> For the complete documentation index, see [llms.txt](https://derivio.gitbook.io/v1/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://derivio.gitbook.io/v1/trading/perpetual-futures.md).

# Perpetual Futures

As one of the most popular derivatives tool in the world of crypto, perpetual futures offer an intuitive way for traders to hedge & speculate.

At Derivio, any pair between any 2 tokens in the pool can be traded, due to the unique [Universal Margin System](/v1/trading/perpetual-futures/universal-margin-system.md).

Traders can open a position using any asset in the pool as collateral, and can trade up to 50x leverage.