Understanding Contract Symbols on Delta Exchange

On Delta Exchange, the contracts are abbreviated in a specific format. "If Any> If Any>"  If a trader can understand and decode contract symbols, they can then interpret other contract symbols without putting in too much time and effort.

1. The first 3/4 letters are the underlying asset that is being traded.
2. The latter 3/4 letters are the quote currency.
3. In the case of a single letter (Q) added post the quote currency, the letter represents the type of currency product.
4. The last details in a contract would be the date, in case the contract expires on a particular date.

*You can’t figure out whether a contract is inverse or vanilla from the symbology. You need to know what is the margining/ settlement currency too, in addition to the contract symbol.

BTCUSD_27MAR – Inverse Futures, expiring on 27^th March

1. BTC is the underlying asset, Bitcoin
2. USD is the quote currency, S. Dollars
3. 27MAR is the day the contract will expire i.e. 27^th March 2020

LINKBTC – Perpetual Vanilla Contract

1. LINK is the underlying asset, Chainlink
2. BTC is the quote currency, Bitcoin

ETHUSDQ - Perpetual Quanto Contract

1. The first 3 letters, ETH represent the underlying asset i.e. Ethereum
2. USD represents the quote currency being Dollars
3. Q represents the currency product i.e. Quanto Products. Read more on Quanto here

Below, we have mentioned an exhaustive list of all the contracts listed on Delta Exchange, till date and what their contract specifications are.