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What are perps, anyway? Everything you need to know about crypto’s hottest trading instrument

CoinDeskMonday, July 27, 2026 at 3:00 PM

RedScroll Brief

What are perps, anyway? Everything you need to know about crypto’s hottest trading instrument
Image via CoinDesk

Perps, which launched on BitMEX in 2016, have become one of the most traded financial products in the world.

Desk copy

RedScroll Briefing

Extractive editorial brief — not a reprint of the original

What happened

Perps, which launched on BitMEX in 2016, have become one of the most traded financial products in the world.

Why it matters

Crypto moves are a live stress test of liquidity, regulation, and narrative risk.

Background

CoinDesk reported on this under crypto. RedScroll surfaces the signal with an extractive brief — not a reprint of the original article. Read the source for full reporting.

Timeline

  1. CoinDesk published: What are perps, anyway? Everything you need to know about crypto’s hottest trading instrument

  2. Story is in today’s RedScroll edition. Follow the original source for updates.

Economic impact

Watch liquidity and volatility around Everything and Perps — crypto markets reprice narrative risk quickly.

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Related stories

Sources

CoinDeskoriginal reporting. RedScroll provides an extractive briefing only.