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Noun
In crypto markets, it is often expressed through perpetual futures, or perps, which allow traders to take directional positions with deeper liquidity.—Sean Lee, Forbes.com, 1 June 2026 Selig has been an advocate for bringing perps onshore since being confirmed as CFTC chairman in December 2025.—Jack Kubinec, Fortune, 29 May 2026 Instead, the contracts are designed to track the price of the underlying asset continuously, with funding payments keeping the perp price aligned with the market.—Contessa Brewer, CNBC, 29 May 2026 Both perps then fled the station.—Evan Simko-Bednarski, New York Daily News, 27 May 2026 See All Example Sentences for perp