Layer 2 Perpetual Futures

Perpetual futures on networks built to scale other blockchains, including Arbitrum, Optimism and Polygon, which scale Ethereum, and Stacks, which brings smart contracts to Bitcoin. Each contract follows the network's token and settles in USDT.

MarketPriceTrade
Stacks (STX)StacksSTX-PERP0.3209+3.41%Trade
Prom (PROM)PromPROM-PERP5.795+10.31%Trade
Arbitrum (ARB)ArbitrumARB-PERP0.16390+1.88%Trade
Optimism (OP)OptimismOP-PERP0.11430+1.17%Trade
Polygon (POL)PolygonPOL-PERP0.09187+0.19%Trade
Hemi (HEMI)HemiHEMI-PERP0.004768+1.18%Trade

Layer-2 networks run on top of a base blockchain, processing transactions away from the main chain and relying on it for security or settlement. Ethereum rollups such as Arbitrum and Optimism bundle many transactions and post the data back to Ethereum, which lowers fees while keeping much of its security. Other projects bring smart contracts to Bitcoin. Layer-2 tokens are commonly used for governance, and some also pay fees or are staked.

Prices tend to follow activity on the network, competition between layer-2s, token unlock schedules and the health of the base chain they extend. Trading them as USDT-settled perpetuals means taking a position on the token's price, not using the network.

Frequently asked questions