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How to Buy Perpetual Protocol
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PERP is an Ethereum token that powers Perpetual Protocol, a decentralized exchange for perpetual contracts. Using perpetual contracts, users can open leveraged long or short trading positions for a variety of assets.
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Buyer Ratio
Traders
55
7.84%
Buyers
21
5%
Sellers
36
16.13%
Searched
101
Market Stats
Market Cap
ARS 19.73B
FDV
ARS 44.83B
Circ. Supply
66M PERP
Max Supply
Not enough data
Total Supply
150M PERP
Performance
Popularity
#917
Dominance
0%
Volume (24H)
ARS 7.83B
39.39%
Volume (7D)
ARS 51.11B
Volume (30D)
ARS 230.43B
All time high
ARS 29.44K
Price Change (1Y)
-72.9%
The latest PERP price is ARS 298.38. Compared to Perpetual Protocol's value of ARS 278.64 from 24 hours ago, there's been a 4% increase, while the current price is -1% down from ARS 292.91 which was recorded one week ago. Perpetual Protocol's all time high is ARS 29,439.28, which was reached on August 30, 2021. This is a -99% change from its price today.
The market cap is currently ARS 19.73B, which is a result of multiplying the current price of Perpetual Protocol(ARS 298.38) by the total supply(150,000,000 PERP). The fully diluted valuation of Perpetual Protocol is ARS 44.83B. The diluted valuation of Perpetual Protocol is ARS 44.83B.
PERP vs markets
↘ 80.14%
PERP vs BTC
↘ 83.31%
PERP vs ETH
↘ 64.57%
Tags
decentralized-exchange-dex-token
defi
derivatives
scaling
+1
Network | Address | |
---|---|---|
Ethereum | 0xbC396689893D065F41bc2C6EcbeE5e0085233447 | |
Solana | 9BsnSWDPfbusseZfnXyZ3un14CyPMZYvsKjWY3Y8Gbqn | |
Gnosis | 0x7ecF26cd9A36990b8ea477853663092333f59979 | |
Arbitrum | 0x753D224bCf9AAFaCD81558c32341416df61D3DAC |
Time | Price | Change |
---|---|---|
Today | ARS 298.38 | ↗ 4.37% |
1 Day | ARS 278.64 | ↗ 4.37% |
1 Week | ARS 292.91 | ↘ 0.71% |
1 Month | ARS 381.48 | ↘ 23.10% |
1 Year | ARS 661.28 | ↘ 72.90% |
Perpetual Protocol (PERP) is a decentralized exchange (DEX) that operates on Ethereum and xDai. It enables users to interact with a variety of assets, including BTC, ETH, DOT, SNX, YFI, and others, with up to 10X leverage. The interaction process is non-custodial, meaning users maintain possession of their assets throughout the process. Perpetual Protocol employs a virtual automated market maker (vAMM) to aim for on-chain liquidity with predictable pricing. The platform aims to create a highly accessible decentralized derivatives platform.
Perpetual Protocol operates using a unique vAMM solution, which deviates from the traditional order book model of centralized exchanges. Instead, users interact with a virtual automated market maker, whose initial liquidity is set by the operator. This system aims to provide liquidity and low slippage. For example, if a user interacts with DAI to go long on ETH, the price of ETH would increase, creating an incentive to go short on vETH if the price is out of line with market prices. All interactions on Perpetual Protocol are settled in USDC, and the platform supports gas-free transactions over 500 USDC.
Perpetual Protocol aims to provide a platform for perpetual contracts interaction that is accessible to all users. It seeks to provide liquidity and low slippage, making it a potential option for users. The platform's vAMM model and its construction on xDai allow for on-chain interaction without fees and instant settlement. Additionally, Perpetual Protocol supports gas-free transactions over 500 USDC, enabling users to interact with 0 ETH in their wallets. The PERP token, which is a utility token, incentivizes and facilitates the decentralized governance of the protocol.
Perpetual Protocol was launched by Yenfen Weng and Shao-Kang Lee, two Taiwanese cryptocurrency entrepreneurs. The team is primarily based in Taiwan and has received backing from reputable investors such as Zee Prime Capital, Multiarrows Capital, CMS Holdings, Binance Labs, and Alameda Research. The company successfully raised $1.8M in 2020. The platform has achieved several milestones, including the initiation of staking pools and the implementation of limit and stop-orders. It aims to interact with other chains, introduce leveraged tokens, and initiate dynamic liquidity in its pools.
We update our Perpetual Protocol to ARS currency in real-time. Get the live price of Perpetual Protocol on Coinbase.
The current market cap of Perpetual Protocol is ARS 19.73B. A high market cap implies that the asset is highly valued by the market.
The all-time high of Perpetual Protocol is ARS 29,439.28. This all-time high is highest price paid for Perpetual Protocol since it was launched.
Over the last 24 hours, the trading volume of Perpetual Protocol is ARS 7.83B.
Assets that have a similar market cap to Perpetual Protocol include Contentos, ROGin AI, Namecoin, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of Perpetual Protocol is 66 million.
Perpetual Protocol ranks 233 among tradable assets on Coinbase. Popularity is currently based on relative market cap.
Currently, 88% of Coinbase users are buying Perpetual Protocol. In other words, 88% of Coinbase customers have increased their net position in Perpetual Protocol over the past 24 hours through trading.
Yes, Perpetual Protocol is currently available on Coinbase’s centralized exchange. For more detailed instructions, check out our helpful how to buy Perpetual Protocol guide.
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Terms apply. Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
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