PERP (Perpetual Protocol)
Perpetual Protocol (PERP) is a cryptocurrency that underpins a decentralized exchange dedicated to perpetual contracts. These contracts allow users to speculate on the future prices of assets like Bitcoin, Ethereum, or Polkadot indefinitely, as they lack an expiry date. Perpetual Protocol employs a virtual automated market maker (vAMM) to ensure on-chain liquidity and stable pricing for traders. Users can leverage their positions up to 10x, either long or short, or they can choose to provide liquidity and earn a portion of trading fees. PERP also serves as a governance token, granting its holders voting rights on protocol decisions and a share of fee revenues. It's an ERC-20 token on the Ethereum blockchain. For further details, visit the official website or consult the whitepaper.
Available cryptocurrency pairs
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