These days I’m into auditing DeFi perpetuals, and that requires me understanding how the overall system works if I’m to find unique, business logic bugs. One of the best ways to learn something is to talk about it, share and teach one’s knowledge. I plan to share what I understand from perpetuals, from basics to advanced. This is the first part of a series, expect more to come.In order to understand perpetuals, it might be the best to go back to futures contracts briefly, as perpetuals are pr...

These days I’m into auditing DeFi perpetuals, and that requires me understanding how the overall system works if I’m to find unique, business logic bugs. One of the best ways to learn something is to talk about it, share and teach one’s knowledge. I plan to share what I understand from perpetuals, from basics to advanced. This is the first part of a series, expect more to come.In order to understand perpetuals, it might be the best to go back to futures contracts briefly, as perpetuals are pr...