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River token has taken a new step. Starting this afternoon, the perpetual contract RIVER/USDT trading pair has been launched on a major exchange.
Perpetual contracts are often an important liquidity node for the market. Once hedging, speculation, and directional trading are opened, market participation will become significantly more active, and trading depth will also increase. This is because derivative instruments attract more institutions and retail investors.
After the launch of perpetual contracts, River's price discovery mechanism will become more complete and transparent. A multi-dimensional trading market allows prices to reflect a more comprehensive market consensus.