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PERP
Price
$ 0.683845
Total Raised
Perpetual Protocol DEXThe core of Perpetual Protocol is the decentralized exchange (DEX), based on Ethereum and xDai. Read More
Perpetual Protocol DEXThe core of Perpetual Protocol is the decentralized exchange (DEX), based on Ethereum and xDai. What can you do on the Perpetual Protocol DEX?Go long or short on a growing number of assetsTrade with up to 10x leverage.Trade with low gas fees thanks to xDai.All trading is 100% on-chain.Trading is 100% non-custodialUse CasesGovernanceOnce PERP token holders have staked their tokens, they can then use their staked PERP tokens to vote on or propose new ideas that can be used to improve Perpetual Protocol. Before the on-chain governance voting platform is ready for PERP token holders, core protocol contributors will guide critical decisions. We believe it’s important to keep governance nimble in the early days of the Perpetual Protocol.StakingPERP holders can lock-up, or “stake,” their PERP for a fixed amount of time in the Staking Pool. In return, stakers receive rewards.Exchange backstopIn extreme cases, the exchange insurance fund may be depleted. In such an event, PERP tokens may be sold at market in order to make up for any shortfall.