Perennial
What is Perennial Finance?
Protocol:
Perennial is a DeFi-native derivatives primitive that allows for the creation of two-sided markets that trade exposure to an underlying price feed in a capital efficient manner.
App:
Perennial.finance is one of the frontends for the Perennial protocol.
How is Perennial different from other derivative protocols?
Perennial features a number of design decisions to keep it simple, modular and capital efficient:
USD Collateral - Trades settled in USD, not volatile cryptocurrencies, this simplifies the protocol mechanism and improves resilience.
High Leverage - Positions up to 50x are possible with the Perennial protocol.
Position Netting - Trades are matched against each other to ensure the protocol is capital efficient & that maker positions can cover larger trades.
Maker Vaults - Makers can LP directly with the protocol or use a Vault. This simplifies LP for users unfamiliar with providing liquidity.
Permissionless — Permissionless market creation, integration, and composability.
Does Perennial charge a platform fee?
Perennial has the option to apply a protocol level fee. However, at the moment the fee is 0 and there are no plans to increase it in the foreseeable future.
Does Perennial have plans for a token?
At this time, Perennial doesn't have plans to release a token.
How can I contact the Perennial team?
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