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MEV_and_trading/derivatives/README.md
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* **derivatives** are financial contracts that derive their values from underlying assets.
* **[futures](futures.md)**:
- contracts are proxy tools to speculate on the future prices of cryptocurrencies or to be used to hedge against their price changes.
* **[perpetuals](perpetuals.md)**:
* **[perpetuals](perpetuals)**:
- derivative contracts with no expiration date.
* **[options](options.md)**:
- derivatives that give the buyer the right to buy or sell the underlying asset at a stated price within a specified period.