Contract Algorithm Sickle: Binance and OKX's Perpetual Contract Financial Philosophy Battle "(author Danny): This article explores the perpetual contract trading between Binance and OKX from the perspective of underlying algorithms. Algorithms greatly affect the exchange's decision-making on perpetual contracts on new coins. How exchanges manage price fluctuations and control the risk of liquidation has almost become the" life and death line "for whether they can enter perpetual contracts; OKX