Costco (COST) Perpetual, USDC-Settled
A cash-settled perpetual contract tracking Costco, a stock, settled in USDC with up to 20x leverage. You hold a derivative, not the underlying asset.
COST/USDC-PERP is a cash-settled perpetual contract tracking Costco, a stock. You hold a derivative, not the underlying stock — there is no ownership and nothing is delivered. Margin and profit or loss are denominated in USDC, with leverage up to 20x, and the contract never expires.
The same instrument is also listed settled in USDT (up to 20x).
Other stocks listed as perpetual contracts: LLY, TSM, ASML, AVGO, QCOM and IBM.
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