Perps Attract Traders with Liquidity but Raise Concerns on Manipulation

The perpetual swap (perp) market in cryptocurrency has been gaining popularity among traders. According to some, it offers benefits such as increased liquidity and trading flexibility.

However, others have raised concerns about the risks associated with perps, including the potential for market manipulation and margin calls. One trader noted that 'the good' of perps includes the ability to trade 24/7 without having to hold a position overnight, which can be beneficial for those who want to avoid liquidity issues.

On the other hand, some traders are wary of perps due to their potential for high leverage and the risk of margin calls. Another trader pointed out that 'the bad' of perps includes the possibility of market manipulation, where a single entity can influence prices by trading large amounts of a particular asset.