Cryptocurrencies:  7,533Markets:  31,854Market Cap:  $394,545,837,87624h Vol:  $107,398,109,278BTC Dominance:  62.2%
Market Cap:  $394,545,837,87624h Vol:  $107,398,109,278BTC Dominance:  62.2%Cryptocurrencies:  7,533Markets:  31,854
Perpetual Protocol

Perpetual Protocol (PERP)

$1.11 USD (-3.86%)
0.00008388 BTC (-2.43%)
0.00285642 ETH (-0.59%)
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  • Market Cap
    $16,360,654 USD
    1,235 BTC
    42,065 ETH
  • Volume (24h)
    $333,110 USD
    25.14880772 BTC
    856.45353457 ETH
  • Circulating Supply
    14,726,351 PERP
  • Total Supply
    150,000,000 PERP

About Perpetual Protocol

Perpetual Protocol price today is $1.11 USD with a 24-hour trading volume of $333,110 USD. Perpetual Protocol is down 3.86% in the last 24 hours. The current CoinMarketCap ranking is #381, with a market cap of $16,360,654 USD. It has a circulating supply of 14,726,351 PERP coins and the max. supply is not available. You can find the top exchanges to trade Perpetual Protocol listed on our crypto exchanges page.

Perpetual Protocol was launched in late 2019, originally under the name of Strike Protocol. Perpetual Protocol builds on an Uniswap-inspired automated market maker (AMM) design (constant product curve). Perpetual Protocol’s liquidity pool (k) is virtualized and determined algorithmically. Rather than rely on liquidity providers to determine the curve of a given market, Perpetual Protocol can programmatically set and update the parameters of the virtual AMM (x*y=k) and offer a competitive product for any given market at all times.

The team claims that PERP is the first virtual AMM (vAMM), which enables markets with no makers while still guaranteeing on-chain liquidity. These maker-less markets lowers the capital demands traditional markets require and pave the way for new and emerging futures.

Perpetual Protocol’s Insurance Fund is guaranteed by the holders of its native token, $PERP. The Insurance Fund is used to cover any unexpected losses from leveraged trading. If the Insurance Fund is depleted, Perpetual Protocol will mint more $PERP to refill the Insurance Fund and cover the losses.

$PERP holders can stake their assets to Perpetual Protocol’s staking pool for a fixed period of time. In return, stakers are rewarded with a percentage of the transaction fees accumulated across the protocol in addition to inflationary staking rewards.

As the name suggests, Perpetual Protocol focuses exclusively on perpetual swap contracts. At launch, Perpetual Protocol will support BTC, ETH, and LINK, and can onboard other synthetic assets such as gold, crude oil, or other fiat currencies through governance in the future. Traders can get up to 20X leverage on both long and short positions. Perpetual Protocol is supported by a Decentralized Autonomous Organization (DAO) with a strong presence in Asia. It is not intended for United States residents or citizens.

Perpetual Protocol Price

Perpetual Protocol Price$1.11 USD
Perpetual Protocol ROI
Market Rank#381
Market Cap$16,360,654 USD
24 Hour Volume$333,110 USD
Circulating Supply14,726,351 PERP
Total Supply150,000,000 PERP
Max SupplyNo Data
All Time High
$2.26 USD
(Sep 14, 2020)
All Time Low
$1.01 USD
(Oct 09, 2020)
52 Week High / Low
$2.26 USD /
$1.01 USD
90 Day High / Low
$2.26 USD /
$1.01 USD
30 Day High / Low
$1.36 USD /
$0.971652 USD
7 Day High / Low
$1.17 USD /
$1.11 USD
24 Hour High / Low
$1.17 USD /
$1.11 USD
Yesterday's High / Low
$1.17 USD /
$1.14 USD
Yesterday's Open / Close
$1.16 USD /
$1.15 USD
Yesterday's Change$-0.003589 USD (-0.31%)
Yesterday's Volume$450,806 USD
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