- Back to menuPrices
- Back to menuResearch
- Back to menuConsensus
- Back to menu
- Back to menu
- Back to menu
- Back to menuWebinars & Events
Perpetual Protocol
About Perpetual Protocol
Perpetual Protocol, a pioneering decentralized finance (DeFi) platform, empowers users to trade derivative contracts without traditional intermediaries. Designed by Taiwanese innovators Yenwen Feng and Shao-Kang, it employs a virtual automated market maker (vAMM) and a collateralization vault, facilitating trades of perpetual contracts, which distinctively lack an expiry date. The ecosystem's native token, $PERP, serves pivotal roles: staking (securing the platform and earning rewards), governance (directing the platform's trajectory), and insurance (enhancing risk management). However, transaction fees on the platform are processed in USDC, not $PERP.
Perpetual Protocol is a groundbreaking decentralized finance (DeFi) platform that offers users the ability to trade derivative contracts without relying on financial intermediaries. Central to the platform's mechanics is the utilization of a virtual automated market maker (vAMM) and a collateralization vault, enabling users to engage with complex financial instruments, notably perpetual contracts. Unlike futures contracts, these perpetual contracts have no set expiry date, offering traders a unique avenue for speculation and hedging.
Perpetual Protocol is the brainchild of Yenwen Feng and Shao-Kang. Both hail from Taiwan and have combined their expertise to craft a platform poised to redefine the DeFi landscape.