BRVX Glossary · Derivatives · Updated September 25, 2026
A derivative is a financial contract whose value is derived from an underlying asset, index or rate, such as a stock, a commodity or an exchange rate. Futures, options, swaps, CFDs and perpetual futures are all derivatives: you trade exposure to the price without owning the underlying.
The main types
- Futures: agree today on a price for a trade on a future date.
- Options: the right, not the obligation, to buy or sell at a set price.
- Swaps: exchange one stream of payments for another.
- CFDs: settle the price difference between opening and closing.
- Perpetual futures: futures with no expiry, kept near the index by funding.
Why traders use them
Derivatives let traders hedge, go short without borrowing, and use leverage. The same features make losses larger and faster than holding the asset itself.
On BRVX
BRVX offers one derivative type: synthetic perpetual futures quoted in USDT on 41 markets. They give price exposure only — no shares, coins or barrels are held behind a position, and holding a stock perpetual gives no claim on the company.
Questions about Derivatives
Are derivatives risky?
Yes, especially leveraged ones: losses can exceed what an unleveraged holding of the asset would lose over the same move.
Is a stock a derivative?
No. A share is ownership in a company; a derivative only tracks a price.
Is a perpetual future a derivative?
Yes. It is a futures contract without an expiry date.
Derivatives: next steps on BRVX
Derivatives on XAUT/USDT today: 5x to 100x, fees 0.08% in and 0.08% out, funding 0.0023% long and 0.0091% short per hour.
Read next: Perpetual futures, Futures trading and CFD (contract for difference).
Leverage works both ways: a small move against you can lose you the whole margin.
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