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Perpetual Protocol (PERP)

€ 0,99713

-6,43 % € -0,06412
24h 1w 1m 1y All

Perpetual Protocol Price in Euros

(PERP to EUR)

€ 0,99713

Perpetual Protocol Volume

(24h)

€ 14.93 M

Market Cap

(Perpetual Protocol)

€65.64 M
BTC

What is Perpetual Protocol

Perpetual Protocol is a platform for trading derivatives, allowing users to employ leverage to amplify their profits. As it operates on the blockchain, trading is facilitated entirely through smart contracts. The PERP cryptocurrency provides users with governance rights.

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How does Perpetual Protocol work?

Perpetual Protocol functions as a decentralized application (dApp) on the Ethereum blockchain and has its own Automated Market Maker (AMM). The AMM determines the price of a perpetual contract based on supply and demand, all done automatically.

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How to buy Perpetual Protocol?

You can buy PERP on exchanges like Coinmerce. Select the coin, choose your payment method, and receive the PERP tokens in your wallet.

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How to buy Perpetual Protocol?

To buy PERP (Perpetual Protocol), you can use Coinmerce and purchase it with iDeal. If you have an account with a Dutch bank such as Rabobank, ING, or ABN AMRO, you can easily buy PERP. After logging in, click on "Coins" in the top menu and search for PERP. If you don't see PERP, use the search function to find it and click on the cryptocurrency. In the right window, enter the amount of euros you want to spend on PERP. The amount of PERP you will receive is displayed below. Once you have entered the correct amount, click on "Buy".

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About Perpetual Protocol

Perpetual Protocol is a marketplace where users can trade derivatives. Derivatives are contracts that allow betting on the future price of an asset, such as gold, oil, stocks, bonds, or cryptocurrencies. In this case, the bet has no expiration date and can continue indefinitely, hence the name "perpetual". The Perpetual Protocol marketplace operates entirely on the Ethereum blockchain and is governed by smart contracts. There are no intermediaries overseeing compliance with the rules; it is all executed automatically by the smart contracts. This ensures decentralization and keeps transaction costs low. While Perpetual Protocol's marketplace is often compared to Uniswap, its purpose is different. Uniswap facilitates token trading, while Perpetual Protocol allows users to leverage their trades for increased profits. The PERP token, the cryptocurrency of Perpetual Protocol, is used to pay transaction fees and participate in the platform's governance. This means that the PERP token has governance functions.

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Video Video
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Founder Yenfen Weng
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Founder Shao-Kang Lee
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Founder
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Founder
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Founded
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Website Website
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Network
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Location
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Rank 610
euro
Market Cap 65.64 M
euro
Trading volume 14.93 M
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Maximum coins 0
euro
Circulating 66 M
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