Privacy Perpetual Futures
Perpetual futures on privacy coins, currently Zcash. Zcash lets users hide the sender, recipient and amount of a transaction, and its contract here settles in USDT like every other market.
| Market | Price | Trade | ||||
|---|---|---|---|---|---|---|
| 1 |  ZcashZEC-PERP | 1,244.50−2.19% | −2.19% | 1.6M | 100x | Trade |
Privacy coins are cryptocurrencies designed to hide transaction details that public blockchains normally expose. Zcash uses zero-knowledge proofs called zk-SNARKs, which let the network confirm a shielded transaction is valid without revealing who sent it, who received it or how much moved. Privacy on Zcash is optional, chosen per transaction: transparent addresses work much like Bitcoin's and are fully visible.
Privacy coins tend to respond to regulatory attention, exchange listing decisions, upgrades to their privacy technology and the wider crypto market. Trading ZEC as a USDT-settled perpetual means taking a position on its price; no ZEC moves and no shielded transaction takes place.
A perpetual future is a contract that tracks the price of an asset and never expires. You can go long, profiting if the price rises, or short, profiting if it falls, without owning the asset itself.
You post margin and choose your leverage. Leverage multiplies both gains and losses: at 10x, a 1% move in the price is a 10% change in your margin. If losses use up the margin, the position is liquidated.
Frequently asked questions
A privacy coin is a cryptocurrency built to conceal some or all transaction details, such as the parties involved and the amount. On most public blockchains, including Bitcoin's, those details are visible to anyone.
No. Zcash has two kinds of addresses. Transfers between transparent addresses are public, much like Bitcoin's, while transfers between shielded addresses hide the sender, recipient and amount.
zk-SNARKs are a type of zero-knowledge proof: a way to prove a statement is true without revealing the information behind it. Zcash uses them to show a shielded transaction follows the rules without exposing its details.
No. A ZEC perpetual is a position on this exchange that follows Zcash's price, not a transaction on the Zcash network. Shielding applies only to ZEC sent on the Zcash blockchain itself.
No. There is no KYC and no sign-up form. You connect a wallet and sign a message to log in — self-custody wallet sign-in, with no password — then deposit USDT to start trading.
A perpetual future is a contract that tracks the price of an asset and never expires. You can go long, profiting if the price rises, or short, profiting if it falls, without owning the asset itself.
There are 75 perpetual futures markets, across crypto, gold and oil, all settled in USDT with cross margin.
No. A perpetual has no expiry date, so you can hold a position for as long as your margin covers it.
Maker orders pay 0.02% and taker orders 0.06% of the order value, on every market.
Yes. Every market is open 24/7, including gold and oil.