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Perpetual Protocol

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Perpetual Protocol is a decentralized derivatives exchange where users can trade perpetual futures with up to 10 times leverage on assets like BTC, ETH, DOT, and LINK. It operates on Ethereum and Optimism using a virtual AMM combined with on-chain collateral vaults to provide liquidity without impermanent loss. An insurance fund funded by trading fees protects against extreme market events. The native PERP token is used for governance and staking rewards. Trading is non-custodial and permissionless through Web3 wallets, giving users full control of their funds.
Website: perp.exchange

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