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

$7.91 B

-6.00%

Dominance

0.38%

0.0%

24h M.Cap Change

-6.00%

24h Change

7d M.Cap Change

10.81%

7d Change

Gainers/Losers

7 (38.89%)

11 (61.11%)


7 HYPE 7 Hyperliquid	$17.87	-5.29%	15.10%	7.69%	$5.97 B	$17.87 B	$137.37 M
23 JUP 23 Jupiter	$0.43	-4.41%	16.70%	-23.85%	$1.22 B	$3.01 B	$111.53 M
33 DYDX 33 dYdX	$0.6216	-2.82%	14.20%	-8.03%	$476.03 M	$547.74 M	$19.41 M
68 PERP 68 Perpetual Protocol	$0.2687	9.42%	45.88%	-30.99%	$19.51 M	$40.31 M	$32.78 M
107 DRIFT 107 Drift Protocol	$0.5005	-4.54%	14.19%	-16.38%	$148.93 M	$500.50 M	$25.71 M
273 ORDER 273 Orderly Network	$0.109	-6.19%	17.73%	-22.34%	$27.55 M	$109.00 M	$6.36 M
341 F 341 SynFutures	$0.01135	-5.37%	0.43%	-44.88%	$18.40 M	$113.50 M	$8.86 M
440 FUL 440 Fulcrom	$0.005183	-2.19%	9.20%	-8.37%	$10.77 M	$103.66 M	$20,472.00
534 MCB 534 MUX Protocol	$1.87	2.20%	0.00%	-5.58%	$7.15 M	$8.98 M	$70,603.00
596 TANGO 596 Contango	$0.02368	-0.64%	7.96%	-3.73%	$5.54 M	$23.68 M	$1,143.57
696 RBX 696 RabbitX	$0.006611	1.42%	1.23%	4.25%	$4.00 M	$6.61 M	$86,898.00
919 CYB 919 Cyberperp	$1.12	2.59%	-0.96%	-13.36%	$2.13 M	$11.20 M	$80,236.00
1043 LOGX 1043 LogX Network	$0.012	-1.03%	-6.94%	-43.32%	$1.56 M	$12.00 M	$412,733.00
2341 AARK 2341 Aark Digital	$0.001729	-6.61%	35.01%	-43.14%	$119,301.00	$1.73 M	$158,353.00
2543 ZRS 2543 Zaros	$0.0008701	6.85%	4.73%	-75.61%	$86,549.08	$870,100.00	$1.31
3165 FNX 3165 Fenix	$0.001539	-0.61%	2.88%	-47.97%	$31,029.61	$201,129.63	$256.79
4727 DPEX 4727 DPEX	$0.00002344	0.34%	-0.47%	-11.60%	--	$29,300.00	$4.90
5369 ZEEP 5369 Zeepr	$0.0₅19	2.32%	-21.14%	-11.11%	--	$19,000.00	$7,333.61