How Does a Signature on a Perpetual Futures Contract Differ from a Standard Option?
A perpetual futures contract, unlike a standard option, has no expiration date and typically uses a funding rate mechanism to anchor its price to the underlying asset. The digital signature in this context often authorizes margin adjustments, position changes, or the opening/closing of the contract on a derivatives exchange.
While both use signatures for authorization, the perpetual contract signature is frequently used for ongoing account maintenance and trading actions, rather than a one-time commitment to an expiration-bound contract.