Trust Wallet opens early access for perpetual futures traders

The self-custodial wallet is inviting a small group of traders to test a new perps feature as it pushes deeper into on-chain leverage Trust Wallet is recruiting a small group of traders to test a new perpetual futures feature before a wider rollout. Interested users fill out an application form. The company then picks who gets in. How the early access program works The setup is fairly simple. Traders submit their details through a form, and Trust Wallet staff review the applications to choose participants. On data handling, the company says personal information entered into the form may be shared internally with Trust Wallet staff. That sharing is limited to selecting and contacting users for early access and gathering their feedback. Applicants who are not chosen get a cleaner exit. Trust Wallet says it will delete their personal data once selection is complete. A quick primer on perpetual futures Picture a bet on an asset’s price that never has to be settled on a fixed date. That is roughly what a perpetual future, or “perp,” is. Traditional futures contracts expire. Perps do not. Traders can hold a long or short position as long as they keep enough collateral, called margin, to ...