https://ift.tt/5etcPga Use Cases of DeFi Perpetual Futures for Bitcoiners:

[**https://medium.com/coinmonks/bitcoin-perpetual-futures-trading-launching-on-sovryns-dex-18c4ce57ad36**](https://medium.com/coinmonks/bitcoin-perpetual-futures-trading-launching-on-sovryns-dex-18c4ce57ad36)

**Sovryn** is now **launching perpetual futures**, beginning with a **BTC/USD** contract. Sovryn plans to add more contracts as this product matures. The system allows users to gain exposure to other assets without selling BTC or buying a different asset. This opens the possibility for trading on basically any asset that has a publicly trackable price using a perpetual futures contract. E.g. In the future users may be able to Long the S&P500 Index(SPX), open a Short on Gold (**XAUD/USD**), and open a Long on equities like Microstrategy (**$MSTR/USD**) without ever having to sell your bitcoin while enjoying the gains or suffering the losses of such trades. You can find more details here:

**Why is Sovryn Perpetual Futures ideal for Bitcoiners?**

* All you need to enter is your BTC, no need for any other tokens. Using the GSN feature allows all gas fees to be paid with BTC.
* All perpetuals will use bitcoin as collateral. So you will never need to sell your Bitcoin.
* Use for hedging the dollar value of BTC.
* Use as a BTC-savings account, if you believe most people will want to be long for an extended period of time.
* All **without any KYC.**
* Sats becomes the standard, pricing financial instruments in terms of bitcoin will lead us one step closer to BTC standard world.

[checkout live.sovryn.app](https://ift.tt/jpY65rc)

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