×
×
Cryptocurrencies:  7,816Markets:  33,548Market Cap:  $578,287,946,16124h Vol:  $188,193,786,918BTC Dominance:  62.6%
Perpetual Protocol

Perpetual Protocol (PERP)

$1.09 USD (-2.46%)
0.00005581 BTC (-9.49%)
0.00180441 ETH (-10.56%)
Buy
Exchange
Gamble
Earn Crypto
  • Market Cap
    $16,425,532 USD
    839.11404403 BTC
    27,130 ETH
  • Volume (24h)
    $1,071,842 USD
    54.75605541 BTC
    1,770 ETH
  • Circulating Supply
    15,035,140 PERP
  • Total Supply
    150,000,000 PERP

About Perpetual Protocol

Perpetual Protocol price today is $1.09 USD with a 24-hour trading volume of $1,071,842 USD. Perpetual Protocol is down 2.46% in the last 24 hours. The current CoinMarketCap ranking is #407, with a market cap of $16,425,532 USD. It has a circulating supply of 15,035,140 PERP coins and the max. supply is not available. The top exchanges for trading in Perpetual Protocol are currently Bibox, BKEX, Hoo, MXC.COM, and Uniswap (V2). You can find others 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 Today
Perpetual Protocol Price$1.09 USD
24 Hour High / Low
$1.14 USD /
$1.08 USD
24 Hour Volume$1,071,842 USD
Market Cap$16,425,532 USD
Market Rank#407
Yesterday's Perpetual Protocol Price
Yesterday's High / Low
$1.14 USD /
$1.09 USD
Yesterday's Open / Close
$1.12 USD /
$1.12 USD
Yesterday's Change$0.000173 USD (0.02%)
Yesterday's Volume$1,072,770 USD
Historic Perpetual Protocol Price
7 Day High / Low
$1.17 USD /
$1.02 USD
30 Day High / Low
$1.17 USD /
$0.655250 USD
90 Day High / Low
$2.26 USD /
$0.655250 USD
52 Week High / Low
$2.26 USD /
$0.655250 USD
All Time High
$2.26 USD
(Sep 14, 2020)
All Time Low
$0.655250 USD
(Nov 19, 2020)
Perpetual Protocol ROI
-43.08%
Perpetual Protocol Supply Details
Circulating Supply15,035,140 PERP
Total Supply150,000,000 PERP
Max SupplyNo Data
Sign up for our newsletter
Get crypto analysis, news and updates, right to your inbox! Sign up here so you don't miss a single one.