Token Volume: 150,000,000
Perpetual Protocol consists of two parts: one is a virtual AMM inspired by Uniswap, supported by a fully pledged repository; the other is built-in pledge pool support, which provides support for each virtual market. PERP is the ERC-20 native protocol token of Perpetual Protocol. PERP holders can provide support for the agreement by pledging PERP. In return, the pledger will receive part of the transaction fees and pledge rewards. Once the ecosystem matures and a wider range of tokens are issued, Perpetual Protocol will gradually transition to community governance, allowing the community to determine the future development of the protocol.