Perpetual Protocol

About Perpetual Protocol

Perpetual Protocol (PERP) is a decentralized exchange built for trading perpetual contracts without expiry dates. It operates on Ethereum and Optimism, leveraging a virtual automated market maker model to enable leveraged trading of crypto assets without requiring a traditional order book or direct counterparties. PERP serves as the governance and utility token within the ecosystem, allowing holders to participate in protocol decisions. Perpetual Protocol targets traders seeking decentralized alternatives to centralized derivatives exchanges, offering transparent on-chain settlement and permissionless access to leveraged positions across a range of crypto markets.