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Perpetual Protocol is a decentralised platform designed to facilitate perpetual swaps, a type of futures contract that doesn't have an expiry date. Originating from the vision to democratize global access to decentralised derivatives trading, Perpetual Protocol was launched on the Ethereum blockchain with a focus on scalability and accessibility. Utilizing an automated market maker (AMM) model, it incorporates a virtual AMM (vAMM) design to provide on-chain liquidity with predictable pricing. This ensures traders can maintain or gain exposure to various assets with leverage, without owning them. Perpetual Protocol's governance is community-driven, allowing token holders to participate in decision-making processes, ensuring the platform evolves in line with user needs. At its core, Perpetual Protocol aims to deliver a secure and efficient trading environment for users around the world.
