PERP is a protocol token for perpetual swap contracts, based on the design of an automated market maker, Perpetual Protocol can programmatically set and update the parameters of virtual AMM (x*y=k) and offer a competitive product for any given market at any time.

Perpetual Protocol news today, PERP crypto latest news of coin ticker

Perpetual Protocol

Introducing mark price, an upgrade that improves the fairness of trading on Perp, reduces the risk of price manipulation as well as the likelihood of bad debt.

Introducing Mark Price: A Fairer Reference Price for Margin Requirements

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📢An important update is on the horizon!📢

The introduction of mark price (scheduled for March 14th) will provide a more reliable reference price for the settlement of perpetual futures. 

Learn more in our latest blog post👇

https://perpprotocol.mirror.xyz/WRM9gzmceUa_f2FGNhf4-QtcKm2D_l9yUGEmaLapMZg

With this upgrade, the potential for market manipulation is reduced, as well as the likelihood of bad debt. Therefore, the upcoming mark price upgrade will contribute to a fairer and more secure trading experience on Perp! 

Please ensure your account is at a healthy level (margin ratio well above 10%) prior to the upgrade on March 14th.

An important update is on the horizon.