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.

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The first rewards of the updated referral program have been distributed! 🎉

All referral partners and traders that have locked at least 10 PERP into vePERP before October 13th, 00:00 UTC can claim their rewards on https://token.perp.com/referral

Reminder: if you haven't already, bridge PERP to Optimism and lock into vePERP to migrate to the new referral program.

The first rewards of the updated referral program have been distributed.