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M. Cap$2.28 T -1.86%24h Vol$108.22 B -35.99%BTC$62,372.73 -1.27%ETH$3,027.01 -1.63%S&P 500$5,051.38 -0.21%Gold$2,381.62 0.34%BTC Dominance53.60%

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.

7d Chart
INJ
46
Injective
$24.67-1.14%-23.90%$2.28 B$110.03 M
JUP
67
Jupiter
$0.9377-3.76%-26.35%$1.25 B$101.44 M
DYDX
127
dYdX
$2.05-4.35%-31.10%$565.35 M$40.88 M
GMX
221
GMX
$28.01-5.09%-25.09%$262.69 M$13.44 M
GNS
387
Gains Network
$3.25-3.09%-27.74%$108.92 M$1.68 M
PERP
532
Perpetual Protocol
$1.00-3.28%-27.07%$65.55 M$5.38 M
KWENTA
636
Kwenta
$109.63-5.16%-15.50%$47.48 M$54,507.76
MCB
730
MUX Protocol
$9.37-0.39%-23.18%$35.77 M$56,354.37
RBX
787
RabbitX
$0.0834638.29%-13.11%$30.41 M$275,651.91
FUL
940
Fulcrom
$0.011-8.86%-8.13%$19.38 M$60,693.05
LVL
1569
Level
$0.25020.14%-22.39%$3.55 M$56,836.49
PRY
1815
Perpy Finance
$0.0040440.63%-4.72%$1.91 M$92,759.81
UND
1911
Unstoppable DeFi
$0.04972-0.28%-13.06%$1.49 M$19.30
NFI
1977
NetherFi
$0.00476-1.59%-13.93%$1.28 M$1,864.28
DIP
2330
DIP Exchange
$0.0023-1.39%-14.18%$456,176.52$53.04
ZKE
2488
zkEra Finance
$0.1534-10.60%-36.87%$281,552.67$2,030.04
FST
4032
Futureswap
$0.02823-2.75%-19.19%--$11,192.60
MMY
7274
Mummy Finance
$0.58278.46%-32.20%--$1,337.77
UNW
7674
Uniwhale
$0.00549-0.52%-14.56%--$96.70
LION
7728
LionDEX
$0.00174-1.45%-14.06%--$44.63
LEX
7778
LEXER Markets
$0.00291-1.69%-13.88%--$372.59
PIKA
8088
Pika Protocol
$0.4936-1.41%-13.42%--$2,061.68
DPEX
8265
DPEX
$0.000129-4.23%-10.53%--$34.14
HMX
8420
HMX
$6.19-3.84%-21.40%--$57,401.32
JLP
9273
Jupiter Perps LP
$2.47-1.19%0.81%--$33.04 M
CYF
10840
Cyclefi Protocol
$0.0₆110.00%-93.53%--$1,732.35
EFT
11620
Everflow Token
$0.0000567.42%-26.11%--$608.49
ZEEP
11639
Zeepr
$0.0000087-8.42%-43.51%--$8,359.59