# What is Perps Trading? 1\. Perpetuals are crypto derivative contracts that let traders buy or sell assets without an expiration date. 2\. They can be held indefinitely and are popular for speculating on price changes. 3\. Traders often use leverage to increase potential profits, but this also raises risk. --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://docs.tradoor.io/tradoor-user-guide-v2/how-to-trade-on-tradoor/trading-perps-101/what-is-perps-trading.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.