2026-01-17 17:20:36

I want to share with everyone the several perpetual contract platforms I have been using recently, and also explain why I chose them.

My idea is actually very simple: there are so many perpetual contract products in the market, but only a small group of users actively trade them. This limited market determines that not all Perps platforms can survive. Therefore, when choosing, you need to carefully examine what true competitive advantages each platform has—deeper liquidity? Better fees? Superior user experience? Or more comprehensive risk management mechanisms?

Instead of passively accepting every option in the market, it’s better to proactively find platforms that can stand out in fierce competition. These platforms often outperform their competitors in one or multiple dimensions, and understanding these differences is worth delving into. I will detail the specific advantages of the platforms I am currently using, so everyone can assess based on their own needs.

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GasFeeSurvivor

· 6h ago

To be honest, there are only a few Perps platforms that truly stay stable and survive; most of the others are just there to join the race.

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BearMarketSurvivor

· 6h ago

That's a pretty good point, but only the perpetual platforms that can really survive will have a countable number of handshakes... Wait, which ones are you actually going to share in the end? Don't just talk about theories haha Liquidity is really crucial; if the slippage is too high, you'll lose money in minutes. Is low fees enough? It also depends on whether the platform has good risk control... How did you choose? I agree that paying attention to platform differences is important, but with the market so competitive, can new entrants really survive? Choosing a platform is not as important as choosing the right market. How risky are contracts anyway?

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HodlTheDoor

· 6h ago

To be honest, there are so many Perps platforms now that it's hard to choose. I'm waiting for your insights.

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ApeWithNoFear

· 6h ago

Honestly, there are indeed too many perp platforms now, but only a few are truly usable. --- The era of deep water fish farming is over; now it's about who has less painful slippage. --- Liquidity is often hyped up, but in the end, the fastest to lose money wins. --- Come back after you've summarized everything. Right now, I just go with whichever has the lowest fee rate. --- Some platforms have solid risk control, but user experience is really hard to describe. --- Instead of slowly comparing, it's better to just run some orders on a few top platforms to get the most direct feel. --- It's mainly about who won't suddenly crash or freeze orders; everything else is just talk. --- Those who survive fierce competition are often just lucky and well-funded. --- I want to see which platforms you're using, but I guess it's the same old ones. --- Perpetual contracts are basically about capital operation; product experience is actually secondary.

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