The cryptocurrency market, particularly in relation to **Perpetual Protocol (PERP)**, is experiencing significant changes and growth. **Coinbase**, a leading cryptocurrency exchange, has recently announced their new **Coinbase 50 Index**, which aims to provide a global crypto benchmark and tracks top 50 digital assets including Bitcoin, Ethereum, and Solana, underlining its commitment to better serve its users and promote transparency within the crypto industry. Amid these developments, the price of **Perp Coin** has seen notable appreciation, sparking interest and speculation within the market. This surge isn't unwarranted; **Perpetual DEX** sector is making huge strides and the introduction of **multi-collateral perps** on Base is causing a spark in the market. **Coinbase** is also significantly expanding its offerings by adding perpetual futures for several coins, including AERO, BEAM, DRIFT, PENGU, POPCAT, and HNT. This sort of aggressive expansion isn't cautionless, certain markets like **BERA-PERP** and **AI16Z-PERP** has entered halt mode on Coinbase due to excessive volatility.High trading volumes are increasingly being reported by such platforms like **HyperLiquid**, which recorded a net outflow of $60 million in USDC, indicating the emerging vibrancy of perp-focused platforms. Perp DEXes records a significant growth which might be correlated with Solana's price jumping 3%.Notable launches such as ARPA Chain (ARPA), Bounce (AUCTION), and Perpetual Protocol (PERP) on **Coinbase Pro** further illustrates this evolution. Lastly, **PERP's** price is driven by multiple factors including listing announcements, like the recent listing of Solana and Avalanche futures contracts from November 14.**
PERP Coin News Analytics from Mon, 08 Feb 2021 09:49:16 GMT to Wed, 26 Mar 2025 12:33:17 GMT -
Rating 8
- Innovation 7
- Information 7
- Rumor 4
