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Perpetual Protocol price

Perpetual Protocol pricePERP

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Price of Perpetual Protocol today

The live price of Perpetual Protocol is $0.3696 per (PERP / USD) today with a current market cap of $24.40M USD. The 24-hour trading volume is $9.82M USD. PERP to USD price is updated in real time. Perpetual Protocol is -0.07% in the last 24 hours. It has a circulating supply of 66,002,156 .

What is the highest price of PERP?

PERP has an all-time high (ATH) of $24.83, recorded on 2021-08-30.

What is the lowest price of PERP?

PERP has an all-time low (ATL) of $0.3078, recorded on 2025-03-11.
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Perpetual Protocol price prediction

What will the price of PERP be in 2026?

Based on PERP's historical price performance prediction model, the price of PERP is projected to reach $0.3627 in 2026.

What will the price of PERP be in 2031?

In 2031, the PERP price is expected to change by +38.00%. By the end of 2031, the PERP price is projected to reach $1.18, with a cumulative ROI of +213.80%.

Perpetual Protocol price history (USD)

The price of Perpetual Protocol is -71.84% over the last year. The highest price of PERP in USD in the last year was $1.64 and the lowest price of PERP in USD in the last year was $0.3078.
TimePrice change (%)Price change (%)Lowest priceThe lowest price of {0} in the corresponding time period.Highest price Highest price
24h-0.07%$0.3672$0.3816
7d+8.50%$0.3311$0.3816
30d-16.96%$0.3078$0.5267
90d-53.34%$0.3078$0.9006
1y-71.84%$0.3078$1.64
All-time-80.67%$0.3078(2025-03-11, 10 days ago )$24.83(2021-08-30, 3 years ago )

Perpetual Protocol market information

Perpetual Protocol's market cap history

Market cap
$24,397,385.37
Fully diluted market cap
$55,446,791.05
Market rankings
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Perpetual Protocol market

  • #
  • Pair
  • Type
  • Price
  • 24h volume
  • Action
  • 1
  • PERP/USDT
  • Spot
  • 0.3704
  • $424.77K
  • Trade
  • Perpetual Protocol holdings

    Perpetual Protocol holdings distribution matrix

  • Balance (PERP)
  • Addresses
  • % Addresses (Total)
  • Amount (PERP|USD)
  • % Coin (Total)
  • 0-100 PERP
  • 9.59K
  • 73.98%
  • 181.17K PERP
    $69.01K
  • 0.12%
  • 100-1000 PERP
  • 2.24K
  • 17.27%
  • 766.4K PERP
    $291.94K
  • 0.51%
  • 1000-10000 PERP
  • 850
  • 6.56%
  • 2.62M PERP
    $998.33K
  • 1.75%
  • 10000-100000 PERP
  • 206
  • 1.59%
  • 6.03M PERP
    $2.3M
  • 4.02%
  • 100000-1000000 PERP
  • 50
  • 0.39%
  • 17.62M PERP
    $6.71M
  • 11.75%
  • 1000000-10000000 PERP
  • 24
  • 0.19%
  • 52.18M PERP
    $19.88M
  • 34.79%
  • 10000000-100000000 PERP
  • 4
  • 0.03%
  • 70.6M PERP
    $26.89M
  • 47.07%
  • 100000000-1000000000 PERP
  • 0
  • 0.00%
  • 0 PERP
    $0
  • 0.00%
  • 1000000000-10000000000 PERP
  • 0
  • 0.00%
  • 0 PERP
    $0
  • 0.00%
  • >10000000000 PERP
  • 0
  • 0.00%
  • 0 PERP
    $0
  • 0.00%
  • Perpetual Protocol holdings by concentration

    Whales
    Investors
    Retail

    Perpetual Protocol addresses by time held

    Holders
    Cruisers
    Traders
    Live coinInfo.name (12) price chart
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    Perpetual Protocol ratings

    Average ratings from the community
    4.4
    100 ratings
    This content is for informational purposes only.

    About Perpetual Protocol (PERP)

    What Is Perpetual Protocol?

    Perpetual Protocol is a decentralized exchange (DEX) launched in 2018 by Yenwen Feng and Shao-Kang Lee. It initially had the name "Strike" before rebranding to Perpetual Protocol. This platform distinguishes itself by enabling users to engage in leverage trading, short positions, and low slippage. Its foundation on the Ethereum blockchain and utilization of smart contracts for automated market makers (AMMs) positions it as a significant player in the DeFi space.

    The protocol operates uniquely by employing a virtual Automated Market Maker (vAMM) system. Unlike traditional AMMs where assets are pooled, the vAMM facilitates price discovery without requiring actual asset storage, thus creating a virtual environment for trading. This innovation not only enhances the efficiency of the trading process but also aligns with the decentralized ethos of blockchain technology. Perpetual Protocol's commitment to decentralization is further evidenced by its transition towards a decentralized autonomous organization (DAO), empowering PERP token holders in governance decisions.

    Resources

    Official Website: https://perp.com/

    How Does Perpetual Protocol Work?

    Perpetual Protocol's operation hinges on two primary components: the virtual Automated Market Maker (vAMM) and an insurance fund. The vAMM, a novel variant in the AMM landscape, is designed for price discovery rather than spot exchange. It leverages mathematical functions to determine token prices, thereby eliminating the need for a traditional liquidity pool. This system is pivotal in maintaining the protocol's decentralized and efficient trading mechanism.

    The protocol's structure includes a clearinghouse and a collateralization vault. The clearinghouse plays a crucial role in managing deposits from traders, recording margin amounts, and determining leverage. These deposits are then transferred to the collateralization vault, which safeguards trading positions and communicates with the vAMM for price updates. This dual-structured approach ensures a robust and secure trading environment.

    Insurance funds are another critical aspect of Perpetual Protocol. They act as a safety net, protecting traders against unforeseen events or liquidations. Funded by a portion of transaction fees, these insurance funds grow with the network's usage. In scenarios where the insurance funds deplete, a smart contract mechanism kicks in to mint new PERP tokens, which are then sold for collateral, safeguarding the system's solvency.

    What Is PERP Token?

    PERP is the native token of Perpetual Protocol and plays a central role in its ecosystem. It has a total supply of 150,000,000 tokens. PERP is integral to the platform's governance, with plans for PERP holders to eventually assume full governance responsibilities. The token also offers staking opportunities, where stakers are rewarded with a share of the trading fees and newly minted tokens. This mechanism not only incentivizes participation but also aligns stakeholder interests with the network's growth and stability.

    What Determines Perpetual Protocol’s Price?

    The price of Perpetual Protocol (PERP), like many assets in the dynamic cryptocurrency market, is influenced by a confluence of factors, pivotal among them being market demand and supply dynamics. As a decentralized finance (DeFi) platform offering trading solutions, Perpetual Protocol attracts investors and traders looking for advanced leverage and trading options in the blockchain space. The level of adoption and usage of the platform directly impacts the demand for PERP tokens. When more traders utilize the platform for its leverage trading capabilities, the demand for PERP increases, potentially driving up its price. Additionally, the unique feature of no impermanent loss and up to 20x leverage on capital in a decentralized setting makes it an attractive option for DeFi enthusiasts, further influencing its market demand.

    Another critical factor in determining PERP's price is the broader cryptocurrency market sentiment and trends. As with many digital assets, PERP's price is often correlated with the overall health of the crypto market, particularly the performance of major cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH). Bullish trends in these leading cryptocurrencies can create a positive ripple effect, boosting investor confidence in altcoins like PERP. Moreover, the platform's technical developments, governance decisions by PERP token holders, and updates to its decentralized exchange (DEX) infrastructure can significantly impact investor perception and, consequently, the token's price. In the rapidly evolving blockchain ecosystem, regulatory news and global economic factors also play a role, as they can affect investor sentiment and the attractiveness of crypto assets as investment vehicles.

    For those interested in investing or trading Perpetual Protocol, one might wonder: Where to buy PERP? You can purchase PERP on leading exchanges, such as Bitget, which offers a secure and user-friendly platform for cryptocurrency enthusiasts.

    Perpetual Protocol Social Data

    In the last 24 hours, the social media sentiment score for Perpetual Protocol was 4.5, and the social media sentiment towards Perpetual Protocol price trend was Bullish. The overall Perpetual Protocol social media score was 3,285, which ranks 513 among all cryptocurrencies.

    According to LunarCrush, in the last 24 hours, cryptocurrencies were mentioned on social media a total of 1,058,120 times, with Perpetual Protocol being mentioned with a frequency ratio of 0.01%, ranking 311 among all cryptocurrencies.

    In the last 24 hours, there were a total of 210 unique users discussing Perpetual Protocol, with a total of Perpetual Protocol mentions of 56. However, compared to the previous 24-hour period, the number of unique users decrease by 15%, and the total number of mentions has increase by 22%.

    On Twitter, there were a total of 2 tweets mentioning Perpetual Protocol in the last 24 hours. Among them, 100% are bullish on Perpetual Protocol, 0% are bearish on Perpetual Protocol, and 0% are neutral on Perpetual Protocol.

    On Reddit, there were 8 posts mentioning Perpetual Protocol in the last 24 hours. Compared to the previous 24-hour period, the number of mentions decrease by 11% .

    All social overview

    Average sentiment (24h)
    4.5
    Social media score (24h)
    3.29K(#513)
    Social contributors (24h)
    210
    -15%
    Social media mentions (24h)
    56(#311)
    +22%
    Social media dominance (24h)
    0.01%
    X
    X posts (24h)
    2
    0%
    X sentiment (24h)
    Bullish
    100%
    Neutral
    0%
    Bearish
    0%
    Reddit
    Reddit score (24h)
    4
    Reddit posts (24h)
    8
    -11%
    Reddit comments (24h)
    0
    0%

    How to buy Perpetual Protocol(PERP)

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    Convert Perpetual Protocol to PERP

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    Perpetual Protocol news

    BlackRock Leads $5 Million Investment in Perpetual Protocol DEX, How Does Vest Fight Back Against the "Crypto Scythe"?
    BlackRock Leads $5 Million Investment in Perpetual Protocol DEX, How Does Vest Fight Back Against the "Crypto Scythe"?

    Break the "Law of the Jungle" in the Crypto Market, Truly Achieving Technology Equity

    BlockBeats2025-03-12 07:47
    Coinbase launches COIN50 index, tradable as a perpetual future with up to 20x leverage
    Coinbase launches COIN50 index, tradable as a perpetual future with up to 20x leverage

    Coinbase has launched a new index representing the top 50 digital assets listed on its exchange that meet the index’s fundamental criteria for inclusion.The COIN50 index is also available to trade as a perpetual future with up to 20x leverage.

    The Block2024-11-13 00:33
    Asia Color
    Asia Color
    QCP Capital2024-10-28 19:44
    More Perpetual Protocol updates

    FAQ

    What is the current price of Perpetual Protocol?

    The live price of Perpetual Protocol is $0.37 per (PERP/USD) with a current market cap of $24,397,385.37 USD. Perpetual Protocol's value undergoes frequent fluctuations due to the continuous 24/7 activity in the crypto market. Perpetual Protocol's current price in real-time and its historical data is available on Bitget.

    What is the 24 hour trading volume of Perpetual Protocol?

    Over the last 24 hours, the trading volume of Perpetual Protocol is $9.82M.

    What is the all-time high of Perpetual Protocol?

    The all-time high of Perpetual Protocol is $24.83. This all-time high is highest price for Perpetual Protocol since it was launched.

    Can I buy Perpetual Protocol on Bitget?

    Yes, Perpetual Protocol is currently available on Bitget’s centralized exchange. For more detailed instructions, check out our helpful How to buy Perpetual Protocol guide.

    Can I get a steady income from investing in Perpetual Protocol?

    Of course, Bitget provides a strategic trading platform, with intelligent trading bots to automate your trades and earn profits.

    Where can I buy Perpetual Protocol with the lowest fee?

    Bitget offers industry-leading trading fees and depth to ensure profitable investments for traders. You can trade on the Bitget exchange.

    Where can I buy Perpetual Protocol (PERP)?

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    Cryptocurrency investments, including buying Perpetual Protocol online via Bitget, are subject to market risk. Bitget provides easy and convenient ways for you to buy Perpetual Protocol, and we try our best to fully inform our users about each cryptocurrency we offer on the exchange. However, we are not responsible for the results that may arise from your Perpetual Protocol purchase. This page and any information included are not an endorsement of any particular cryptocurrency. Any price and other information on this page is collected from the public internet and can not be consider as an offer from Bitget.

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    PERP
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    1 PERP = 0.3696 USD
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    PERP-2.88%
    S-5.76%

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