USD / Yen (USDJPY) Perpetual, USDC-Settled
A cash-settled perpetual contract tracking USD / Yen, a forex pair, settled in USDC with up to 50x leverage. You hold a derivative, not the underlying asset.
USDJPY/USDC-PERP is a cash-settled perpetual contract tracking USD / Yen, a forex pair. You hold a derivative, not the underlying forex pair — there is no ownership and nothing is delivered. Margin and profit or loss are denominated in USDC, with leverage up to 50x, and the contract never expires.
Other forex pairs listed as perpetual contracts: EURUSD and GBPUSD.
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