Bitcoin sees a potential future growth as
PERP funding rates remain negative according to the K33 report.
Coinbase continues to expand its futures listings with new additions, such as
Hamster Kombat, PEPE-PERP, and most notably
Perpetual Protocol (PERP). Recent listings on Coinbase have shown bullish signs, with price rallies seen following announcements for DOGS, POL, VIDT DAO, and Wormhole perpetual futures. The launch of such futures also comes as an initiative to expand
memecoin and
Perp markets. However, some listings like the PEPE Coin have been delayed, causing a decline in its price.
SURF Protocol recently raised $3m to develop the first permissionless perp DEX, a promising innovation in the space. Due to this development, traders anticipate a price rally for the listed coins.
Ebi.xyz has become the first perp DEX to enforce a self-trade prevention mechanism to combat wash trading, further validating the importance and innovation behind
Perpetual Protocol.
Velar has managed to successfully secure a $3.5m seed fund and introduced the world’s first PerpDEX on Bitcoin, whereas companies like
Ethena Labs have integrated with Ethereal, a Spot and Perp DEX following governance approval. This trend signifies the persistent growth and value of
Perpetual Futures. Following these advancements,
Sushiswap is potentially launching a Perp DEX on the Sei Network.
PERP Coin News Analytics from Fri, 01 Mar 2019 08:00:00 GMT to Mon, 07 Oct 2024 05:25:13 GMT -
Rating 7
- Innovation 6
- Information 8
- Rumor 5
