- Trade
- Products
- Markets
- More
Login
Sign Up
Sign Up
Login
Sign Up
Sign Up
Quantity
PERP
Price
INR
TRADE NOW
₹
₹
ADD ASSET TO COMPARE
Select a coin to compare
INIT
Initia
SFP
Safepal
VINE
Vine coin
USDS
Usds
DOLO
Dolomite
KMNO
Kamino finance
ZK
Zksync
STO
Stakestone
DRIFT
Drift
OGN
Origin protocol
TST
Test
AI
Sleepless ai
MUBARAK
Mubarak
A
Vaulta
GLM
Golem
GRIFFAIN
Griffain
CAT
Simon's cat
SXT
Space and time
1INCH
1inch
SOPH
Sophon
PEPE
Pepe
MEMEFI
Memefi
SENT
Sentient
YB
Yieldbasis
CHILLGUY
Just a chill guy
1000CHEEMS
Cheems (cheems.pet)
DYM
Dymension
MET
Meteora
TUT
Tutorial
DEEP
Deepbook protocol
MORPHO
Morpho
VOXEL
Voxies
ATH
Aethir
COW
Cow protocol
SHELL
Myshell
SYN
Synapse
RESOLV
Resolv
ADX
Heyaura
BMT
Bubblemaps
BANANAS31
Banana for scale
FORM
Four
COOKIE
Cookie dao
SNX
Synthetix network token
WAL
Walrus
LPT
Livepeer
MOBILE
Helium mobile
EGLD
Elrond
NXPC
Nexpace
MELANIA
Official melania meme
PYR
Vulcan forged (pyr)
THE
Thena
RENDER
Render
ATOM
Cosmos
QNT
Quant
ALGO
Algorand
KAS
Kaspa
POL
Pol (ex-matic)
JST
Just
BNB
Binance coin
HAEDAL
Haedal protocol
X
X empire
HUMA
Huma finance
RSR
Reserve rights
BAN
Comedian
MAVIA
Heroes of mavia
VANRY
Vanar chain
HOME
Defi app
ORCA
Orca
GAS
Gas
ZRX
0x
ID
Space id
AIOZ
Aioz network
ZAMA
Zama
SXP
Solar
ALPINE
Alpine f1 team fan token
ORDI
Ordi
DYDX
Dydx
TREE
Treehouse
ZEC
Zcash
NMR
Numeraire
USDC
Usd coin
ENA
Ethena
JUP
Jupiter
XRP
Ripple
BIO
Bio protocol
S
Sonic (prev. ftm)
SAFE
Safe
TURBO
Turbo
TLM
Alien worlds
GTC
Gitcoin
IO
Io.net
ALLO
Allora
YFI
Yearn.finance
BERA
Berachain
W
Wormhole
ZIL
Zilliqa
CC
Canton
TOWNS
Towns
PLUME
Plume
TFUEL
Theta fuel
ENJ
Enjin coin
XLM
Stellar
GMX
Gmx
KSM
Kusama
ELIZAOS
Elizaos
SUPER
Superverse
BRETT
Brett (based)
SCR
Scroll
MEGA
Megaeth
VVV
Venice token
PUMP
Pump.fun
FLR
Flare
FIL
Filecoin
BCUT
Bitscrunch
SPK
Spark
LINK
Chainlink
ADA
Cardano
TURTLE
Turtle
MANTA
Manta network
LIGHT
Bitlight
COQ
Coq inu
LINEA
Linea
AXL
Axelar
HOLO
Holoworld ai
TOSHI
Toshi
HNT
Helium
PEAQ
Peaq
OPEN
Openledger
0G
0g
GPS
Goplus security
BABY
Babylon
KAVA
Kava
CKB
Nervos network
NKN
Nkn
MOVE
Movement
BARD
Lombard
DGB
Digibyte
XEM
Nem
ASTR
Astar
ACH
Alchemy pay
PNUT
Peanut the squirrel
MITO
Mitosis
HEMI
Hemi
POPCAT
Popcat (sol)
XYO
Xyo
REQ
Request
SUSHI
Sushi
SOLV
Solv protocol
NIGHT
Midnight
APT
Aptos
ARB
Arbitrum
AERO
Aerodrome finance
NEXO
Nexo
INJ
Injective
CAKE
Pancakeswap
AMP
Amp
XNO
Nano
BLUR
Blur
TON
Toncoin
SUNDOG
Sundog
MOG
Mog coin
NOM
Nomina
CATI
Catizen
XVS
Venus
CELO
Celo
SAHARA
Sahara ai
DEGEN
Degen
BCH
Bitcoin cash
RED
Redstone
MOODENG
Moo deng (moodengsol.com)
ROBO
Fabric protocol
ALT
Altlayer
MEME
Memecoin
MASK
Mask network
POLYX
Polymesh
TRB
Tellor
NOT
Notcoin
PROVE
Succinct
VTHO
Vethor token
FOGO
Fogo
MANTRA
Mantra
AT
Apro
MMT
Momentum
UMA
Uma
ANKR
Ankr
ESP
Espresso
WAVES
Waves
G
Gravity
ME
Magic eden
LUNA2
Terra 2.0
NPC
Non-playable coin
ZORA
Zora
LTC
Litecoin
HIGH
Highstreet
MEW
Cat in a dogs world
VANA
Vana
SSV
Ssv.network
ZBT
Zerobase
SOL
Solana
DASH
Dash
JTO
Jito
VET
Vechain
FET
Artificial superintelligence
PENGU
Pudgy penguins
TRUMP
Official trump
BONK
Bonk
SEI
Sei
VIRTUAL
Virtuals protocol
TIA
Celestia
1MBABYDOGE
Baby doge coin
SUN
Sun (new)
PHB
Phoenix
STORJ
Storj
RPL
Rocket pool
AVNT
Avantis
LAYER
Solayer
FUN
Funtoken
HBAR
Hedera
ACX
Across protocol
POWR
Power ledger
C
Chainbase
BOME
Book of meme
SUI
Sui
AVAX
Avalanche
OPG
Opengradient
IOTX
Iotex
PHA
Phala network
HYPER
Hyperlane
BAND
Band protocol
PARTI
Particle network
REZ
Renzo
ARKM
Arkham
NEIRO
First neiro on ethereum
TRU
Truefi
D
Dar open network
PEOPLE
Constitutiondao
RLC
Iexec rlc
SOMI
Somnia
BANK
Lorenzo protocol
GIGGLE
Giggle fund
COTI
Coti
IOST
Iost
XAUT
Tether gold
SHIB
Shiba inu
MYRO
Myro
EUL
Euler
GMT
Stepn
EDU
Open campus
KNC
Kyber network
BB
Bouncebit
NEAR
Near protocol
FRAX
Frax (prev. fxs)
AUCTION
Bounce token
TAO
Bittensor
GIGA
Gigachad
MTL
Metal
FIDA
Solana name service
SKL
Skale
SPX
Spx6900
ETHFI
Ether.fi
TRX
Tron
STX
Stacks
CRV
Curve dao token
GNO
Gnosis
ZRO
Layerzero
PYTH
Pyth network
IMX
Immutablex
XTZ
Tezos
MON
Monad
TEL
Telcoin
2Z
Doublezero
CFX
Conflux
KITE
Kite
OP
Optimism
KAIA
Kaia
JASMY
Jasmycoin
ILV
Illuvium
YGG
Yield guild games
WOO
Woo
LISTA
Lista dao
METIS
Metis
WIN
Winklink
CTSI
Cartesi
SIGN
Sign
PROM
Prom
API3
Api3
DOGS
Dogs
BICO
Biconomy
ONE
Harmony
AUDIO
Audius
AIXBT
Aixbt by virtuals
BIGTIME
Big time
CPOOL
Clearpool
SAPIEN
Sapien
BREV
Brevis
ETH
Ethereum
DEXE
Dexe
USDT
Tether
WLFI
World liberty financial
PAXG
Pax gold
UNI
Uniswap
WCT
Walletconnect token
LQTY
Liquity
BLAST
Blast
USUAL
Usual
AEVO
Aevo
CGPT
Chaingpt
PIXEL
Pixels
TNSR
Tensor
NIL
Nillion
MAGIC
Treasure
ASTER
Aster
CETUS
Cetus protocol
EDEN
Openeden
EPIC
Epic chain
ANIME
Animecoin
XAI
Xai
WLD
Worldcoin
ONDO
Ondo
HIPPO
Sudeng
CELR
Celer network
QKC
Quarkchain
F
Synfutures
CHR
Chromia
MNT
Mantle
UXLINK
Uxlink
MYRIA
Myria
PONKE
Ponke
ZKC
Boundless
GOAT
Goatseus maximus
ORDER
Orderly network
JOE
Joe
MIRA
Mira
AAVE
Aave
DOT
Polkadot
NEWT
Newton protocol
C98
Coin98
DIA
Dia
ENSO
Enso
LA
Lagrange
ERA
Caldera
GNS
Gains network
ARPA
Arpa
OPN
Opinion
OG
Og fan token
KAT
Katana
ICP
Internet computer
ALICE
My neighbor alice
ACT
Act i : the ai prophecy
KERNEL
Kerneldao
ACN
Aitech cloud network
HMSTR
Hamster kombat
GUN
Gunz
BANANA
Banana gun
SKY
Sky
ETC
Ethereum classic
PENDLE
Pendle
LDO
Lido dao
FLOKI
Floki
GRT
The graph
FF
Falcon finance
AKT
Akash network
STRK
Starknet
EIGEN
Eigenlayer
CHZ
Chiliz
XPL
Plasma
WIF
Dogwifhat
AXS
Axie infinity
ENS
Ethereum name service
RAY
Raydium
SYRUP
Maple finance
HYPE
Hyperliquid
COMP
Compound
TWT
Trust wallet token
KAITO
Kaito
APE
Apecoin
SAND
The sandbox
NEO
Neo
TRAC
Origintrail
THETA
Theta network
RUNE
Thorchain
FARTCOIN
Fartcoin
MANA
Decentraland
GENIUS
Genius terminal
BAT
Basic attention token
CFG
Centrifuge
AR
Arweave
GRASS
Grass
BTC
Bitcoin
DOGE
Dogecoin
IP
Story
GALA
Gala
STG
Stargate finance
CVX
Convex finance
XEC
Ecash
Perpetual Protocol is a decentralized exchange platform to trade perpetual contracts. Inspired by popular DeFi protocols like Synthetix and Uniswap, Perpetual Protocol uses virtual automated market-makers (vAMM) to offer perpetual future contracts trading to facilitate secure and accessible crypto trading. The network is backed by its native and utility token PERP, a popular crypto that plays a pivotal role in the platform’s ecosystem.
The Perpetual Protocol was founded by Yenfen Weng and Shao-Kang Lee in 2018, experts in the financial and blockchain sector. The project was initially known as ‘Strike,’ but later rebranded itself before the launch of its mainnet in December 2020.
1. Perpetual Protocol is a decentralized exchange (DEX) that permits customers to alternate crypto with as much as 10X leverage, short positions, and coffee slippage.
2. Perpetual Protocol dominates 90% of the DeFi futures market.
3. PERP has a market cap of more than $85 million.
4. Perpetual Protocol’s vAMM is designed simplest for rate discovery, not for spot trade.
5. PERP token: PERP token powers the Perpetual Protocol and has several functions within the ecosystem such as governance and staking.
6. Decentralized: The Perpetual Protocol (PERP) is fully decentralized and enables the non-custodial trading of perpetual contracts, which promotes more user control and the absence of a centralized authority.
7. Low Fees: Perpetual Protocol processes fast transactions at a very low price that promotes adoption. The platform’s trading fees account for 0.1% or less, making it an affordable option for users.
8. Liquidity efficiency: Perpetual Protocol uses a virtually automated market maker (vAMM) to ensure liquidity efficiency and also enables traders to leverage their positions by up to 10x.
PERP has been depreciating, falling below its release price for the first time since January 2021. However, a current rally is being fuelled because it is launching vePERP rewards for token stakes.
If you are looking to buy PERP, you can check out third-party cryptocurrency exchanges like CoinSwitch.
1. The Perpetual Exchange: The exchange uses an automated market maker algorithm to provide liquidity and execute trades.
2. Pools: Users deposit their crypto assets into these pools and earn returns as liquidity providers.
3. PERP token: It serves as the fuel for transactions on the exchange and as a reward for liquidity providers.
4. Community: Perpetual Protocol has an active community of users and developers committed to the development of the protocol.
• There is an insurance fund available.
• Good liquidity.
• Price fluctuations do not affect staked coins.
• Leverage options.
• Unique market maker mechanism.
• One of the advances of Perpetual Protocol is the 10x leverage it offers to traders, allowing greater potential returns.
• Perpetual Protocol offers fast transactions at a low price, with the platform’s trading fees accounting for 0.1% or less.
• Perpetual Protocol (PERP) supports a variety of assets for trading, offering flexibility to users.
• The platform has experienced short crashes in the past.
• Small market share and user base.
• Complex trading mechanisms.
• Like other cryptos, PERP is subject to volatility which can impact its price.
• The concept of perpetual swaps might be too complex for some users. Besides, it is a high-risk derivative product and is not suitable for all traders.
• DeFi platforms are plagued by risks such as bugs and exploits, making Perpetual Protocol (PERP), a DeFi platform, vulnerable to such risks.
1. You can invest and trade PERP with just ₹100.
2. Trade PERP at a nominal fee.
3. Easily manage your transactions and your portfolio.
Perpetual Protocol started in 2018 but was initially known as Strike. However, the platform rebranded with the launch of its mainnet in December 2020. It raised $10.65 million for nearly 25% of the PERP supply. The initial funding for the project came from a seed round that released 6.25 million PERP. In August 2020, a private round led by Multicoin Capital, Alameda Research, and Three Arrows Capital distributed 22.5 million PERP. In September, it launched publicly via a liquidity mining campaign on Balancer, releasing 7.5 million PERP.
Highlight
Perpetual Protocol (PERP) is a decentralized finance platform built on the Ethereum blockchain.
Disclaimer : Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. The information provided in this post is not to be considered as investment/financial advice from CoinSwitch. Any action taken upon the information shall be at user's own risk.
Convert (undefined) to INR
