↑ Tectonic shifts in Crypto: Surge, Suspensions, and Support for PERP Coin
Perpetual Protocol (PERP) , a leading player in the cryptocurrency market, has been a significant focus in recent news. It has become evident that...
Perpetual futures have recently been introduced to the U.S. market. Coinbase has taken the lead by offering CFTC-regulated perp futures to traders in the United States. As one of the most versatile platforms, Coinbase has also implemented the PUMP-PERP initiative that enables pre-market trading at a 40% premium. Hyperliquid has shown significant growth in the perp market, hitting a high of $43 as the perp volume continues to boom. Perp-focused protocols like Hyperliquid have experienced record USDC net outflows on a daily basis.
Overall, the perp DEX sector is flourishing with LOGX leading an outstanding 1,070% surge in trading volume. The BNB Chain also set a new record of a monthly perp volume of $33.29 billion. With Coinbase leading the way, mass adoption of perpetual DEXs is anticipated by 2025. Can Solana continue to keep the perp volume hot and break $180 mark or will the momentum shift towards other coins?
As the waves of innovation churn, Decentralized Derivatives are making their presence felt with the rising popularity of perpetual future DEXs. Synthetix has launched multi-collateral perps while Velar offers a new Bitcoin DEX with yield and liquidity for BTC holders. In addition, Sushiswap may launch a perp DEX on the Sei Network. This fluctuating landscape offers fertile ground for massive growth and careful investments.
PERP Coin News Analytics from Mon, 08 Feb 2021 09:49:16 GMT to Tue, 22 Jul 2025 18:33:51 GMT - Rating 7 - Innovation 8 - Information 9 - Rumor 3