Perpetual Protocol (PERP) continuously marks its position in the cryptocurrency market with widespread activity and listing on platforms. Coinbase, with its new Coinbase 50 index, an international crypto benchmark, and other global platforms have welcomed
PERP trading, creating an enhanced trading ecosystem. Notably,
PERP's listing on Coinbase International and Advanced Platforms, along with listings and full trading services for various other cryptocurrencies like PENGU, POPCAT, and HNT, significantly benefitted its growth. Further, DeFi protocols such as Bluefin and Synthetix are incorporating perpetual trading, a testament to its popularity.
Perpetual Protocol has also been integral in the growth of 'perps' trading on Solana and the expansion of the overall crypto futures market. It even saw an extraordinary milestone, with Defi Perp Protocol Hyperliquid, powered by PERP, hitting $21B in daily volume, emphasized by listings of TRUMP and MELANIA. Similarly, the Perp-focused HyperLiquid experienced a substantial $60M in USDC net outflows. However, the suspension of FTM-PERP trading on Coinbase foreshadowed a potential price dip, indicating market volatility. More interestingly,
Perpetual Protocol remains at the helm of developing innovations like multi-collateral perps, Liquid Staking, and others. Despite uncertain price movements in the bear market,
PERP stands as one of the top performers showcasing resilience. Even in the turbulent memecoin market, Coinbase's PERP futures listing helped mitigate price dips. Finally,
PERP continues to foster innovation with the launch of first permissionless perp DEX by Surf Protocol and ARPA Chain, Bounce, and
Perpetual Protocol launch on Coinbase Pro.
PERP Coin News Analytics from Mon, 08 Feb 2021 09:49:16 GMT to Fri, 07 Mar 2025 06:53:37 GMT -
Rating 5
- Innovation 7
- Information 6
- Rumor 3
