Perpetual Protocol
PERP
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₹0
LIVE
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24H Low ₹49.97
24H High ₹52.03
Price of PERP today
The current live price of PERP today is ₹0, with a 24-hour trading volume of ₹55,62,21,037.70. Our PERP to INR price is updated in real-time. PERP has seen a decrease of -1.67% in the last 24 hours. With a live market cap of ₹3,38,79,38,743.38 , the circulating supply is at 66,002,157 PERP coins, with a maximum supply of 150,000,000PERP coins.
Perpetual Protocol Price History
Date Comparison | Amount Change | % Change |
---|---|---|
Today | -₹0.58 | 1.13% |
7 Days | -₹3.55 | 6.51% |
30 Days | ₹3.51 | 7.26% |
1 Year | ₹1.88 | 3.87% |
Perpetual Protocol Price Information
Price Change (1hr)
0.16%
Price Change (24hr)
1.13%
Price Change (7d)
6.51%
Perpetual Protocol Market Stats
Market Cap
₹3,38,79,38,743.38
Fully Diluted Market Cap
₹7,69,96,09,148.28
24hr Volume
₹55,62,21,037.70
10.17%
Circulating Supply
66002156.95 PERP
Total Supply
150000000 PERP
Things to know about Perpetual Protocol
What is Perpetual Protocol (PERP)?
Perpetual Protocol (PERP) is a decentralised exchange (DEX) for futures on Ethereum and xDai
It offers up to 10x leverage on assets like BTC, ETH, and DOT.
PEPR utilises virtual automated market maker (vAMM) for liquidity.
Tokenomics
Max Supply: 150 million PERP tokens.
Circulating Supply: 66 million PERP tokens.
Allocation: 54.8% for Ecosystem & Rewards, 21% for Team & Advisors, 15% for Strategic Round, 5% for Public Sale (LBP by Balancer), and 4.2% for Seed.
Market Data
As of today #{today’s date}, the price of Perpetual Protocol is ₹0 INR or #{coinPriceUsd} USD, with a 24-hour trading volume of 6299219 USD. The market capitalization for Perpetual Protocol is 38368502.19USD. The circulating supply is 66002156.95 Perpetual Protocol, with the total supply also being 150000000 Perpetual Protocol.
Token Pros and Cons
Pros:
Decentralised and non-custodial trading.
Up to 10X leverage on various assets.
Utilises vAMM for predictable pricing and liquidity.
Cons:
High competition from other DEXs and centralised exchanges.
Potential regulatory risks associated with DeFi platforms.
Why Should You Invest in the Coin?
Innovative approach to decentralised futures trading.
Leverage capabilities and interest in DeFi platforms.
Unique vAMM system and governance model.
USP of the Coin
Decentralised perpetual futures DEX with up to 10x leverage.
Operates on Ethereum and xDai without custody risks.
Deep liquidity and composability for various assets.
Problem the Coin is Solving
Offers leveraged trading without expiry on a wide range of assets.
Reduces slippage with vAMM system.
Eliminates custody risks of centralised platforms.
Founder and Team Background
PERP was co-founded by Yenwen Feng and Shao-Kang Lee.
The team has extensive backgrounds in blockchain technology and financial markets.
ICO Price
The IDO price was $1.64.
Launch date: 9th September to 12th September 2020.
Risks Associated in Investing in the Coin
Market volatility, regulatory changes in DeFi.
Competition from other DEXs and centralised exchanges.
Potential technical vulnerabilities in smart contracts.
Whitepaper Insights
The Perpetual Protocol whitepaper outlines the design and functionality of its decentralised exchange for trading perpetual futures contracts. It introduces the concept of a virtual automated market maker (vAMM) that provides on-chain liquidity and predictable pricing without requiring physical liquidity pools. This innovative approach allows for leveraged trading up to 10x on various assets, including cryptocurrencies, commodities, and more, without an expiry date for contracts.
The whitepaper details the tokenomics of the PERP token, including its distribution, governance role, and utility within the ecosystem. PERP token holders can participate in governance decisions, stake their tokens for rewards, and contribute to the protocol’s security and efficiency.
One of the key challenges the Perpetual Protocol aims to solve is the need for more liquidity and high slippage in decentralised trading platforms. By leveraging the vAMM system, the protocol ensures deep liquidity and reduced slippage, making it competitive with centralised exchanges while maintaining the security and transparency of a decentralised platform.
The document also discusses the technical architecture of the protocol, including its use of Ethereum and xDai for scalability and lower transaction costs. It highlights the security measures, such as smart contract audits and an insurance fund to protect users’ assets.
In summary, the Perpetual Protocol whitepaper presents a comprehensive overview of a decentralised platform that aims to revolutionise the trading of perpetual futures contracts. It emphasises the protocol’s innovative liquidity solution, governance model, and commitment to security, positioning it as a significant player in the DeFi space.
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Price as per 02:43 PM • 08 Oct 2024
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What is the price of Perpetual Protocol (PERP)?
The current price of Perpetual Protocol (PERP) in INR is ₹0 INR.
What is the current PERP market cap?
The current market capitalization of Perpetual Protocol (PERP) is ₹3,38,79,38,743.38 INR. This value represents the total market value of all coins in circulation, calculated by multiplying the current price of PERP by the number of coins in circulation.
What is the current supply of Perpetual Protocol (PERP)?
The current supply of Perpetual Protocol (PERP) is 66002156.95 PERP. This figure represents the total number of coins that have been mined and are currently in circulation.
What is the 24 trading volume of Perpetual Protocol (PERP)?
The 24-hour trading volume of Perpetual Protocol (PERP) in INR is ₹55,62,21,037.70. This figure represents the total value of all PERP transactions across various exchanges within the last 24 hours.
How to Buy Perpetual Protocol (PERP) in India?
To buy Perpetual Protocol (PERP) via Mudrex, simply sign up and create an account on their platform. Proceed by completing the KYC process to verify your identity. Once verified, deposit funds into your account using the available methods. With your account funded, you're all set to start investing in PERP.
Can I buy Perpetual Protocol (PERP) with UPI?
Yes, you can buy Perpetual Protocol (PERP) with UPI on Mudrex, which accepts payments through popular UPI apps like Paytm, PhonePe, and Google Pay, offering a convenient and quick way to invest.
How to Convert Perpetual Protocol (PERP) to Indian Rupee (INR)?
To convert Perpetual Protocol (PERP) to Indian Rupee (INR), you can use our PERP/INR conversion rates in real time.