Perpetual Protocol (PERP) trading has witnessed a significant surge as revealed by the open interest figures of BTC perp futures. The PERP volume has stayed buoyant, with cryptocurrency ETF odds climbing and Solana price predicted to break $180. Notably, the first
Bitcoin-native PerpDEX was launched by Velar, bringing DeFi to Bitcoin. PERP's volume on hyperliquid was bolstered by listings of TRUMP and MELANIA, with the daily volume reaching $21B. Other futures were added to Coinbase, including AERO, BEAM, and DRIFT.
Synthetix launched multi-collateral perps, while notorious tokens like PENGU, POPCAT, and HNT found their way to Coinbase's list of futures. Companies like
Raydium and State of Crypto Perpetuals continued to innovate in the PERP market. Developments like these indicate the growth and dynamism in the sector, and look forward to
2025 as the year of mass adoption for Perpetual DEXs. The sector is also witnessing a rise in more derivative exchanges with robust open interest and trade volume. However, the picture is not all rosy; Hyperliquid delisted JELLY perps due to 'suspicious' activity, while the BERA-PERP market was halted on Coinbase platforms.
PERP Coin News Analytics from Thu, 24 Oct 2019 13:44:35 GMT to Sat, 03 May 2025 07:00:00 GMT -
Rating 7
- Innovation 5
- Information 8
- Rumor -3
