Perpetual Protocol DEX allows leveraged, on-chain trading with low fees. Use cases include governance, staking, and exchange backstop.
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Perpetual Protocol DEX: A decentralized exchange on Ethereum and xDai. Features include: Trading a variety of assets with up to 10x leverage, low gas fees through xDai, fully on-chain and non-custodial trading. Use cases include governance through staked PERP tokens (initially guided by core contributors), staking PERP tokens for rewards, and acting as an exchange backstop where PERP tokens may be sold to cover insurance fund shortfalls.
As of now, Perpetual Protocol is trading at 0.3374 USD, with a 24-hour trading volume of approximately 2.88M USD. The PERP to USD price is updated in real time. Over the past 24 hours, Perpetual Protocol has increased by 7.19%. It remains the top-ranked cryptocurrency on CMC.IO, with a market capitalization of about 22.27M USD. Currently, there are 66 002 156.95 PERP in circulation out of a maximum supply of 150 000 000 PERP.
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