Perpetual Protocol (PERP) in 5 Minutes


Brief Introduction

Perpetual Protocol (PERP) is a decentralized exchange and protocol built on the Ethereum blockchain. It aims to provide users with perpetual swaps, a type of derivative that allows for trading of various assets without an expiration date. The project was founded by Chao Chen and Yenwen Feng and was launched in December 2020.

Technical Info

Name and Shortform

The cryptocurrency is known as Perpetual Protocol, with PERP as its shortform.


Perpetual Protocol is built on the Ethereum blockchain, utilizing smart contracts to enable the trading of perpetual swaps.


The project was founded by Chao Chen and Yenwen Feng. They spearheaded the development of Perpetual Protocol and continue to lead the project.

Launch Date

Perpetual Protocol was launched in December 2020, marking the start of its mission to revolutionize perpetual swaps.

The Purpose or Aim of Perpetual Protocol

Perpetual Protocol aims to solve the limitations and issues faced in traditional markets by offering decentralized perpetual swaps. These perpetual swaps allow for trading of various assets without the need for expiration dates, providing users with more flexibility and control over their investments. Additionally, Perpetual Protocol seeks to provide a transparent and secure platform for traders to engage in derivatives trading.

Perpetual Protocol Key Features

Perpetual Protocol offers several key features that set it apart from traditional exchanges and protocols. These include:


Being built on the Ethereum blockchain, Perpetual Protocol operates in a decentralized manner. This means that there is no central authority governing the platform, allowing for greater transparency and trust in the system.

Perpetual Swaps

The main feature of Perpetual Protocol is its offering of perpetual swaps. These are derivatives that do not have an expiration date, allowing users to hold their positions indefinitely. This flexibility attracts traders who prefer to have long-term exposure to various assets.

Automated Market Maker (AMM) Model

Perpetual Protocol utilizes an automated market maker model, which eliminates the need for traditional order books. Instead, liquidity providers contribute to pools, and smart contracts automatically match trades based on predetermined algorithms. This model ensures continuous liquidity and reduces the risk of market manipulation.

Low Trading Fees

Perpetual Protocol distinguishes itself with its low trading fees, making it an attractive option for both retail and institutional traders. By reducing trading fees, Perpetual Protocol aims to democratize access to perpetual swaps and foster a more inclusive trading environment.

Why To Invest in Perpetual Protocol?

Investing in Perpetual Protocol can be a potentially lucrative opportunity for several reasons:

Innovative Concept

Perpetual Protocol offers a fresh and innovative concept with its decentralized perpetual swaps. By riding the wave of decentralized finance (DeFi) and catering to the growing demand for derivatives trading, Perpetual Protocol has the potential to capture a significant market share.

Market Potential

Despite being a relatively new player in the DeFi space, Perpetual Protocol has gained traction and is continuously expanding its user base. As more traders recognize the benefits of decentralized perpetual swaps, the demand for Perpetual Protocol’s services is expected to grow.

Partnerships and Integrations

Perpetual Protocol has established strategic partnerships and integrations with other prominent projects in the DeFi ecosystem. These collaborations enhance Perpetual Protocol’s reach and unlock new opportunities for growth and adoption.

Strong Development Team

With experienced founders and a dedicated development team, Perpetual Protocol has the necessary expertise and resources to drive the project forward. This instills confidence in potential investors and positions Perpetual Protocol for long-term success.

Potential Growth Opportunity

Perpetual Protocol has the potential for significant growth in the coming years. As the cryptocurrency market matures and more traders explore decentralized finance, the demand for innovative platforms like Perpetual Protocol is expected to increase. Additionally, the market for perpetual swaps itself is projected to expand, providing ample growth opportunities for Perpetual Protocol to capture a larger market share.

How to Buy Perpetual Protocol

To buy Perpetual Protocol (PERP), follow these steps:

Step 1: Set up a Wallet

Choose a wallet that supports ERC-20 tokens, as PERP is an ERC-20 token. Popular options include MetaMask, Trust Wallet, and MyEtherWallet.

Step 2: Acquire Ethereum (ETH)

You will need Ethereum (ETH) to purchase PERP. Acquire ETH from a reputable cryptocurrency exchange or use a decentralized exchange (DEX) like Uniswap to swap your desired amount of ETH for PERP.

Step 3: Connect Wallet to a DEX

Connect your wallet to a decentralized exchange that supports PERP trading. Examples include Uniswap and SushiSwap.

Step 4: Place a Buy Order

Once your wallet is connected, specify the amount of PERP you want to buy and initiate the transaction. Confirm the transaction details and approve the transaction using your wallet.

Expert Opinions and Expected Price in Five Years

Given the volatility of the cryptocurrency market, it is challenging to predict the exact price of Perpetual Protocol (PERP) in five years. However, experts anticipate substantial growth potential for Perpetual Protocol based on its innovative concept and the increasing demand for decentralized finance.

While opinions may vary, some experts believe that Perpetual Protocol has the potential to establish itself as a leading player in the DeFi space, paving the way for significant price appreciation. The growth of the platform, strategic partnerships, and market acceptance will likely contribute to the overall value of PERP in the coming years.

Resources and References

For additional information about Perpetual Protocol and its ecosystem, refer to the following resources and references:

Please note that these resources are provided for informational purposes only and should not be considered as financial advice. Conduct your own research and exercise caution when investing in cryptocurrencies.


Perpetual Protocol offers a decentralized platform for perpetual swaps, revolutionizing the way traders engage in derivatives trading. With its innovative concept, strong development team, and potential for growth in the DeFi space, Perpetual Protocol has garnered attention and is poised for long-term success. Investors seeking exposure to the cryptocurrency market and decentralized finance should consider Perpetual Protocol as an investment opportunity. However, it is crucial to conduct thorough research and assess personal risk tolerance before making any investment decisions.

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