Coins: 10053 Exchanges: 936 Market Cap: $1,225,562,243,650 1.25% 24h Vol: $48,208,812,807.548 Dominance: BTC 46.65%, ETH 18.33%
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Perpetual Protocol price

Perpetual Protocol Price (PERP)

$0.511756

3.28%
Rank #367

Perpetual Protocol Price Chart (PERP/USD)

Last updated 02 Aug 2023, 14:15PM UTC. Currency in USD.

Markets
# Exchange Pair Price Spread Volume(24h) Trust
1 Binance PERP / BUSD $1.08 0.08% $56,250,530
2 BTSE PERP / USD $0.50000000 3.85% $953,387
3 Binance PERP / USDT $0.47610900 0.04% $665,124
4 XT.COM PERP / USDT $0.61529400 2.46% $363,601
5 Bitget PERP / USDT $0.49317200 0.07% $314,995
6 Bitrue PERP / BUSD $0.48628500 1.38% $273,576
7 Bitvavo PERP / EUR $0.51004700 0.20% $267,802
8 LATOKEN PERP / USDT $0.51209100 0.50% $188,209
9 LBank PERP / USDT $0.51185500 0.10% $184,953
10 BKEX PERP / USDT $0.78545300 0.38% $134,304
11 OKX PERP / USDT $0.48852700 0.08% $110,781
12 Gate.io PERP / USD $0.46476000 0.74% $103,763
13 Phemex PERP / USDT $0.51104500 0.04% $100,792
14 Binance PERP / BTC $0.56865000 0.24% $95,755
15 Coinbase Exchange PERP / USD $0.50780000 0.14% $79,924
16 BitMart PERP / USDT $0.50565200 0.34% $55,248
17 CoinW PERP / USDT $0.50804200 1.06% $39,333
18 Huobi Global PERP / USDT $0.80182200 0.02% $36,975
19 Gate.io PERP / USDT $0.64129900 0.56% $34,250
20 OKX PERP / USDC $0.85511700 0.47% $26,245
21 MEXC Global PERP / USDT $0.47786100 0.31% $25,977
22 BingX PERP / USDT $0.51313400 0.52% $23,221
23 Gate.io PERP / ETH $0.58582300 0.95% $21,542
24 TokoCrypto PERP / USDT $0.58178400 0.08% $19,497
25 Bilaxy PERP / ETH $0.49572800 1.71% $16,134
26 Kraken PERP / EUR $0.47589000 0.93% $16,106
27 Bybit (Spot) PERP / USDT $0.50658900 0.18% $15,183
28 Bitkub PERP / THB $0.50586100 0.63% $14,538
29 KuCoin PERP / USDT $0.69929500 0.07% $10,489
30 Hotbit PERP / USDT $0.61574000 0.74% $10,137
31 Coinbase Exchange PERP / USDT $0.61510900 0.18% $9,224
32 Nominex PERP / BUSD $0.90091700 0.16% $8,001
33 Crypto.com Exchange PERP / USDC $0.55770500 0.48% $6,240
34 KuCoin PERP / BTC $0.56204500 0.75% $5,215
35 CoinEx PERP / USDT $0.51477800 0.12% $4,905
36 Coinbase Exchange PERP / EUR $0.38867900 0.27% $3,524
37 TokoCrypto PERP / BUSD $0.58320100 0.23% $2,877
38 Kraken PERP / USD $0.48700000 0.20% $2,755
39 Crypto.com Exchange PERP / USD $0.52177000 0.99% $2,553
40 Nominex PERP / BTC $0.52431400 0.23% $1,347
41 Crypto.com Exchange PERP / USDT $0.49687000 0.61% $1,008
42 HitBTC PERP / USDT $0.51745300 0.67% $630
43 Poloniex PERP / USDT $0.47863700 1.91% $20
44 Bitstamp PERP / USD $1.80 0.44% $11
45 Bilaxy PERP / USDT $0.45145300 0.17% $390,483
46 Bitrue PERP / USDT $0.48338900 0.04% $6,487
47 Nominex PERP / USDT $0.48628100 0.13% $2,127
48 Tokenize PERP / USD $0.77000000 2.53% $1,602
49 WOO Network PERP / USDT $0.50966500 0.72% $896
50 AEX PERP / USDT $0.40620800 0.02% $643

PERP Price Statistics

$0
24H Range
$1
  • Perpetual Protocol Price Now $1
  • 24h Low / 24h High $0 / $1
  • Trading Volume $6,199,587
  • Market Cap Rank #477
  • Market Cap $37,122,431
  • Volume / Market Cap 0.1670
  • All-Time High $24 -97.91%
    Aug 30, 2021
  • All-Time Low $0 60.88%
    Nov 09, 2022


Perpetual Protocol: A Revolutionary Cryptocurrency

Introduction

Perpetual Protocol is a blockchain-based platform that introduces a unique and innovative approach to decentralized finance (DeFi). By combining the advantages of traditional trading with the power of blockchain technology, Perpetual Protocol aims to redefine the cryptocurrency market.

The Basics of Perpetual Protocol

Perpetual Protocol operates on the Ethereum network, utilizing smart contracts to facilitate trading. It focuses on perpetual contracts, which are derivative products that allow users to gain exposure to various assets without owning them physically.Unlike regular futures contracts, perpetual contracts do not have an expiration date. This means that traders can hold their positions indefinitely, providing them with flexibility and eliminating the need for costly contract roll-overs.

Key Features of Perpetual Protocol

1. Decentralization: Perpetual Protocol eliminates the need for intermediaries, such as brokers or banks, by leveraging the power of blockchain technology. This ensures transparent and secure trading, as transactions are recorded on an immutable ledger.2. Liquidity Pools: To ensure there is always enough liquidity for trading, Perpetual Protocol employs an Automated Market Maker (AMM) model. This model allows users to trade against liquidity pools, rather than depending on other traders. This mechanism helps to reduce slippage and guarantees that trades are executed efficiently.3. Gas Optimization: Perpetual Protocol tackles the scalability challenges faced by the Ethereum network by implementing layer 2 solutions. This approach helps to lower transaction costs and increase the overall efficiency of the platform.

Benefits of Perpetual Protocol

1. Accessibility: Perpetual Protocol enables users to trade a wide range of assets without any geographical barriers. As long as they have an internet connection, individuals can participate in the global market.2. Lower Costs: By removing intermediaries from the trading process, Perpetual Protocol reduces transaction fees significantly. This makes it more cost-effective for users to engage in trades, regardless of their investment size.3. Market Efficiency: The AMM model utilized by Perpetual Protocol enhances market efficiency by ensuring constant liquidity provision. Traders can execute their orders quickly and at fair prices, minimizing the impact of market fluctuations.4. Security: Perpetual Protocol leverages the security features of blockchain technology, making it nearly impossible for hackers to manipulate or tamper with transaction records. Users can have peace of mind knowing their assets are protected.

In conclusion, Perpetual Protocol represents an exciting advancement in the world of decentralized finance. By combining perpetual contracts, decentralization, and liquidity pools, it offers users a secure, cost-effective, and efficient trading experience. With its commitment to innovation and scalability, Perpetual Protocol is set to reshape the cryptocurrency market for the better.