Perpetual Protocol (PERP), a decentralized perpetual contracts protocol, recently saw a significant increase in daily trading volume, hitting $21B. This was largely helped by listings of
TRUMP and
MELANIA specifically on its
DeFi protocol. Notably,
Coinbase is launching the
Coinbase 50 Index, aiming to keep track of the top 50 digital assets. Nevertheless, it has been noted that
FTM-PERP trading will be suspended on the platform, causing speculation about a potential price dip.
Bluefin has also introduced
Perp trading to
Sui. Popular cryptocurrency exchange
Coinbase is deploying its new
COIN50 Index, which includes key digital assets such as
Bitcoin,
Ethereum and
Dogecoin. The
Perp-focused platform
HyperLiquid has experienced substantial $60M net outflows in its
USDC reserves. In addition to this, cryptocurrency
ARPA Chain (ARPA) and
Perpetual Protocol (PERP) have been introduced on
Coinbase.
Rapid unpredictable swings in cryptocurrency prices highlight the inherent risks and potential profits associated with
perpetual futures and the growing interest in
Perp Dex coins.
Coinbase has been in the limelight once again by announcing the listing of additional cryptocurrencies like
JUP,
TNSR, and
JTO. Despite the bearish market conditions, some
Perp Dex coins have managed to fare well, reinforcing the potential of
Perpetual Future decentralized exchanges to emerge in a rapidly evolving market.
PERP Coin News Analytics from Thu, 29 Jul 2021 07:00:00 GMT to Mon, 20 Jan 2025 15:20:22 GMT -
Rating 6
- Innovation 7
- Information 8
- Rumor 5
