What Are the Most Common Types of Cryptocurrency Derivatives?

The most common types of cryptocurrency derivatives are futures, options, and perpetual contracts. Futures contracts are agreements to buy or sell a cryptocurrency at a specific price on a future date.

Options contracts give the holder the right, but not the obligation, to buy or sell a cryptocurrency at a specific price on or before a future date. Perpetual contracts are similar to futures contracts, but they have no expiration date.