Perps

The N1 App gives traders access to all perpetual future markets deployed to the N1 network.

What perpetual futures are

Perpetual futures ("perps") are derivative contracts that track the price of an asset without an expiry date. Traders can go long or short with leverage, and positions remain open indefinitely as long as margin requirements are met.

No expiration — Positions do not settle at a fixed date. Funding payments keep the contract price anchored to the underlying asset.

Leverage — Traders can amplify exposure using margin.

Funding rates — Periodic payments exchanged between longs and shorts when the perp price deviates from spot.