The Modern Financial Data Platform

Subscribe for $2
Analyse
Profile
Perpetual Protocol Stock

Perpetual Protocol

PERP

Price

0.16
Today +/-
+0
Today %
+0 %

Perpetual Protocol Whitepaper

  • Simple

  • Expanded

  • Experte

Börse Marktpaar Preis +2% Tiefe -2% Tiefe Volumen (24H) Volumen % Typ Liquiditätsbewertung Aktualität
BinancePERP/USDT0.2588,139.6285,065.274.07 M0.03cex5427/9/2025, 6:23 AM
MEXCPERP/USDT0.2551,541.2264,598.091.29 M0.05cex4877/9/2025, 6:18 AM
XXKKPERP/USDT0.2548,921.9346,687.521.27 M0.09cex847/9/2025, 6:21 AM
HTXPERP/USDT0.255,528.284,353.431.2 M0.06cex3617/9/2025, 6:23 AM
CoinWPERP/USDT0.256,789.014,364.91.11 M0.05cex2957/9/2025, 6:21 AM
LBankPERP/USDT0.2533,790.9625,903.28940,025.460.05cex4007/9/2025, 6:21 AM
GatePERP/USDT0.2526,791.8323,722.65922,380.890.04cex4407/9/2025, 6:23 AM
OKXPERP/USDT0.2538,493.2223,939.85900,067.570.06cex4577/9/2025, 6:23 AM
BITmarketsPERP/USD0.2515,547.1919,430.97815,636.110.15cex227/9/2025, 6:21 AM
B2Z ExchangePERP/USD0.2540,724.6112,511.96815,636.110.15cex17/9/2025, 6:21 AM
1
2
3
4
5
...
9

Perpetual Protocol FAQ

**What is Perpetual Protocol (PERP)?**

Perpetual Protocol is a decentralized exchange (DEX) specializing in futures on Ethereum and xDai. It allows traders to take long or short positions with up to 10X leverage on a range of assets, including BTC, ETH, DOT, SNX, YFI, and others. Trading on Perpetual Protocol is non-custodial, ensuring that traders maintain ownership of their assets, and all transactions occur on-chain. The platform employs a virtual automated market maker (vAMM) to provide on-chain liquidity, utilizing predictable pricing established by constant product curves. The vAMMs are specifically designed to be market-neutral and fully collateralized. Perpetual Protocol aims to establish itself as the premier, most accessible, and secure decentralized derivatives trading platform globally. By integrating with other DeFi projects and encouraging development on its own platform, Perpetual Protocol embodies the “DeFi money lego” philosophy. Having achieved several key milestones in its development roadmap, such as launching staking pools and implementing limit and stop-orders, Perpetual Protocol is set to expand to additional blockchain networks, introduce leveraged tokens, and activate dynamic liquidity in its pools.

### Who Are the Founders of Perpetual Protocol? The founders of Perpetual Protocol are Yenwen Feng and Shao-Kang Lee. These individuals have played pivotal roles in establishing the vision and strategic direction of the project. For more detailed information about the founders and their contributions, you can find relevant data on Eulerpool.

Perpetual Protocol was founded by Yenfen Weng and Shao-Kang Lee, Taiwanese entrepreneurs with a background in establishing payroll and accounting firms for cryptocurrency startups. The majority of the team operates out of Taiwan. Perpetual Protocol has garnered support from numerous esteemed investors, including Zee Prime Capital, Multiarrows Capital, CMS Holdings, Binance Labs, and Alameda Research, which is a strategic partner of FTX. Leveraging this support, the company successfully completed a seed funding round led by Multicoin Capital, securing $1.8 million in 2020.

What Distinguishes Perpetual Protocol?

Perpetual Protocol aims to establish a trading platform for perpetual contracts that is accessible to all users. To achieve this, it is essential for users to trade with robust liquidity and minimal slippage. Perpetual Protocol addresses this challenge through its virtual Automated Market Maker (vAMM) solution. Unlike the conventional order book model used by centralized exchanges, Perpetual Protocol allows traders to operate against a vAMM, with its initial liquidity being predetermined by the operator. For example, if the operator configures the vAMM’s liquidity at 100 vETH to 40,000 vDAI, an individual depositing DAI to take a long position on ETH would drive up the ETH price, incentivizing short positions on vETH if the price diverges from market rates. Traders opting to short vETH would also deposit DAI as collateral, thereby restoring the vETH price to its equilibrium. Liquidity swaps are unnecessary, as the vAMM keeps track of all trades and automatically achieves equilibrium over time. In practice, all transactions on Perpetual Protocol are settled in USDC. By utilizing the vAMM model and constructing the exchange on xDai, Perpetual Protocol offers traders the advantage of on-chain trading with no fees and immediate settlement. Additionally, the protocol facilitates gas-free deposits exceeding 500 USDC, enabling traders to deposit funds even with an empty ETH wallet. For more detailed information on Perpetual Protocol, you can refer to Eulerpool.

What is the Circulating Supply of Perpetual Protocol (PERP) Coins?

The total supply of PERP is 150 million, with the current circulating supply amounting to 68.7 million. The token distribution is as follows: - 7.5% allocated to the Balancer Liquidity Bootstrapping Pool (LBP). - 4.2% reserved for seed investors, with 20% unlocked at mainnet launch and an additional 20% unlocked every three months thereafter. - 15% designated for strategic investors, with 20% unlocked at mainnet launch and an additional 20% unlocked every three months. - 21% allocated to the team and advisors, distributed at a rate of 2.1% per three-month period beginning six months post mainnet launch. - 54.8% dedicated to ecosystem and rewards, with the distribution of ecosystem rewards determined by the Perpetual Protocol community. PERP is a utility token that serves to incentivize and facilitate the decentralized governance of the protocol. The token feedback loop operates as follows: 1. Staking rewards and trading fee rewards increase. 2. The value of the PERP token rises. 3. Awareness of the PERP token heightens. 4. Awareness of the protocol grows. 5. Trading volume escalates. 6. Trading fees increase. 7. The cycle repeats.

How is the Perpetual Protocol Network Secured?

Perpetual Protocol has undergone audits by Consensys and Peckshield. The protocol operates under community governance and offers a bounty program for developers who identify bugs within the smart contracts. The network operates on xDai, while the PERP token is an ERC-20 token on the Ethereum blockchain. ERC-20 is a token standard that most new tokens adhere to when launched on the Ethereum blockchain. Ethereum is among the most popular blockchains for DAOs and is secured via a proof-of-work consensus mechanism that requires miners to generate new Ether. A collection of decentralized nodes validates transactions and ensures the security of the Ethereum blockchain. Perpetual Protocol employs Chainlink as an oracle for funding rate calculations but does not possess an on-chain oracle as a price engine. This prevents the use of flash loans to manipulate the prices of underlying assets and exploit Perpetual within the same transaction.

Where Can You Acquire Perpetual Protocol (PERP)?

PERP is available on UniSwapV2, Binance, Kraken, and Gate.io.

Investors interested in Perpetual Protocol are also interested in these Cryptos

This list presents a carefully selected selection of Cryptos that might be of interest to investors. We have our own crypto analyses for all listed Cryptos on Eulerpool.

Beginnings and the Rise of Cryptocurrencies

The history of cryptocurrencies began in 2008 when an individual or group using the pseudonym Satoshi Nakamoto published the whitepaper "Bitcoin: A Peer-to-Peer Electronic Cash System." This document laid the foundation for the first cryptocurrency, Bitcoin. Bitcoin utilized a decentralized technology known as blockchain to enable transactions without the need for a central authority.

In January 2009, the Bitcoin network commenced with the mining of the Genesis Block. Initially, Bitcoin was more of an experimental project for a small group of enthusiasts. The first known commercial purchase using Bitcoins occurred in 2010, when someone spent 10,000 Bitcoins on two pizzas. At that time, the value of one Bitcoin was just fractions of a cent.

The development of other cryptocurrencies

Following the success of Bitcoin, other cryptocurrencies soon emerged. These new digital currencies, often referred to as "Altcoins," sought to use and improve blockchain technology in various ways. Some of the most well-known early Altcoins include Litecoin (LTC), Ripple (XRP), and Ethereum (ETH). Ethereum, founded by Vitalik Buterin, was particularly distinct from Bitcoin, as it enabled the creation of smart contracts and decentralized applications (DApps).

Market Growth and Volatility

The cryptocurrency market grew rapidly, and with it public attention. The value of Bitcoin and other cryptocurrencies experienced extreme fluctuations. Highlights such as the end of 2017, when the Bitcoin price nearly reached 20,000 US dollars, alternated with sharp market crashes. This volatility attracted both investors and speculators.

Regulatory Challenges and Acceptance

As the popularity of cryptocurrencies rose, governments around the world began to grapple with the regulation of this new asset class. Some countries adopted a friendly stance and encouraged the development of crypto technologies, while others introduced strict regulations or outright banned cryptocurrencies. Despite these challenges, the acceptance of cryptocurrencies in the mainstream has steadily increased, with companies and financial institutions starting to adopt them.

Recent Developments and the Future

In recent years, developments such as DeFi (Decentralized Finance) and NFTs (Non-Fungible Tokens) have broadened the range of possibilities offered by blockchain technology. DeFi enables complex financial transactions without traditional financial institutions, while NFTs allow for the tokenization of artwork and other unique items.

The future of cryptocurrencies remains exciting and uncertain. Questions about scalability, regulation, and market penetration remain open. Nevertheless, interest in cryptocurrencies and the underlying blockchain technology is stronger than ever, and their role in the global economy is expected to continue growing.

Advantages of Investing in Cryptocurrencies

1. High Return Potential

Cryptocurrencies are known for their high potential returns. Investors who got in early on projects like Bitcoin or Ethereum have made substantial gains. This high return makes cryptocurrencies an attractive investment opportunity for risk-seeking investors.

2. Independence from Traditional Financial Systems

Cryptocurrencies offer an alternative to the traditional financial system. They are not bound to the policies of a central bank, making them an attractive hedge against inflation and economic instability.

3. Innovation and Technological Development

Investing in cryptocurrencies also means investing in new technologies. Blockchain, the technology behind many cryptocurrencies, has the potential to revolutionize numerous industries, from financial services to supply chain management.

4. Liquidity

Cryptocurrency markets operate around the clock, which means high liquidity. Investors can buy and sell their assets at any time, which is a clear advantage compared to traditional markets that are tied to opening hours.

Disadvantages of Investing in Cryptocurrencies

1. High Volatility

Cryptocurrencies are known for their extreme volatility. The value of cryptocurrencies can rise or fall quickly and unpredictably, posing a high risk to investors.

2. Regulatory Uncertainty

The regulatory landscape for cryptocurrencies is still emerging and varies greatly from country to country. This uncertainty can lead to risks, especially when new laws and regulations are introduced.

3. Security Risks

While blockchain technology is considered very secure, there are risks associated with the storage and exchange of cryptocurrencies. Hacks and fraud are not uncommon in the crypto world, which requires additional precautions.

4. Lack of Understanding and Acceptance

Many people do not fully understand cryptocurrencies and the underlying technology. This lack of understanding can lead to misguided investments. Additionally, the acceptance of cryptocurrencies as a means of payment is still limited.