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

$5.00 B

-9.16%

Dominance

0.21%

0.0%

24h M.Cap Change

-9.16%

24h Change

7d M.Cap Change

-0.91%

7d Change

Gainers/Losers

4 (13.33%)

26 (86.67%)


47 INJ 47 Injective	$26.05	-7.77%	-2.56%	$2.43 B	$84.50 M
66 JUP 66 Jupiter	$1.02	-12.77%	7.37%	$1.39 B	$97.78 M
123 DYDX 123 dYdX	$2.19	-7.38%	1.03%	$609.54 M	$40.77 M
233 GMX 233 GMX	$27.06	-3.93%	-5.55%	$254.56 M	$11.68 M
391 GNS 391 Gains Network	$3.39	-6.08%	1.00%	$113.75 M	$2.75 M
544 PERP 544 Perpetual Protocol	$1.06	-6.15%	3.62%	$69.76 M	$5.99 M
691 KWENTA 691 Kwenta	$100.50	-7.04%	-6.88%	$43.66 M	$53,727.06
750 MCB 750 MUX Protocol	$9.11	-6.90%	9.74%	$36.72 M	$147,930.26
818 RBX 818 RabbitX	$0.08132	-8.03%	16.33%	$29.67 M	$238,226.59
959 FUL 959 Fulcrom	$0.01141	1.27%	11.40%	$20.16 M	$15,461.26
1546 LVL 1546 Level	$0.243	0.35%	11.10%	$4.19 M	$66,911.37
1870 PRY 1870 Perpy Finance	$0.004013	-3.81%	1.93%	$1.88 M	$88,938.36
1960 UND 1960 Unstoppable DeFi	$0.0506	-4.02%	3.20%	$1.52 M	$2,564.07
2021 NFI 2021 NetherFi	$0.00476	12.66%	-1.15%	$1.28 M	$21,605.85
2232 DIP 2232 DIP Exchange	$0.00363	75.09%	58.36%	$739,534.50	$3,411.81
2545 ZKE 2545 zkEra Finance	$0.1759	-4.04%	18.60%	$304,340.89	$439.14
3093 EDE 3093 El Dorado Exchange (Arb)	$0.00476	-3.62%	-10.50%	$28,528.94	$1.07
4079 FST 4079 Futureswap	$0.0277	-5.34%	4.20%	--	$18,881.30
7298 MMY 7298 Mummy Finance	$0.5812	-7.02%	0.80%	--	$5,426.15
7698 UNW 7698 Uniwhale	$0.00624	2.28%	12.48%	--	$421.52
7752 LION 7752 LionDEX	$0.00179	-0.86%	1.92%	--	$17.23
7807 LEX 7807 LEXER Markets	$0.00297	-4.25%	1.80%	--	$290.68
8124 PIKA 8124 Pika Protocol	$0.507	-4.61%	3.00%	--	$2,268.60
8299 DPEX 8299 DPEX	$0.000149	-5.16%	20.13%	--	$139.28
8457 HMX 8457 HMX	$6.83	-7.79%	7.57%	--	$126,784.57
9294 JLP 9294 Jupiter Perps LP	$2.61	0.00%	3.98%	--	$20.48 M
10786 CYF 10786 Cyclefi Protocol	$0.0₉33	-44.07%	-98.90%	--	$1,747.58
11524 EFT 11524 Everflow Token	$0.000018	-36.59%	-68.10%	--	$3,978.69
11543 ZEEP 11543 Zeepr	$0.0000069	-10.39%	-18.82%	--	$8,745.13
12326 EMDX 12326 EMDX	$0.0234	--	--	--	$227.09