Live Perpetual Protocol (PERP) price, charts, market data, and news in one place.
0% through historical range
58.73% above ATL and 99.89% below ATH
Showing 10 spot markets sorted by CoinMarketCap exchange rank. Markets excluded from CMC price or volume calculations are hidden.
| Pair | |||||
|---|---|---|---|---|---|
| 1 | PERP/USD | $0.03 | $30.04K | 225 | |
| 2 | PERP/USDT | $0.02 | $10.9K | 171 | |
| 3 | PERP/USDT | $0.03 | $59.7K | 100 | |
| 4 | Uniswap v3 (Ethereum) | PERP/WETH | $0.02 | $1.37K | 12 |
| 5 | Uniswap v2 | PERP/WETH | $0.02 | $184 | 4 |
| 6 | PERP/USD | $0.02 | $15.21K | 161 | |
| 7 | PERP/EUR | $0.03 | $3.16K | 1 | |
| 8 | KCEX | PERP/USDT | $0.03 | $26.35K | 140 |
| 9 | PERP/USDT | $0.03 | $2.22K | 11 | |
| 10 | BVOX | PERP/USDT | $0.02 | $484 | 167 |
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Using the live USD market price. Additional fiat rates will appear after the daily sync.
PERP is Perpetual's native protocol token and is issued by Perpetual DAO. The PERP token is primarily a utility token designed to facilitate and incentivize the decentralized governance of the protocol. As such, holders of PERP tokens accrue voting rights proportional to their holdings.
Perpetual Protocol was launched in late 2019, originally under the name of Strike Protocol. Perpetual Protocol builds on an Uniswap-inspired automated market maker (AMM) design (constant product curve). Perpetual Protocol’s liquidity pool (k) is virtualized and determined algorithmically. Rather than rely on liquidity providers to determine the curve of a given market, Perpetual Protocol can programmatically set and update the parameters of the virtual AMM (x*y=k) and offer a competitive product for any given market at all times.
The team claims that PERP is the first virtual AMM (vAMM), which enables markets with no makers while still guaranteeing on-chain liquidity. These maker-less markets lowers the capital demands traditional markets require and pave the way for new and emerging futures.
Perpetual Protocol’s Insurance Fund is guaranteed by the holders of its native token, $PERP. The Insurance Fund is used to cover any unexpected losses from leveraged trading. If the Insurance Fund is depleted, Perpetual Protocol will mint more $PERP to refill the Insurance Fund and cover the losses.
$PERP holders can stake their assets to Perpetual Protocol’s staking pool for a fixed period of time. In return, stakers are rewarded with a percentage of the transaction fees accumulated across the protocol in addition to inflationary staking rewards.
As the name suggests, Perpetual Protocol focuses exclusively on perpetual swap contracts. At launch, Perpetual Protocol will support BTC, ETH, and LINK, and can onboard other synthetic assets such as gold, crude oil, or other fiat currencies through governance in the future. Traders can get up to 20X leverage on both long and short positions. Perpetual Protocol is supported by a Decentralized Autonomous Organization (DAO) with a strong presence in Asia. It is not intended for United States residents or citizens.
As of May 13, 2026, Perpetual Protocol trades at $0.026.
Perpetual Protocol has a market capitalization of $1,748,792.36.
Perpetual Protocol has a 24-hour trading volume of $1,361,770.35.
Perpetual Protocol reached an all-time high of $24.84, recorded on Aug 30, 2021. It is currently 99.89% below its all-time high.
Perpetual Protocol recorded an all-time low of $0.017, recorded on Feb 28, 2026. It is currently 58.73% above its all-time low.
