I used to trade futures, and every time they expired, I had to adjust my positions, which was quite troublesome. This time, I tried the Binance Life Perptual Futures on Gate and found that there is no expiration date, which is indeed much more convenient. It is especially suitable for my judgment on medium to long term trends, as it does not require frequent operations. However, it is important to note that although there is no expiration, the funding rate still needs to be followed, otherwise the long-term holdings cost will also increase. Overall, this design is relatively friendly for medium to long term players.