Latest Perpetual Protocol (PERP) News Update

Deep Dive

1. @CryptoArabic10: Binance delisting shakes PERP holders bearish

"عملة PERP سيتم حذفها من بينانس يوم 12 نوفمبر – فرصة للخروج قبل البامب السريع"
– @CryptoArabic10 (28.3K followers · 1.6M impressions · 2025-10-29 11:08 UTC)
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What this means: Bearish for PERP as Binance’s exit (handling 35% of PERP volume) threatens liquidity. Similar delistings caused 30%+ drops for KDA/FLM.

2. @BreakOut_Expert: Symmetrical triangle hints at 300% rally bullish

"Breakout targets: $0.52 (+180%) → $0.87 (+300%) if $1 resistance breaks"
– @BreakOut_Expert (203K followers · 4.7M impressions · 2025-08-24 05:17 UTC)
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What this means: Bullish technical setup, but RSI at 70.62 (overbought) on 4h charts suggests pullback risk before upward moves.

3. @MR_0FFICIALL: TRON’s SunPerp eyes PERP’s market share mixed

"TRX-based SunPerp offers 100x leverage, 20–30% lower fees than ETH perp DEXs"
– @MR_0FFICIALL (5.4K followers · 327K impressions · 2025-09-19 21:43 UTC)
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What this means: Neutral for PERP – while TRON’s entry validates perp DEX demand, SunPerp’s liquidity could fragment the market.

Conclusion

The consensus on PERP is mixed, balancing bearish exchange exits against bullish technicals and sector growth. Traders are closely watching the $0.276 support level (tested 3x since July) and delisting-related sell pressure through December 12. Monitor Binance’s final PERP withdrawals (deadline: 2026-01-12) for liquidity clues.

Deep Dive

1. Binance Delists PERP (12 November 2025)

Overview:
Binance terminated all PERP trading services (spot, margin, futures) on 12 November 2025, citing low liquidity and regulatory alignment. Deposits ceased on 13 November, withdrawals close by January 2026. PERP dropped 15% post-announcement, now trading 76% below its 2025 high.

What this means:
The delisting removes a critical liquidity pillar, risking reduced visibility and institutional access. While PERP remains tradable on decentralized exchanges, the loss of Binance’s $1.43T daily derivatives volume amplifies sell pressure. Traders now monitor whether other major platforms (e.g., Bybit, KuCoin) retain support. (CryptoPotato)

2. OKX Follows Suit (19 November 2025)

Overview:
OKX phased out PERP/USD and PERP/USDT pairs on 19 and 22 November, aligning with Binance’s risk management stance. The token faced a 9% decline during the delisting window, reflecting diminished speculative interest.

What this means:
Consecutive delistings signal tightening exchange standards for mid-cap DeFi tokens. PERP’s 24-hour volume fell 35% post-OKX exit, underscoring reliance on centralized platforms. The project now hinges on decentralized perpetual DEX adoption to offset CEX attrition. (CoinMarketCap)

3. Chainbase Listing (13 September 2025)

Overview:
PERP was added to Chainbase’s multichain tracking tools in September, enabling cross-chain swaps and portfolio analytics. This followed TRON’s SunPerp integration, which leveraged PERP’s infrastructure for low-fee perpetual trading.

What this means:
While bullish for ecosystem utility, these integrations haven’t countered delisting headwinds. PERP’s TVL on TRON-based SunPerp remains under $50M, highlighting adoption challenges against centralized rivals. (Chainbased)

Conclusion

PERP faces a credibility crisis after Binance and OKX exits, but niche DeFi integrations suggest resilience. With derivatives volume migrating to platforms like SunPerp, can PERP pivot to decentralized liquidity without CEX support? Monitor its 30-day volatility (currently 65%) and TVL trends on TRON for directional cues.

Deep Dive

1. Smart Maker Integration (Q2 2024)

Overview:
Perp v3’s Smart Maker aims to optimize liquidity provisioning through automated strategies, reducing slippage and improving trade execution. This upgrade builds on Perp v3’s isolated margining system, which launched on Optimism in March 2024.

What this means:
This is bullish for PERP as tighter spreads could attract more traders, boosting protocol fees. However, adoption depends on seamless integration with existing DeFi tools.

2. LP Pool Expansion (Q2 2024)

Overview:
The protocol plans to open liquidity pools, allowing users to earn fees by depositing assets. This follows the launch of Nekodex, Perpetual Protocol’s liquidity framework, in April 2024.

What this means:
This is neutral for PERP—while it could increase TVL, competition from established DeFi yield platforms might limit initial traction.

3. Multi-Collateral Support (Q2-Q3 2024)

Overview:
Perp v3 will expand beyond USDT to support assets like ETH and BTC as collateral, aligning with industry trends toward cross-margin flexibility.

What this means:
This is bullish as multi-collateral systems reduce friction for traders, but execution risks (e.g., oracle reliability) could delay implementation.

Conclusion

Perpetual Protocol’s roadmap focuses on enhancing liquidity infrastructure and broadening collateral options, aiming to regain relevance in a competitive perp DEX market. With Binance delisting PERP (effective 12 November 2025), how will the team pivot to decentralized governance and community-driven growth?

Deep Dive

1. Binance Delisting Impact (12 November 2025)

Overview: Binance announced PERP’s delisting due to compliance and liquidity standards, halting all trading pairs and margin services.

This decision follows Binance’s routine asset reviews, emphasizing project viability and regulatory alignment. While PERP remains tradeable on decentralized exchanges, the delisting reduces visibility and liquidity, contributing to a 15% price drop post-announcement.

What this means: This is bearish for PERP because reduced exchange access may limit trader participation and institutional interest. Monitor decentralized platform volumes for resilience. (Source)

2. SunPerp Integration (19 September 2025)

Overview: SunPerp launched on TRON, leveraging USDT liquidity for high-speed perpetual trading with up to 100x leverage.

TRON’s low fees (~$0.01 per transaction) and USDT’s dominance on its chain position SunPerp as a cost-effective alternative to Ethereum-based DEXs. The integration aims to capture derivatives traders migrating from centralized platforms.

What this means: This is neutral for PERP because while it expands the perpetual trading ecosystem, it introduces competition. Track TRON-based TVL growth versus PERP’s existing infrastructure. (Source)

3. Security & Compliance Updates (2025)

Overview: Protocol adjustments include funding rate interval changes (e.g., 8-hour to 4-hour cycles) to align with evolving derivatives regulations.

Exchanges like BloFin modified PERP perpetual contract parameters to enhance risk management, reflecting broader industry shifts toward stability amid regulatory scrutiny.

What this means: This is bullish for PERP long-term as improved compliance could attract cautious institutional capital. Watch for updates on cross-chain audit reports. (Source)

Conclusion

PERP’s recent developments highlight exchange-driven volatility and infrastructure competition rather than core protocol upgrades. While delistings pose short-term risks, integrations like SunPerp suggest enduring demand for decentralized derivatives. How might PERP’s pivot to compliance shape its role in a regulated DeFi landscape?