Perpetual

The Perpetual Protocol, announced in 2019, is a trailblazer in the world of decentralized finance (DeFi), aiming to democratize access to advanced trading tools. Traditionally, leveraged derivatives trading was a realm dominated by centralized organizations and affluent individuals. The Perpetual Protocol seeks to dismantle this barrier, making these powerful instruments accessible to all. The Perpetual Protocol offers perpetual swaps, a type of futures contract which has no expiry date, thus allowing traders to hold positions indefinitely. The protocol's native token, PERP, plays a crucial role in the ecosystem, facilitating transactions and serving as a governance token. One of the defining features of the Perpetual Protocol is its use of a Virtual Automated Market Maker (vAMM). This innovative mechanism allows for the creation of a liquidity pool for each trading pair, ensuring efficient price discovery and reducing slippage. The vAMM also enables the protocol to offer up to 10x leverage to traders, a feature that sets it apart from many other DeFi platforms.

Market Cap

$4.98 B

6.75%

Dominance

0.21%

0.0%

24h M.Cap Change

6.75%

24h Change

7d M.Cap Change

6.90%

7d Change

Gainers/Losers

21 (72.41%)

8 (27.59%)


51 INJ 51 Injective	$24.61	5.28%	6.13%	$2.30 B	$50.42 M
63 JUP 63 Jupiter	$1.11	6.96%	11.22%	$1.51 B	$73.47 M
140 DYDX 140 dYdX	$2.21	5.18%	4.75%	$542.63 M	$20.11 M
219 GMX 219 GMX	$32.47	33.47%	36.39%	$311.65 M	$43.23 M
386 GNS 386 Gains Network	$3.38	7.39%	4.00%	$114.83 M	$2.50 M
534 PERP 534 Perpetual Protocol	$1.11	4.08%	12.30%	$73.20 M	$6.18 M
746 KWENTA 746 Kwenta	$83.48	2.42%	-4.53%	$36.05 M	$31,508.70
757 MCB 757 MUX Protocol	$9.12	0.70%	3.67%	$34.85 M	$83,663.99
760 RBX 760 RabbitX	$0.08775	4.25%	-2.98%	$34.72 M	$111,765.45
987 FUL 987 Fulcrom	$0.01045	-1.09%	-12.65%	$18.65 M	$19,227.84
1629 LVL 1629 Level	$0.2098	1.03%	-11.29%	$3.63 M	$30,726.31
2002 PRY 2002 Perpy Finance	$0.00278	-0.14%	-22.74%	$1.53 M	$85,250.58
2013 UND 2013 Unstoppable DeFi	$0.04869	1.48%	1.45%	$1.46 M	$551.49
2219 NFI 2219 NetherFi	$0.00323	-2.90%	-5.33%	$869,880.29	$225.37
2562 DIP 2562 DIP Exchange	$0.00166	0.49%	-6.83%	$354,602.66	$58.74
2677 ZKE 2677 zkEra Finance	$0.1529	-0.29%	2.10%	$256,944.97	$378.91
4210 FST 4210 Futureswap	$0.02517	-4.85%	-2.28%	--	$19,677.78
7263 MMY 7263 Mummy Finance	$0.6342	7.80%	11.40%	--	$887.92
7650 UNW 7650 Uniwhale	$0.00522	-4.57%	-0.07%	--	$313.44
7703 LION 7703 LionDEX	$0.00161	0.56%	-10.66%	--	$16.18
7754 LEX 7754 LEXER Markets	$0.00275	1.76%	1.23%	--	$9.84
8049 PIKA 8049 Pika Protocol	$0.4954	1.85%	1.54%	--	$318.58
8221 DPEX 8221 DPEX	$0.000106	2.35%	-22.19%	--	$289.36
8384 HMX 8384 HMX	$6.80	-0.28%	3.16%	--	$56,476.06
9206 JLP 9206 Jupiter Perps LP	$2.72	2.26%	5.02%	--	$13.97 M
10678 CYF 10678 Cyclefi Protocol	$0.0₁₄3	-57.14%	-99.73%	--	$3,923.75
11382 EFT 11382 Everflow Token	$0.000018	1.32%	-21.31%	--	$50.62
11398 ZEEP 11398 Zeepr	$0.0000063	1.61%	-13.70%	--	$3,871.16
12126 EMDX 12126 EMDX	$0.01816	4.71%	5.78%	--	$23.41