#82. Perpetual Protocol (PERP)
Price of 1 Perpetual Protocol (PERP) = $22.74 AUD
Perpetual Protocol was launched in late 2019, originally under the name of Strike Protocol. Perpetual Protocol builds on an Uniswap-inspired automated market maker (AMM) design (constant product curve). Perpetual Protocol’s liquidity pool (k) is virtualized and determined algorithmically. Rather than rely on liquidity providers to determine the curve of a given market, Perpetual Protocol can programmatically set and update the parameters of the virtual AMM (x*y=k) and offer a competitive product for any given market at all times.
PERP Price Analysis
The price of PERP has gone up 9.86% in the past 24 hours.
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