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

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We've joined hands with Drift Protocol & GMX to unite around the promise of DeFi!

Transparency, Immutability, and Decentralization

By building an aggregated dashboard, we want to commit to greater levels of transparency and provide full visibility into the financial health of our protocols to further differentiate ourselves from our centralized counterparts: https://blockworks.co/news/derivative-dexes-restore-trust

The new proof-of-reserves dashboard in collaboration with analytics platform Nansen will show the health of our protocols in real-time, with information on proof of collateral deposits: https://portfolio.nansen.ai/dashboard/perpetual-protocol

As we at Perpetual Protocol have always cared about transparency, anyone can check our public Dune Analytics dashboard for additional insights, including data such as insurance funds, fee revenue, liquidation and clearing house balance: https://dune.com/yenwen/perpetual-protocol_2

We've joined hands with Drift Protocol & GMX to unite around the promise of DeFi.