SEI Perpetual Futures Now Available on CFTC-Regulated OG.com Markets
(2 hours ago) · 1 source · Summarized by CryptoBipto
OG.com Markets, a platform that describes itself as regulated by the U.S. Commodity Futures Trading Commission (CFTC), has listed perpetual futures contracts for the SEI token. The listing expands the range of crypto derivatives available on the platform.
WHY IT MATTERS
A perpetual futures contract is like a bet on the future price of something, except unlike a normal futures contract, it never expires. Think of it like renting a position on a price rather than buying the asset outright. These contracts are very popular in crypto trading but have often existed on platforms outside of traditional U.S. regulation. When a platform that says it is regulated by a major U.S. agency like the CFTC lists a new token for perpetual futures trading, it suggests that token is gaining recognition in more formally supervised markets. For beginners, the CFTC is the U.S. government agency that oversees derivatives markets, similar to how the SEC oversees stocks.
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- thedefiant.io
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