LogoLogo
HomeApp
  • 👋Introduction to Perennial
  • 🌸Perennial Petals
    • 💰Trading Competition - Flight School
  • ⛓️Perennial Chain
    • 🌺Mainnet
    • 🌼Testnet
  • 📚Guides
    • Bridging to Perennial
    • Create an Account
    • Place a limit order
    • Bridging from Perennial
  • 🏗️Protocol
    • 🏛️Markets
      • 📝Market Design
      • 🔮Oracles & Settlement
      • 📈Payoff & Positions
      • 💰Trading Fees & Price Impact
      • ⚖️Funding & Interest Rate
      • 🌊Leverage & Liquidations
      • 👩‍🌾Liquidity Provisioning
      • 📝Advanced Order Types
      • 💵Collateral
    • 📬Intents
      • 📑Mechanism
      • 🔗Offchain Infrastructure
      • 🏦Intent Solvers (Makers)
      • 📑Specification
    • 🛄Collateral Accounts
    • 🏦Vaults
    • 💽Codebase
    • 🛑Protocol Risks
  • 🏗️Building on Perennial
    • Why Perennial?
    • Before Integrating
    • Frontend & Client Integrations
    • Smart Contract Integrations
    • Offchain Infrastructure
    • Guides
      • ✏️Creating a New Market
      • 👂Subscribe to Market Updates
  • ⁉️Frequently Asked Questions
    • Perennial
    • Trading
    • Markets
    • Fees
  • 📡Protocol Info
    • Markets & Vaults
    • Protocol Contracts
  • 🔐Security
    • Audits & Bug Bounty
  • 🎉Perp.Fun
    • Introduction
    • Autopilot
      • Weekly Autopilot Rewards
Powered by GitBook
On this page
  • What is Perennial Finance?
  • How is Perennial different from other derivative protocols?
  • Does Perennial charge a platform fee?
  • Does Perennial have plans for a token?
  • How can I contact the Perennial team?
  1. Frequently Asked Questions

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?

PreviousSubscribe to Market UpdatesNextTrading

Last updated 5 months ago

You can message a team member on the Perennial or email

⁉️
Discord server
info@perennial.finance