Perpetual Protocol is a decentralized perpetual contract protocol that can be used for any asset, such as fiat, cryptocurrency, crude oil, gold, and so on. The Perpetual Protocol is powered by vAMM (Virtual Automated Market Maker). Perpetual Protocol enables users to control and manage their assets without the need for third-party investments. Furthermore, in the future, all transactions and processes will be handled by the DAO via Smart Contracts on Ethereum. Anyone, anywhere, and anytime can access and use the Perpetual Protocol platform without limiting anyone’s rights.
Perpetual Protocol (PERP) is a utility token that performs on the Ethereum platform following the ERC-20 standard and is part of the Perpetual Protocol ecosystem. Users can stake PERP in the Staking Pool to receive PERP and a 50% transaction fee. Furthermore, PERP holders can vote or propose new ideas to improve the protocol.