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![0xFent Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::1438598794589913090.png) Fent 🐼⛓️ [@0xFent](/creator/twitter/0xFent) on x 3476 followers
Created: 2025-07-18 19:44:52 UTC

📈WTF is a perp?📉

Perps are a type of contract that has no expiration, that's where the term perpetual comes from!

These contracts give you exposure to the price action of assets without having to actually hold the underlying asset!

These contracts normally cost a fee!

![](https://pbs.twimg.com/media/GwKco3gXsAIDer8.jpg)

XX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1946295123152613604/c:line.svg)

[Post Link](https://x.com/0xFent/status/1946295123152613604)