Flipster Unveils Market-First USD1 Perps for Top Cryptos

Flipster Unveils Market-First USD1 Perps for Top Cryptos
In a significant move that reshapes the landscape of crypto derivatives, Flipster, a rapidly expanding trading platform, has announced the launch of the market's inaugural USD1 perpetual contracts (perps) for major cryptocurrencies including Bitcoin (BTC), Ethereum (ETH), Solana (SOL), Ripple (XRP), and Dogecoin (DOGE). This pioneering offering marks a new era for traders seeking innovative and regulated options within the volatile digital asset space. Perpetual contracts are a popular form of derivatives trading in the cryptocurrency market, allowing traders to speculate on the future price of an asset without an expiry date, mimicking a spot market but with leverage. Traditionally, these contracts are often quoted against stablecoins like USDT. The introduction of USD1, a fully backed and regulated stablecoin issued by World Liberty Financial (WLFI), as a base currency for these perps presents a novel and potentially more secure avenue for participants. The Advantage of USD1 Perps…