Perpetual

The Perpetual Protocol, announced in 2019, is a trailblazer in the world of decentralized finance (DeFi), aiming to democratize access to advanced trading tools. Traditionally, leveraged derivatives trading was a realm dominated by centralized organizations and affluent individuals. The Perpetual Protocol seeks to dismantle this barrier, making these powerful instruments accessible to all. The Perpetual Protocol offers perpetual swaps, a type of futures contract which has no expiry date, thus allowing traders to hold positions indefinitely. The protocol's native token, PERP, plays a crucial role in the ecosystem, facilitating transactions and serving as a governance token. One of the defining features of the Perpetual Protocol is its use of a Virtual Automated Market Maker (vAMM). This innovative mechanism allows for the creation of a liquidity pool for each trading pair, ensuring efficient price discovery and reducing slippage. The vAMM also enables the protocol to offer up to 10x leverage to traders, a feature that sets it apart from many other DeFi platforms.

Market Cap

$14.26 B

2.71%

Dominance

0.00%

0.0%

24h M.Cap Change

2.71%

24h Change

7d M.Cap Change

5.43%

7d Change

Gainers/Losers

19 (67.86%)

9 (32.14%)


7 HYPE 7 Hyperliquid	$35.94	3.50%	8.75%	62.71%	$12.00 B	$35.94 B	$124.39 M
47 JUP 47 Jupiter	$0.4696	2.79%	-10.52%	2.12%	$1.39 B	$3.30 B	$24.65 M
125 DYDX 125 dYdX	$0.5384	1.07%	-1.47%	-11.67%	$423.16 M	$483.21 M	$9.28 M
231 GMX 231 GMX	$15.91	-4.84%	-27.74%	-0.38%	$169.30 M	$169.30 M	$4.67 M
244 DRIFT 244 Drift Protocol	$0.4896	0.36%	-17.86%	-25.16%	$148.26 M	$489.40 M	$21.04 M
597 GNS 597 Gains Network	$1.16	0.33%	2.48%	-11.62%	$34.26 M	$34.26 M	$570,378.23
736 ORDER 736 Orderly Network	$0.08186	1.20%	-4.87%	-20.38%	$22.02 M	$81.86 M	$4.16 M
770 F 770 SynFutures	$0.0104	3.02%	-6.90%	-9.35%	$20.01 M	$104.00 M	$2.66 M
794 PERP 794 Perpetual Protocol	$0.2481	-1.59%	0.30%	-23.58%	$18.02 M	$37.23 M	$3.43 M
860 FUL 860 Fulcrom	$0.006715	-0.89%	-4.45%	7.49%	$14.10 M	$134.30 M	$11,160.62
1017 MCB 1017 MUX Protocol	$2.29	-2.55%	0.88%	11.71%	$8.75 M	$11.00 M	$2,762.89
1214 KWENTA 1214 Kwenta	$11.76	0.25%	2.51%	14.38%	$5.08 M	$7.14 M	$633.09
1265 TANGO 1265 Contango	$0.01889	-1.60%	-12.77%	-23.19%	$4.45 M	$18.89 M	$6,044.25
1494 RBX 1494 RabbitX	$0.004769	-1.35%	-21.68%	-5.26%	$2.88 M	$4.77 M	$142,190.00
1781 CYB 1781 Cyberperp	$0.8407	1.87%	-11.87%	-42.95%	$1.60 M	$8.41 M	$2,515.25
1827 LOGX 1827 LogX Network	$0.01111	-0.25%	-3.23%	5.28%	$1.44 M	$11.11 M	$165,182.00
3177 AARK 3177 Aark Digital	$0.0021304	7.91%	3.29%	26.64%	$146,970.00	$2.13 M	$1.19 M
4096 ZRS 4096 Zaros	$0.000362	5.71%	121.69%	-53.21%	$36,008.24	$362,000.00	$48.43
4480 FNX 4480 Fenix	$0.0008886	0.62%	-5.00%	-31.67%	$17,916.12	$127,075.74	$10.13
5359 FST 5359 Futureswap	$0.0020275	6.52%	14.88%	15.49%	--	$69,999.96	$102,020.88
6450 LVL 6450 Level	$0.02377	0.41%	-3.74%	-60.48%	--	--	$1,039.84
6572 PRY 6572 Perpy Finance	$0.0004102	15.40%	15.40%	15.40%	--	--	$448.83
6786 DPEX 6786 DPEX	$0.00002268	-1.00%	-0.74%	-4.79%	--	$28,350.00	$4.75
6826 HMX 6826 HMX	$0.3648	-1.30%	-19.77%	-20.28%	--	$3.65 M	$97,981.73
7633 ZEEP 7633 Zeepr	$0.0₅1902	7.22%	-1.69%	-24.63%	--	$19,000.00	$81,887.12
8185 KAI 8185 Kinetix Finance Token	$0.003259	5.72%	24.06%	-4.65%	--	--	$106,691.69
8336 CYDX 8336 CyberDEX	$0.001939	1.24%	-8.25%	7.02%	--	--	$32.29
8581 GS 8581 GammaSwap	$0.08137	10.06%	16.12%	24.42%	--	--	$4,641.79