# Futures on Bit Bank Bit Bank currently offers xUSD-margined Futures. These Futures contracts offer the following: * Settlement in xUSD-pegged assets are denominated and settled in xUSD. * Expiration: Perpetual * Pricing: Each Futures contract specifies the base assets quantity delivered for a single contract, also known as "Contract Unit". For instance, BTC/xUSD or ETH/xUSD Futures contracts represent only one unit of its respective base asset, similar to spot markets. ### Advantages of xUSD-margined contracts xUSD-margined contracts are linear Futures quoted and settled in xUSD. One of the key benefits of xUSD settlement is that traders can easily calculate their returns. This makes xUSD-margined contracts more intuitive. \ \ For example, when you make 500 xUSD in profit, you can easily estimate that the profit is worth approximately $500 - since the value of 1 xUSD is pegged closely to 1 USD. Additionally, a universal settlement currency, such as xUSD, provides more flexibility. You can use the same settlement currency across various Futures contracts. This eliminates the need to buy the underlying coins to fund Futures positions. You will not incur additional fees as there is no additional conversion required when trading with xUSD. In times of elevated volatility, xUSD-margined contracts help reduce the risk. Traders won't need to worry about hedging their underlying collateral exposure. --- # 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.bit-bank.io/confidential-futures-and-exchange-platform-tech-docs/futures/futures-on-bit-bank.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.