Coinbase has been instrumental in driving the growth of
PERP Coin or
Perpetual Protocol in the recent past. The launch of the
Coinbase 50 Index along with the listing and trading expansion of PERP and other coins proves to be beneficial. A new surge in the price of the
Perpetual Protocol (PERP) has been noticed, along with increases in volume on platforms like
HyperLiquid due to new listings and
TRUMP and
MELANIA derivatives.
Solana (SOL), a major player in the sector, targets PERP traders, and their involvement has skyrocketed the daily volumes of Perp DEXes. Moreover, the umbrella protocol,
Synthetix has launched multi-collateral perps that could potentially disrupt the market positively. There is an apparent surge in activity on
HyperLiquid, and the inception of full-trading modes for coins like
CAKE-PERP and
BRETT-PERP shows promising potential. Temporary halts in markets such as
BERA-PERP have created a momentary setback but the continuous launching of new coins is a positive sign.
Perp DEX markets, such as those powered by
Solana and
Pyth, have seen a significant increase in volume. The
Blockchain technology has evolved exceptionally, and coins like
BSX are launching on advanced tech tiers like the
Base Layer-2 blockchain. Furthermore, mention-worthy upsurges were seen in
BOME Meme Coin following its support announcement by Coinbase.
Notably, coins like
LDO,
PERP, and
MASK have been accumulated by
Jump Trading as well. The scope of offerings is expanding to include features like 'Perp DEX with Defined Risk'. Future market trends are becoming increasingly geared towards
Decentralized Derivatives and
Perpetual future DEXs. The sudden
Bitcoin drop has initiated a pump in the
Altcoin markets. Although
Binance cites low trading activity for slashing
GALA and
PERP pairs, the future of PERP looks promising, especially with the raft of listings in the pipeline.
PERP Coin News Analytics from Thu, 01 Aug 2019 07:00:00 GMT to Wed, 26 Mar 2025 15:15:00 GMT -
Rating 5
- Innovation 6
- Information 8
- Rumor 2
