Perpetual Protocol (PERP) has made significant strides with a 50% surge attributed to listings of
Zora and Base ecosystem flows. The protocol's evolutionary status is apparent in the high-performing crypto market, with
Hyperliquid leading a $487B surge in decentralized crypto trading in July alone, with the
Perp DEX market boasting a dominating $319B trading volume. PERP's arrival in the U.S introduced
perpetual futures, causing quite a stir, especially with the launch of CFTC-regulated Perp futures to U.S traders. The market also recorded a $248 Billion Perp volume, breaking Binance dominance in May, thanks to Hyperliquid. Perpetual DEXs, such as
Superp on the horizon, are poised to dominate the market. The
Perpetual Protocol token gained noticeable attention in price fluctuations, with PERP Exchange witnessing Bitcoin's price hitting $100k. More futures trading platforms are taking interest in PERP, further boosting its significance in the market.
Synthetix launched a multi-collateral Perp on Base, marking a significant step for the protocol. The trading volume on
Pyth is expected to increase up to 10x with the launch of Coinbase's international perps exchange offering 5x leverage. Strong support from established exchanges like Coinbase further propels PERP, given Coinbase pro's expanded acceptance of transfers from PERP.
PERP Coin News Analytics from Mon, 08 Feb 2021 09:49:16 GMT to Tue, 12 Aug 2025 01:11:00 GMT -
Rating 8
- Innovation 7
- Information 8
- Rumor 5
