↑ Multifaceted Gains: A Glimpse at the PERP Coin's Performance and Innovation
Solana is potentially leading the global tokenization market and hyperliquidating the Perpetual Protocol, partnering with Hedge Fund. People are...
The cryptocurrency landscape is experiencing a significant shift with growing adoption and activity around Perpetual Protocol (PERP), garnering attention from major crypto platforms such as Coinbase. The CFTC hints at approving crypto perp futures in the near future, which could bring even more liquidity to this market. Bitcoin is showing great potential for integration into Defi through projects like Velar's Bitcoin-Native PerpDEX. In the meantime, Coinbase has been expanding their efforts around perpetual trading, listing assets such as PENGU, POPCAT, and HNT futures.
Furthermore, DEFI Perp Protocol Hyperliquid records exceptional performance with a $21B daily volume, partly driven by listings such as TRUMP and MELANIA. Raydium, a major AMM on Solana, is eyeing dominance in the perps market. Meanwhile, Synthetix revamps its platform launching multi-collateral perps on Base.
Despite periods of instability, with HyperLiquid recording a record $60M in USDC net outflows, the future looks promising for PERP, especially as DeFi leaders form a tokenized asset coalition to further Blockchain adoption.
Despite a few setbacks in trading, like the suspension of EOS-PERP trading by Coinbase, developments such as Bluefin bringing perp trading to Sui and the anticipated listing of Toshi, Gigachad, and The Graph Perpetual Futures on Coinbase signal the growth of this market segment.
PERP Coin News Analytics from Thu, 24 Oct 2019 13:44:35 GMT to Wed, 04 Jun 2025 18:44:57 GMT - Rating 7 - Innovation 6 - Information 8 - Rumor 6