Kap. Rynk.: $3.07 T -0.14%Wol. 24h: $248.24 B 10.54%BTC: $90,560.00 -0.50%ETH: $3,111.51 -2.09%S&P 500: $5,871.45 0.00%Złoto: $2,562.85 0.00%Dominacja BTC: 58.45%
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.
