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Perpetual contracts in the cryptocurrency circle are purely driven by emotions and attract attention. XBIT decentralized trading platform is competing in the track
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Perpetual contracts in the cryptocurrency circle are purely driven by emotions and attract attention. XBIT decentralized trading platform is competing in the track
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On April 12, the perpetual contract DEXAster launched RFC contract trading. Behind this event, not only new trading varieties are involved, but also the diverse pattern of cryptocurrency trading platforms and the rich ecology of the perpetual contract market. Among them, the XBIT decentralized exchange platform also plays a unique role in this environment. The introduction of the funding fee mechanism of XBIT perpetual contracts can balance the long and short forces in the market and prevent excessive crowding in a single direction. This mechanism enables investors to better manage risks while enjoying the high returns brought by leveraged trading, and avoid losses caused by market fluctuations

According to official news, the decentralized perpetual contract trading platform Aster announced the launch of RFC contract trading, which supports up to 25 times leverage. Aster's predecessor was the DeFi protocol Astherus and APX. After completing the brand integration at the end of March, it was upgraded to "Aster" and focused on the decentralized perpetual contract trading (PerpDEX) track.The new product is deployed on mainstream public chains such as BNBChain and Arbitrum, with the goal of creating a contract platform with deep liquidity, low fees and smooth trading experience. There are many types of perpetual contracts in the currency circle. Common ones include forward perpetual contracts, which are based on cryptocurrencies, such as Bitcoin perpetual contracts. Investors make profits based on price fluctuations by going long or short on Bitcoin. Reverse perpetual contracts are the opposite, with fiat currency or stablecoins as the denominated unit, such as Ethereum reverse perpetual contracts denominated in US dollar stablecoins.

In addition, there are some innovative perpetual contracts, such as perpetual contracts that track specific cryptocurrency indices, allowing investors to trade the comprehensive performance of multiple cryptocurrencies through one contract. XBIT decentralized exchange platform also has its own layout in the currency circle perpetual contract market. Its smart contract automated execution improves transaction efficiency and reduces transaction costs. In the context of Aster's launch of RFC contract trading, although XBIT decentralized trading platform and Aster are different platforms, they both provide investors with more trading options.At present, Aster has restarted the transaction mining (Rh) points activity. Rh points determine Aster's future AST airdrop allocation. The weekly ranking is reset, which greatly stimulates investors' trading enthusiasm. There may be other popular cryptocurrency perpetual contract transactions on the platform. Investors can flexibly switch between the XBIT decentralized exchange platform and Aster and other platforms based on their own judgment of different assets to build a diversified investment portfolio.

Looking at the RFC contract, it is a meme token based on the Solana network, which has attracted attention for its entertainment and community activity. The high performance and low transaction cost of the Solana network provide a good foundation for the development of RFC, and its community-driven model makes RFC a carrier for the combination of social and investment.From a market perspective, Aster's launch of RFC contract trading provides investors with more diversified choices. The traditional financial market has limited investment varieties, while the innovation of the cryptocurrency market gives investors the opportunity to participate in emerging projects. Aster provides a convenient and relatively safe trading platform for investors who are optimistic about the potential of RFC or are interested in the field of meme tokens. The 25x leverage setting meets the needs of some investors to make a small bet for a big gain, but it also comes with high risks.

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