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PERP, the token of the decentralized futures exchange Perpetual Protocol



The current Perpetual Protocol (PERP) price is $ 9.71 today on a 24-hour trading volume of $ 22.5 million. Perpetual Protocol is down 10.69% in the past 24 hours. However, it could break the top 100 if it begins to reverse its losses. Do you think this will happen? Here you can buy PERP for a good price.

What is PERP?

Perpetual Protocol is a decentralized exchange (DEX) for futures on Ethereum and xDai. Traders can take up to 10x leverage on a growing number of assets such as BTC, ETH, DOT, SNX, YFI, and other long or short positions. The trade is not custody, which means that traders will always be in possession of their assets, and that is in the chain. Perpetual Protocol uses a virtual automated market maker (vAMM) that provides on-chain liquidity with predictable prices set by constant product curves. In addition, Perpetual Protocol designed its vAMMs to be market-neutral and fully collateralised. The mission is to create the world's best, most accessible and most secure decentralized trading platform for derivatives.

Should I Buy PERP Today?

PERP can be a promising asset. However, take all investment recommendations with caution.

PERP price forecast

DigitalCoin is optimistic about PERP. They predict that the price of this cryptocurrency will increase in the next 5 years and reach USD 40.65 in 2026. The value is set to climb to $ 18.83 next year and continue to grow in 2023-2024.

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