What Is the Difference between a ‘Swap’ and a ‘Future’ in Crypto Trading?
A swap is a derivative agreement to exchange one stream of cash flows for another, often without a set expiry. A perpetual swap is a type of swap.
A future is a standardized contract to buy or sell an asset at a predetermined price on a specific future date. In crypto, 'swap' often refers to an instant token exchange on a DEX.
