Perpetual Protocol price AUD (PERP)
Perpetual Protocol price chart
The below Perpetual Protocol price chart tracks the price of Perpetual Protocol against AUD over time. The rate shown is indicative only as actual buy / sell rates depend on market liquidity and fees at the time of quotation.
$1.089611
- %
Low: $
High: $
$1.089611
Low: $
High: $
- %
Market cap
$77.1M
Volume 24hr
$23.3M
Supply
72.6M PERP
Max supply
150.0M PERP
What is Perpetual Protocol?
✓Perpetual contracts ✓Supports derivatives ✓Low slippage
Perpetual Protocol is a decentralized protocol that facilitates perpetual contracts for every asset. A staple of traditional finance, a perpetual contract is a derivative similar to a futures contract but without an expiry date. While the protocol currently supports cryptocurrency derivatives, in the future, it can support other assets like oil, gold, and fiat.
The Perpetual Protocol can support 20x leverage, short positions, and offers lower slippage compared to competing Automated Market Makers. This is possible, as the protocol uses a virtual Automated Market Maker (vAMM), which is fully collateralized and uses an asset’s price feed to create a market, instead of relying on a counterparty.
PERP, the platform’s native utility token, is used to vote on governance decisions and stake on the platform. The Perpetual Protocol, formerly known as Strike, was launched in 2019 by the serial entrepreneurs Yenwen Feng and Shao-Kang Lee.
How do I buy Perpetual Protocol?
- Deposit funds into your Cointree account using our fast and convenient options.
- Enter the amount of Perpetual Protocol that you would like to buy.
- Confirm your purchase and Perpetual Protocol will be instantly delivered to your Cointree account.
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Why is Cointree the best place to buy Perpetual Protocol in Australia?
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Easily deposit Australian dollars using a convenient method such as PayId/OSKO and then simply follow our step-by-step instructions to make your first purchase of Perpetual Protocol.
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What can you do with your Perpetual Protocol?
Deposit Perpetual Protocol
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Hold Perpetual Protocol
Many members buy and hold their Perpetual Protocol as a long-term investment. You can hold your Perpetual Protocol in your free multicoin wallet on Cointree or transfer it to a private wallet.
Trade Perpetual Protocol
You can instantly trade any portion of your Perpetual Protocol for any other digital currency within just a few clicks, and at the lowest rates in Australia.
Send Perpetual Protocol
When you buy Perpetual Protocol in Australia with Cointree, you can quickly and easily send your Perpetual Protocol to any other Perpetual Protocol wallet.
Spend Perpetual Protocol
You can spend Perpetual Protocol purchased in Australia when you’re online shopping or in physical stores. More and more Australian businesses are accepting Perpetual Protocol every day.
Learn About Perpetual Protocol
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