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Introduction to Perps

You can now trade perps on Nexa

You can now trade perps on Nexa!

Nexa Perps is your high-performance gateway to trading perpetual swaps built for speed, simplicity, and serious focus.

Nexa Perps

What Is Perps?

Perpetual futures (or "perps") are a type of derivative contract that allows traders to speculate on the price of an asset without an expiration date.

Unlike traditional futures that settle on a specific date, perpetual contracts never expire.

This means:

  • You get to speculate on the future price of assets regardless of the direction (go long or short) without buying them.
  • You can use leverage to amplify your gains and losses such that you use more money than you have in your custody.
  • You can use it to hedge your portfolio. Let’s say you’re holding a big bag of SUI. You don’t want to sell, but you’re worried about a short-term drop. Instead of selling you can open a short to offset your loss.
  • Since perps don’t expire, you can use them to increase your exposure to the upside of an asset compared to holding them or spot trading.

Remember that leverage comes with Risk. Derivatives can give you 10x gains or wipe out your positions in a flash. If you’re going to trade futures or perps, start small, use stop-losses, and respect leverage.

Why Nexa Perps

We've built Nexa perps to give you access to trade perps without leaving and juggling multiple apps.

Nexa perps is powered by Bluefin, to give you pro-level tools and a great experience.

We keep the noise to a minimum so you can stay focused on what matters: clean execution, smart leverage, and always-on markets.

Next, learn how to trade perps on Nexa the smart way.