Circle Internet (CRCL) Perpetual, USDT-Settled

A cash-settled perpetual contract tracking Circle Internet, a stock, settled in USDT with up to 20x leverage. You hold a derivative, not the underlying asset.

CRCL/USDT-PERP is a cash-settled perpetual contract tracking Circle Internet, 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 USDT, with leverage up to 20x, and the contract never expires.

The same instrument is also listed settled in USDC (up to 10x).

Other stocks listed as perpetual contracts: CRWD, CRWV, DKNG, EBAY, GEV and HIMS.

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