The development model of the perpetual contract exchange can vary depending on the platform's scale, technical requirements, and business model.
The following are several common development models for perpetual contract exchanges:
- Independent research and development mode:
In this mode, the exchange completely independently designs, develops, and maintains a perpetual contract trading system. The exchange will establish its own development team responsible for system architecture design, front-end and back-end development, security and stability assurance, and other aspects. This model requires high technical strength and requires comprehensive technical capabilities and resource investment.
- Third party trading system mode:
The exchange chooses to purchase or rent mature trading systems developed by third parties for perpetual contract trading. These third-party trading systems typically have stability and security, and provide a wealth of functions and tools. The exchange needs to customize and configure according to its own needs, interface with third-party trading system providers, and provide technical support.
- Platform solution mode:
In this mode, the exchange adopts existing exchange solutions that typically provide a complete trading system and related services. The exchange only needs to conduct customized configuration and adaptation to meet the specific needs of the platform. Platform solution providers typically have extensive experience and professional knowledge to help exchanges quickly deploy and go live.
- White Label Exchange Mode:
White label exchanges refer to exchanges that rent brands and technologies from existing trading platforms and operate on them. Exchanges can customize according to their own needs, such as adding their own brands, adjusting trading rules, and setting handling fees. This model can be quickly launched and operated for start-up exchanges or exchanges with weaker technological capabilities.
Regardless of the development model used, the development of a perpetual contract exchange requires consideration of factors such as technical architecture design, functional requirements, security and stability, scalability, and compliance.
Renewal contract trading is a derivative financial contract with no fixed expiration date, commonly used in the cryptocurrency market. Unlike traditional futures contracts, perpetual contracts have no expiration date and can be held indefinitely.
The characteristic of a perpetual contract is that its price is closely related to the spot market price of the underlying asset. Traders can profit by buying or selling perpetual contracts based on their own predictions and market trends
