Perpetual Protocol

Perpetual ProtocolPERP

Decentralized perpetual contract protocol

About Perpetual Protocol

Community

Perpetual Protocol is a decentralized protocol for perpetual contracts on any asset, powered by a Virtual Automated Market Maker (vAMM). The project aims to create new financial instruments by democratizing futures and other crypto-asset derivatives. Thanks to its virtual AMM (vAMM) design, the protocol is capable of supporting 20x leverage, short positions, and lower slippage compared to other AMMs.

Team Members

Yenwen Feng
Yenwen FengCo-Founder
Shao-Kang Lee
Shao-Kang LeeCo-Founder
Nick Tong
Nick TongHead of Strategy

Investors

Multicoin CapitalMulticoin Capital
CMS HoldingsCMS Holdings
Three Arrows CapitalThree Arrows Capital
Alameda ResearchAlameda Research
YZi LabsYZi Labs

Fundrasing details

Funding RoundAmountValuation
Date
Investors
--
$1.80M
$12.00M
2020-08-24
Multicoin CapitalMulticoin Capital*
CMS HoldingsCMS Holdings
+ 2
--
--
--
2020-03-31
YZi LabsYZi Labs

Subsidiary Organizations

Nekodex
Nekodex
DEX with gas-less