> For the complete documentation index, see [llms.txt](https://docs.cwallet.com/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.cwallet.com/futures-trade/perpetual-futures/what-is-perpetual-futures.md).

# What is Perpetual Futures?

Perpetual Futures are a simple way to trade based on where you think a coin’s price is going next. In this mode, you don’t actually buy or own the coins themselves. Instead, you are trading a contract that tracks the coin's price in real-time. This allows you to profit from price changes without the hassle of holding the underlying asset.

For many traders, perpetual contracts are the preferred tool for two main reasons:

* **Magnified Capital Efficiency (Leverage):** You can open a trade with much more money than you actually have in your wallet. For example, using "leverage" allows a small amount of cash to control a much larger position. This can lead to higher profits if you guess correctly, but it also means you can lose your funds faster if the price moves the wrong way.
* **Trade Anytime, Anywhere:** Unlike traditional stock markets that close on weekends and holidays, the crypto futures market never sleeps. It is open 24 hours a day, 7 days a week, so you can react to market news the second it happens.

## **Why Trade Perpetual Futures on Cwallet?**

Cwallet is designed to make professional-grade trading accessible to everyone, regardless of experience level.

1. **Access 100+ Popular Markets:** Guess the direction of major coins like $BTC, $ETH, and $SOL or explore trending new tokens. Everything you need is available in one simple list.
2. **Mobile-Friendly Trading:** You don't need a complicated computer setup. Our interface is optimized for your phone, allowing you to open or close trades with just a few taps while you're on the move.
3. **Stay in Control with Smart Tools:** Cwallet gives you tools to trade safely. You can set automatic 'exit points' — Stop Loss (SL) and Take Profit (TP) so your trade closes itself at a certain price.
4. **Transparent and Fair:** Experience fast trading with clear, honest pricing. Cwallet doesn't have any hidden fees, so you always know exactly what you're paying for.
5. **Your All-in-One Crypto Hub:** Manage everything in one place. You can add funds through various channels, swap tokens instantly, and check your total portfolio balance without ever leaving the Cwallet app.