
Perpetual Futures are a type of cryptocurrency derivative with no expiration or settlement date. Unlike traditional futures, users can hold positions indefinitely by choosing to Go Long (Buy) or Go Short (Sell).

Futures Protection Program is a subsidy program offered by CoinW for futures traders. If a user's position is forcibly liquidated, they can claim a USDT subsidy based on their accumulated Futures Protection Fund. The subsidy can be used to offset liquidation losses, trading fees, or margins, helping reduce the overall trading risk.

DeriW is a zero gas fee decentralized perpetual trading platform built on a high-performance Rollup and Layer3 architecture, combining Ethereum-level security with high-speed trading capabilities.