What is Perpetual Protocol?

Perpetual Protocol is a groundbreaking decentralized finance (DeFi) platform that offers users the ability to trade derivative contracts without relying on financial intermediaries. Central to the platform's mechanics is the utilization of a virtual automated market maker (vAMM) and a collateralization vault, enabling users to engage with complex financial instruments, notably perpetual contracts. Unlike futures contracts, these perpetual contracts have no set expiry date, offering traders a unique avenue for speculation and hedging.

Who Created Perpetual Protocol?

Perpetual Protocol is the brainchild of Yenwen Feng and Shao-Kang. Both hail from Taiwan and have combined their expertise to craft a platform poised to redefine the DeFi landscape.

What is $PERP Used For?

$PERP, the native token of the Perpetual Protocol ecosystem, holds multifaceted roles, instrumental in shaping the platform's operations: **Staking:** By staking $PERP, users not only secure the marketplace but also earn rewards, promoting a healthy and active ecosystem. **Governance:** Token holders wield the power of governance, using their $PERP holdings to guide the platform's future directions and decisions. **Insurance:** An integral part of $PERP's functionality that wasn't originally emphasized, the token also finds application in insurance-related tasks within the ecosystem, bolstering the platform's risk management strategies. It's noteworthy to mention that, while $PERP offers a plethora of utilities, transaction fees on the Perpetual Protocol are settled in USDC, not in $PERP.

Perpetual Protocol (PERP) Mercati

#	Strumento	Borsa	Punteggio di Riferimento	Prezzo	Variazione 24h	Volume 24h	Scambi 24h	Apertura 24h	Massimo 24h
1	PERP-USD PERP-USD	coinbase	AA	0.02029USD	6,28%	3.460.870,43PERP	499	0.01910USD	0.02180USD
2	PERP-USDT PERP_USDT	gateio	A	0.01995USDT	5,90%	256.251,00PERP	159	0.01883USDT	0.02175USDT
3	PERP-USD PERPUSD	kraken	AA	0.02000USD	4,71%	139.016,17PERP	88	0.01910USD	0.02310USD
4	PERP-EUR PERPEUR	kraken	AA	0.01799EUR	5,88%	50.263,38PERP	19	0.01700EUR	0.01940EUR
5	PERP-EUR PERPEUR	bit2me	B	0.01750EUR	2,94%	50.263,38PERP	19	0.01700EUR	0.01940EUR
6	PERP-THB THB_PERP	bitkub	C	0.6944THB	5,47%	12.354,28PERP	10	0.6584THB	0.6944THB
7	PERP-KRW perp_krw	korbit	C	31,01KRW	0,00%	0PERP	0	31,01KRW	31,01KRW
8	PERP-BTC PERPBTC	hitbtc	E	0.0₆3200BTC	0,00%	0PERP	0	0.0₆3200BTC	0.0₆3200BTC
9	PERP-USDT PERPUSDT	latoken	D	0.02025USDT	0,00%	0PERP	0	0.02025USDT	0.02025USDT
10	PERP-USDT PERPUSDT	hitbtc	E	0.02221USDT	0,00%	0PERP	0	0.02221USDT	0.02221USDT
11	PERP-USDT PERP_USDT	poloniex	C	0.01840USDT	0,00%	0PERP	0	0.01840USDT	0.01840USDT