Why Perps⁻¹?

Perps⁻¹ enables anyone to get unlimited upside exposure to the downside price movements of cryptocurrencies.

Throughout crypto’s history, many altcoins have failed to sustain real value, often relying on economic designs that benefit insiders at the expense of retail traders.

In bear markets, most cryptocurrencies lose a significant portion of their value. At the same time, short exposure, especially via perpetual futures, is vulnerable to short squeezes and price manipulation to trigger liquidations. Traditional perps also structurally cap short-side upside (you can only gain up to +99% if an asset goes -99%), while longs retain effectively unlimited upside.`

Inverse perpetual futures (“inverse perps”) address this asymmetry by inverting the oracle price. By quoting the inverse of the asset’s price, they allow short positions to benefit from effectively unlimited upside as prices fall, creating a more balanced payoff structure between longs and shorts.