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Perpetual Protocol

Perpetual Protocol

Decentralized Perpetual Contracts on Optimism

Launch Year
2020
Consensus
Optimistic Rollup (ETH L2)
Max Supply
150,000,000 PERP
Block Time
~2 seconds
PERP
PERP
Perpetual Protocol
Price
24h Change
Market Cap
Volume (24h)
Circulating Supply
Swap PERP Now
  • No KYC or registration
  • Non-custodial — your keys, your crypto
  • 1000+ supported exchange pairs
  • Best available exchange rate

Perpetual Protocol Price Chart

PERP / USD
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About Perpetual Protocol

Perpetual Protocol (PERP) is a decentralized exchange for perpetual contracts — derivatives that allow traders to speculate on asset prices with leverage without an expiry date. Built on Optimism (Ethereum L2), Perpetual Protocol v2 ('Curie') uses Uniswap v3 concentrated liquidity for its AMM-based perps model. PERP token holders stake to earn fees from trading activity. The protocol pioneered vAMM (virtual automated market maker) technology in v1 before transitioning to its Uniswap-integrated model.

History

2020
Perpetual Protocol launches v1 with vAMM model on xDai Chain
2021
PERP token launches; protocol migrates to Arbitrum then Optimism
2022
Perp v2 'Curie' launches using Uniswap v3 concentrated liquidity
2023
Protocol generates significant trading volume; fee distribution to stakers

How to Swap PERP

Swapping Perpetual Protocol (PERP) on SyntheticSwap requires no account or KYC. PERP is an Optimism Layer 2 token, supported by MetaMask (Optimism network), Rainbow, Trust Wallet, and Ledger. Open SyntheticSwap, select PERP, choose your desired output asset, enter your receiving wallet address, and confirm the floating rate. Optimism's fast finality means your swap settles quickly — the destination asset arrives directly in your wallet.

How to Store PERP

PERP (ERC-20) is stored in MetaMask, Ledger, or any Ethereum/Optimism-compatible wallet. For staking PERP to earn protocol fees, visit perp.com. Hardware wallets secure large holdings.

Frequently Asked Questions