Perpetual Protocol

The introduction of the Mark Price is an important upgrade that will help improve the fairness and stability of perpetual contract trading on our platform. These design changes make trading more accessible and user-friendly for traders of all levels, while still maintaining the high standards of reliability and security that Perp is known for.By providing a more accurate and reliable reference price for the settlement of perpetual contracts, the Mark Price will help reduce the risk of price manipulation as well as the likelihood of bad debts and liquidations.Finally, we want to remind users that since the calculation of margin requirements will change, please make sure your account leverage is at a healthy level (i.e., a margin ratio well above 10%) before the contract upgrade, which is scheduled to take place on March 14th. Please watch the announcement channels in our Discord for the latest updates.Learn more about this update in our latest blog post: <a href="https://perpprotocol.mirror.xyz/WRM9gzmceUa_f2FGNhf4-QtcKm2D_l9yUGEmaLapMZg" rel="noopener noreferrer nofollow">https://perpprotocol.mirror.xyz/WRM9gzmceUa_f2FGNhf4-QtcKm2D_l9yUGEmaLapMZg</a>

Introducing Mark Price: A Fairer Reference Price for Margin Requirements

Perpetual Protocol

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