What is PERP

PERP (Perpetual Protocol)

Perpetual Protocol is a decentralized exchange (DEX) for futures on Ethereum and xDai. Traders can go long or short with up to 10X leverage on a growing number of assets like BTC, ETH, DOT, SNX, YFI and others.

I. Project Introduction

Perpetual Protocol is a decentralized exchange (DEX) for futures on Ethereum and xDai. Traders can go long or short with up to 10X leverage on a growing number of assets like BTC, ETH, DOT, SNX, YFI and others. Trading is non-custodial, meaning traders always retain possession of their assets, and on-chain. Perpetual Protocol utilizes a virtual automated market maker (vAMM), which provides on-chain liquidity with predictable pricing set by constant product curves. Furthermore, Perpetual Protocol designed its vAMMs to be market-neutral and fully collateralized.

​II. Token Information

1) Basic Information

Token name: PERP (Perpetual Protocol) 

Total supply: 150,000,000

Tokens in Circulation: 74,475,000

III. Related Links
Official Website: https://perp.com/

Blockchain explorer Links: https://etherscan.io/token/0xbc396689893d065f41bc2c6ecbee5e0085233447

Medium: https://perpetualprotocol.medium.com/

Twitter: https://twitter.com/perpprotocol​

Note: The project introduction comes from the materials published or provided by the official project team, which is for reference only and does not constitute investment advice. HTX does not take responsibility for any resulting direct or indirect losses.