Log in

Save 35% ($551) & Get a Free 1-1 Call with our Team ⏰ : 0d 2h 59m 44s

Home
Research
Analysis
Community
  1. Cryptonary
  2. Crypto School
  3. Guide: Power Perps and Everlasting Options
Guide

Guide: Power Perps and Everlasting Options

Updated: May 22, 2025
Published: Apr 1, 2022
0
Share:

Innovation in crypto is something we know and love. It happens all the time, and is what makes our industry so incredible. Today, we are going to be discussing 2 innovative derivatives that were created by and for crypto, power perpetuals and everlasting options.

Post Feature Image

Power Perpetuals

Perpetual futures, but supercharged.

aligncenter size-large wp-image-208695

They do what they say on the tin. Power perps are similar to ordinary perps, but instead of tracking an underlying asset, they are indexed to a power of the underlying asset (such as ETH).

For example, if the price of ETH doubles, the ETH^2 (^2 means to the power of 2) power perp 4Xs, the ETH^3 power perp 8Xs, and the ETH^5 power perp 32Xs.

The price of power perps is kept in line through a funding fee, similar to standard perps. Positive funding means longs pay shorts, negative means shorts pay longs.

Funding on power perps has historically been very high, making them less attractive investments. Several protocols are working to address this issue.

Everlasting Optionssize-full wp-image-208305 aligncenter

Long term options exposure without effort, risk or

Our Top Picks:

DOGWIFHAT

DOGWIFHAT

120,650%

SPX6900

SPX6900

17,000%

POPCAT

POPCAT

66,567%

PENDLE

PENDLE

5,002%

SOLANA

SOLANA

2,500%

HYPE

HYPE

1,740%

Don’t miss our next 100X

Trusted by 230K+ investors

expense of rolling positions. Options are often used to hedge positions, however they have an expiry date, and rolling them over is costly, time-consuming and risky.

A solution currently exists in perpetual American options, which is an option that can be exercised at any time and has no expiration date. However, selling this option requires a market maker to take on huge risk and uncertainty up-front, making it very expensive and difficult to price. Due to this, they are virtually never used.

Everlasting options offer a solution to this. They are the equivalent of perpetual futures for options. Someone holding an everlasting 1 ETH put option at $3,000 strike price can always sell 1 ETH for $3,000. They will pay funding fees, but avoid repeatedly paying spreads or incurring operational risks (as they don’t have to roll over positions).

There are protocols working on bringing everlasting options to life, however, it is likely that we don’t see them take off anytime soon, as without a niche use case, most people will stick to the already known and understood perpetual future for their hedging needs; at least for the time being.

Disclaimer: NOT FINANCIAL NOR INVESTMENT ADVICE. Only you are responsible for any capital-related decisions you make, and only you are accountable for the results.

Continue reading by joining Cryptonary Pro

Save 35%

$1,548 $997/year

Get everything you need to actively manage your portfolio and stay ahead. Ideal for investors seeking regular guidance and access to tools that help make informed decisions.

VisaCardImageMsCardImageCoinbaseCardImageSolanaCardImage

For your security, all orders are processed on a secured server.

As a Cryptonary Pro subscriber, you also get:

  • 24/7 access to experts with 50+ years’ experience Terms

  • All of our top token picks for 2025

  • On hand technical analysis on any token of your choice

  • Weekly livestreams & ask us anything with the team

  • Daily insights on Macro, Mechanics, and On-chain

  • Curated list of top upcoming airdrops (free money)

Our track record speaks for itself

With over 2.4M tokens and widespread misinformation in crypto, we cut through the noise and consistently find winning assets.

Our track record speaks for itself

With over 2.4M tokens and widespread misinformation in crypto, we cut
through the noise and consistently find winning assets.

  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
/images/advertorial/corpcomm1.webp
/images/advertorial/corpcomm2.webp
/images/advertorial/corpcomm3.webp
/images/advertorial/corpcomm4.webp
/images/advertorial/corpcomm5.webp
/images/advertorial/corpcomm6.webp
/images/advertorial/corpcomm1.webp
/images/advertorial/corpcomm2.webp
/images/advertorial/corpcomm3.webp
/images/advertorial/corpcomm4.webp
/images/advertorial/corpcomm5.webp
/images/advertorial/corpcomm6.webp
/images/advertorial/corpcomm1.webp
/images/advertorial/corpcomm2.webp
/images/advertorial/corpcomm3.webp
/images/advertorial/corpcomm4.webp
/images/advertorial/corpcomm5.webp
/images/advertorial/corpcomm6.webp

Frequently Asked Questions

Can I trust Cryptonary's calls?

Yes. We've consistently identified winners across multiple cycles. Bitcoin under $1,000, Ethereum under $70, Solana under $10, WIF from $0.003 to $5, PopCat from $0.004 to $2, SPX blasting past $1.70, and our latest pick has already 200X'd since June 2025. Everything is timestamped and public record.

Do I need to be an experienced trader or investor to benefit?

No. When we founded Cryptonary in 2017 the market was new to everyone. We intentionally created content that was easy to understand and actionable. That foundational principle is the crux of Cryptonary. Taking complex ideas and opportunities and presenting them in a way a 10 year old could understand.

What makes Cryptonary different from free crypto content on YouTube or Twitter?

Signal vs noise. We filter out 99.9% of garbage projects, provide data backed analysis, and have a proven track record of finding winners. Not to mention since Cryptonary's inception in 2017 we have never taken investment, sponsorship or partnership. Compare this to pretty much everyone else, no track record, and a long list of partnerships that cloud judgements.

Why is there no trial or refund policy?

We share highly sensitive, time-critical research. Once it's out, it can't be "returned." That's why membership is annual only. Crypto success takes time and commitment. If someone is not willing to invest 12 months into their future, there is no place for them at Cryptonary.

Do I get direct access to the Cryptonary team?

Yes. You will have 24/7 to the team that bought you BTC at $1,000, ETH at $70, and SOL at $10. Through our community chats, live Q&As, and member only channels, you can ask questions and interact directly with the team. Our team has over 50 years of combined experience which you can tap into every single day.

How often is content updated?

Daily. We provide real-time updates, weekly reports, emergency alerts, and live Q&As when the markets move fast. In crypto, the market moves fast, in Cryptonary, we move faster.

Recommended from Cryptonary
BTC, ETH and More: Market Hits a Major Decision Zone
PRO
Market Direction
BTC, ETH and More: Market Hits a Ma...Bitcoin has finally tapped the $79,140 liquidity target, but the real question now is whether this b...
12 min read
Apr 24, 2026
Market Update: Bitcoin Approaches Key Resistance as US-Iran Tensions Drag On
PRO
Market Updates
Market Update: Bitcoin Approaches K...The geopolitical backdrop remains tense, but markets are not breaking. As the US-Iran deadlock drags...
9 min read
Apr 23, 2026
Over $750m Was Stolen in 2026: WTF is Going On With DeFi?
Research Report
Over $750m Was Stolen in 2026: WTF ...Nearly $600m has been stolen from DeFi in the last 18 days and over $750m in 2026. Drift was hit on ...
14 min read
Apr 22, 2026
Market Update: Bitcoin Faces $82K Resistance as Fed Dissents
PRO
Market Updates
Market Update: Bitcoin Faces $82K R...This week, markets have been astutely focused on Wednesday’s Fed Meeting, as well as Big Tech earnin...
8 min read
May 1, 2026
Market Pulse: Fed and Earnings
PRO
Market Pulse
Market Pulse: Fed and EarningsThis evening, we had the Fed Meeting (Powell's last as Chair) and Big Tech Earnings. Let's dive into...
3 min read
Apr 30, 2026
Market Update: US-Iran Deadlock and Key Risks
PRO
Market Updates
Market Update: US-Iran Deadlock and...This week brings several key developments for markets, with renewed focus on US-Iran tensions, the F...
8 min read
Apr 27, 2026
BTC, ETH and More: Market Hits a Major Decision Zone
PRO
Market Direction
BTC, ETH and More: Market Hits a Ma...Bitcoin has finally tapped the $79,140 liquidity target, but the real question now is whether this b...
12 min read
Apr 24, 2026
Market Update: Bitcoin Approaches Key Resistance as US-Iran Tensions Drag On
PRO
Market Updates
Market Update: Bitcoin Approaches K...The geopolitical backdrop remains tense, but markets are not breaking. As the US-Iran deadlock drags...
9 min read
Apr 23, 2026
Over $750m Was Stolen in 2026: WTF is Going On With DeFi?
Research Report
Over $750m Was Stolen in 2026: WTF ...Nearly $600m has been stolen from DeFi in the last 18 days and over $750m in 2026. Drift was hit on ...
14 min read
Apr 22, 2026
Market Update: Bitcoin Faces $82K Resistance as Fed Dissents
PRO
Market Updates
Market Update: Bitcoin Faces $82K R...This week, markets have been astutely focused on Wednesday’s Fed Meeting, as well as Big Tech earnin...
8 min read
May 1, 2026
Market Pulse: Fed and Earnings
PRO
Market Pulse
Market Pulse: Fed and EarningsThis evening, we had the Fed Meeting (Powell's last as Chair) and Big Tech Earnings. Let's dive into...
3 min read
Apr 30, 2026
Market Update: US-Iran Deadlock and Key Risks
PRO
Market Updates
Market Update: US-Iran Deadlock and...This week brings several key developments for markets, with renewed focus on US-Iran tensions, the F...
8 min read
Apr 27, 2026
BTC, ETH and More: Market Hits a Major Decision Zone
PRO
Market Direction
BTC, ETH and More: Market Hits a Ma...Bitcoin has finally tapped the $79,140 liquidity target, but the real question now is whether this b...
12 min read
Apr 24, 2026
Market Update: Bitcoin Approaches Key Resistance as US-Iran Tensions Drag On
PRO
Market Updates
Market Update: Bitcoin Approaches K...The geopolitical backdrop remains tense, but markets are not breaking. As the US-Iran deadlock drags...
9 min read
Apr 23, 2026
Over $750m Was Stolen in 2026: WTF is Going On With DeFi?
Research Report
Over $750m Was Stolen in 2026: WTF ...Nearly $600m has been stolen from DeFi in the last 18 days and over $750m in 2026. Drift was hit on ...
14 min read
Apr 22, 2026
Research
Top PicksDeep DivesPassive IncomeAirdrop ReportsMemecoins
Analysis
Market UpdatesMarket DirectionMarket PulseLivestreams
Tools
Market DirectionAssets & PicksAirdropsPortfolio Tracker
Cryptonary
Affiliate programEducationPrivacy PolicyTerms & ConditionsContact UsWrite for usTeam
Stay connected
Disclaimer: The information provided on this website is for educational and informational purposes only and does not constitute financial, investment, legal, or tax advice. Cryptonary is not a licensed financial advisor. All content is shared without any guarantee of accuracy or completeness. You are solely responsible for your investment decisions. Always do your own research and consult with a licensed professional before making financial choices. Past performance is not indicative of future results.

×
popupimage
Our Latest Utility Token Research ReportPreviously locked for Pro members, now available to read in full.
  • tickThe utility token we're tracking closely
  • tickWhy we believe it's still early in the cycle
  • tickWhat we're watching to confirm a structural shift
​
Germany

No spam. No hype. Just the research.