Futures bind both sides to settlement obligations. Options give buyers a right in exchange for a premium, while sellers take the corresponding obligation.

The Hyperliquid-based contract allows up to 20x leverage and settles index-point gains and losses in USDC, without delivering Indian shares.

Kraken responded with ‘coming soon 👀’ as Selig outlined access through futures exchanges also registered with the SEC.

A smaller percentage can imply the same daily funding rate when payment intervals differ. Heatmap colors describe an aggregate, not a count of bullish or bearish traders.

Funding is a recurring payment between traders holding long and short positions. A simple SEI example shows how it affects an account—and why collateral and fees are different.

Perpetuals turnover reached $17.44 billion on Oct. 29, while liquidations climbed to about $252 million and outstanding positions declined.

The contract offers up to 5x leverage and is expected to become an equity perpetual after listing, without delivering shares or IPO allocations.

The perpetual has its own pricing and hourly funding payments, unlike the fully funded OPAIPon spot note. US persons are excluded.

Paragon had already halted its PAPER market and settled open positions at $0.026296 after Papertrade ruled out token transfers for now.

Holders who earned PAPER through trading losses can stake it for USDC distributions, but still have no date when they can transfer or sell their tokens.