Perpetual Protocol (PERP) Gets Listed on KuCoin!
Dear KuCoin Users,
KuCoin is extremely proud to announce yet another great project coming to our trading platform. Perpetual Protocol (PERP) is now available on KuCoin. Supported trading pairs are PERP/USDT, PERP/BTC.
Please take note of the following schedule:
- Deposits Effective Immediately (Supported Network: ERC20)
- Trading: 9:00 on October 27, 2021 (UTC)
- Withdrawal: 10:00 on October 28, 2021 (UTC)
Tags: DeFi, Derivatives, AMM
Project Summary
| Total Supply | Market Cap | Issue Date | Consensus Protocol |
| 150,000,000 PERP | $1,153,841,329 | 2020-09-09 | ERC20 |
| Circulating Supply | 24hr Volume | Issue Price | Cryptographic Algorithm |
| 68,700,000 PERP | $40,770,742 | $1.2 | - |
* The key metric numbers are calculated as of October 26, 2021
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.
Official Website: https://www.perp.fi
Official Twitter: https://twitter.com/perpprotocol
Know more: https://perpetualprotocol.medium.com
White paper: Click to view
Risk Warning: Investing in cryptocurrency is akin to being a venture capital investor. The cryptocurrency market is available worldwide 24 x 7 for trading with no market close or open times. Please do your own risk assessment when deciding how to invest in cryptocurrency and blockchain technology. KuCoin attempts to screen all tokens before they come to market, however, even with the best due diligence, there are still risks when investing. KuCoin is not liable for investment gains or losses.
Regards,
The KuCoin Team
Find The Next Crypto Gem On KuCoin!