farcards

Intuition for Leverage and Path Dependence for Perps

> Understanding path dependence through simulations helps traders build intuition on the implicit duration of their leveraged perp positions.

> This article share some intuition around the path dependence nature of perpetual swaps when using leverage & how they behave as a synthetic option

Source:

ren (wassie arc)

Intuition for Leverage and Path Dependence for Perps

> Understanding path dependence through simulations helps traders build intuition on the implicit duration of their leveraged perp positions.

> This article share some intuition around the path dependence nature of perpetual swaps when using leverage & how they behave as a synthetic option

Source: https://x.com/0xren_cf/status/1928141261229465612