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Perpetual Protocol price

Perpetual Protocol pricePERP

Listed
Buy
$0.2726USD
+1.58%1D
The Perpetual Protocol (PERP) price in United States Dollar is $0.2726 USD as of 00:55 (UTC) today.
Perpetual Protocol price USD live chart (PERP/USD)
Last updated as of 2025-09-12 00:55:12(UTC+0)

Perpetual Protocol market Info

Price performance (24h)
24h
24h low $0.2724h high $0.27
All-time high:
$24.84
Price change (24h):
+1.58%
Price change (7D):
+6.21%
Price change (1Y):
-52.03%
Market ranking:
#963
Market cap:
$17,995,336.44
Fully diluted market cap:
$17,995,336.44
Volume (24h):
$5,723,157.8
Circulating supply:
66.00M PERP
Max supply:
--
Total supply:
150.00M PERP
Circulation rate:
44%
Contracts:
0xbc39...5233447(Ethereum)
Moremore
Links:
Buy/sell Perpetual Protocol now

Live Perpetual Protocol price today in USD

The live Perpetual Protocol price today is $0.2726 USD, with a current market cap of $18.00M. The Perpetual Protocol price is up by 1.58% in the last 24 hours, and the 24-hour trading volume is $5.72M. The PERP/USD (Perpetual Protocol to USD) conversion rate is updated in real time.
How much is 1 Perpetual Protocol worth in United States Dollar?
As of now, the Perpetual Protocol (PERP) price in United States Dollar is valued at $0.2726 USD. You can buy 1PERP for $0.2726 now, you can buy 36.68 PERP for $10 now. In the last 24 hours, the highest PERP to USD price is $0.2739 USD, and the lowest PERP to USD price is $0.2674 USD.
AI analysis
Today's hot spots in the crypto market

As of September 11, 2025, the cryptocurrency market is experiencing notable developments across various sectors, including regulatory changes, market performance, and institutional adoption.

Market Performance

Bitcoin (BTC) is currently trading at $113,897, reflecting a 1.45% increase from the previous close. Ethereum (ETH) stands at $4,416.34, up 2.13%. XRP has risen to $3.02, marking a 1.68% gain. Litecoin (LTC) is priced at $116.79, up 3.31%, while Cardano (ADA) is at $0.885, a 1.00% increase.

Regulatory Developments

The U.S. Securities and Exchange Commission (SEC) has unveiled an agenda to revamp cryptocurrency regulations and ease certain Wall Street compliance rules. The proposals aim to define the offer and sale of digital assets, potentially introducing exemptions and safe harbors. Additionally, the SEC is considering allowing crypto assets to be traded on national securities exchanges and alternative trading systems, signaling a significant shift toward integrating crypto into traditional financial markets. This policy change aligns with the current administration's pro-crypto stance, contrasting with the previous administration's stricter regulatory approach.

Institutional Adoption

Nasdaq has filed a proposal with the SEC to allow trading of tokenized securities on its main market. If approved, this initiative would make Nasdaq the first major U.S. stock exchange to embrace tokenized securities, blending traditional and digital finance within the existing national market system. The exchange emphasizes that tokenized assets must offer the same material rights as traditional securities to be treated equivalently and traded under the same rules. The first such trades could occur by Q3 2026, pending regulatory approval and infrastructure readiness.

Government Initiatives

President Donald Trump has announced the establishment of a Strategic Bitcoin Reserve and a United States Digital Asset Stockpile. The reserve is intended to elevate the digital asset sector, responding to what Trump described as previous administration attacks. The initiative marks a shift from a vague stockpile concept to naming specific cryptocurrencies, potentially purchased or held by the government for strategic purposes. The working group, chaired by the White House AI & Crypto Czar, is expected to provide recommendations by July 2025.

Market Sentiment and Economic Indicators

Recent data shows inflation is rising again but at a slower pace than analysts expected. Despite this moderation, market consensus indicates the Federal Reserve is unlikely to begin rate cuts before September 2025. This "higher for longer" policy stance typically leads to tighter financial conditions, potentially restricting liquidity flows into risk assets, including cryptocurrencies like BTC and ETH. Traders should monitor rate expectations closely, as extended high rates may pressure crypto market valuations and volatility.

Conclusion

The cryptocurrency market on September 11, 2025, is characterized by positive price movements, significant regulatory developments, and increased institutional adoption. Investors should stay informed about these evolving trends to navigate the dynamic crypto landscape effectively.

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Do you think the price of Perpetual Protocol will rise or fall today?

Total votes:
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0
Voting data updates every 24 hours. It reflects community predictions on Perpetual Protocol's price trend and should not be considered investment advice.
The following information is included:Perpetual Protocol price prediction, Perpetual Protocol project introduction, development history, and more. Keep reading to gain a deeper understanding of Perpetual Protocol.

Perpetual Protocol price prediction

When is a good time to buy PERP? Should I buy or sell PERP now?

When deciding whether to buy or sell PERP, you must first consider your own trading strategy. The trading activity of long-term traders and short-term traders will also be different. The Bitget PERP technical analysis can provide you with a reference for trading.
According to the PERP 4h technical analysis, the trading signal is Strong buy.
According to the PERP 1d technical analysis, the trading signal is Buy.
According to the PERP 1w technical analysis, the trading signal is Neutral.

What will the price of PERP be in 2026?

Based on PERP's historical price performance prediction model, the price of PERP is projected to reach $0.2762 in 2026.

What will the price of PERP be in 2031?

In 2031, the PERP price is expected to change by +23.00%. By the end of 2031, the PERP price is projected to reach $0.4756, with a cumulative ROI of +87.46%.

About Perpetual Protocol (PERP)

What Is Perpetual Protocol?

Perpetual Protocol is a decentralized exchange (DEX) launched in 2018 by Yenwen Feng and Shao-Kang Lee. It initially had the name "Strike" before rebranding to Perpetual Protocol. This platform distinguishes itself by enabling users to engage in leverage trading, short positions, and low slippage. Its foundation on the Ethereum blockchain and utilization of smart contracts for automated market makers (AMMs) positions it as a significant player in the DeFi space.

The protocol operates uniquely by employing a virtual Automated Market Maker (vAMM) system. Unlike traditional AMMs where assets are pooled, the vAMM facilitates price discovery without requiring actual asset storage, thus creating a virtual environment for trading. This innovation not only enhances the efficiency of the trading process but also aligns with the decentralized ethos of blockchain technology. Perpetual Protocol's commitment to decentralization is further evidenced by its transition towards a decentralized autonomous organization (DAO), empowering PERP token holders in governance decisions.

Resources

Official Website: https://perp.com/

How Does Perpetual Protocol Work?

Perpetual Protocol's operation hinges on two primary components: the virtual Automated Market Maker (vAMM) and an insurance fund. The vAMM, a novel variant in the AMM landscape, is designed for price discovery rather than spot exchange. It leverages mathematical functions to determine token prices, thereby eliminating the need for a traditional liquidity pool. This system is pivotal in maintaining the protocol's decentralized and efficient trading mechanism.

The protocol's structure includes a clearinghouse and a collateralization vault. The clearinghouse plays a crucial role in managing deposits from traders, recording margin amounts, and determining leverage. These deposits are then transferred to the collateralization vault, which safeguards trading positions and communicates with the vAMM for price updates. This dual-structured approach ensures a robust and secure trading environment.

Insurance funds are another critical aspect of Perpetual Protocol. They act as a safety net, protecting traders against unforeseen events or liquidations. Funded by a portion of transaction fees, these insurance funds grow with the network's usage. In scenarios where the insurance funds deplete, a smart contract mechanism kicks in to mint new PERP tokens, which are then sold for collateral, safeguarding the system's solvency.

What Is PERP Token?

PERP is the native token of Perpetual Protocol and plays a central role in its ecosystem. It has a total supply of 150,000,000 tokens. PERP is integral to the platform's governance, with plans for PERP holders to eventually assume full governance responsibilities. The token also offers staking opportunities, where stakers are rewarded with a share of the trading fees and newly minted tokens. This mechanism not only incentivizes participation but also aligns stakeholder interests with the network's growth and stability.

What Determines Perpetual Protocol’s Price?

The price of Perpetual Protocol (PERP), like many assets in the dynamic cryptocurrency market, is influenced by a confluence of factors, pivotal among them being market demand and supply dynamics. As a decentralized finance (DeFi) platform offering trading solutions, Perpetual Protocol attracts investors and traders looking for advanced leverage and trading options in the blockchain space. The level of adoption and usage of the platform directly impacts the demand for PERP tokens. When more traders utilize the platform for its leverage trading capabilities, the demand for PERP increases, potentially driving up its price. Additionally, the unique feature of no impermanent loss and up to 20x leverage on capital in a decentralized setting makes it an attractive option for DeFi enthusiasts, further influencing its market demand.

Another critical factor in determining PERP's price is the broader cryptocurrency market sentiment and trends. As with many digital assets, PERP's price is often correlated with the overall health of the crypto market, particularly the performance of major cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH). Bullish trends in these leading cryptocurrencies can create a positive ripple effect, boosting investor confidence in altcoins like PERP. Moreover, the platform's technical developments, governance decisions by PERP token holders, and updates to its decentralized exchange (DEX) infrastructure can significantly impact investor perception and, consequently, the token's price. In the rapidly evolving blockchain ecosystem, regulatory news and global economic factors also play a role, as they can affect investor sentiment and the attractiveness of crypto assets as investment vehicles.

For those interested in investing or trading Perpetual Protocol, one might wonder: Where to buy PERP? You can purchase PERP on leading exchanges, such as Bitget, which offers a secure and user-friendly platform for cryptocurrency enthusiasts.

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Bitget Insights

Elizaveta_12
Elizaveta_12
1d
TRADOOR Setup — Diagonal Support Holds, Next Liquidity Stack Above
$TRADOOR is showing diagonal/ascending support with stacked overhead liquidity after a Bitget listing — safe buys are buy-spikes in the green band (2.128–2.132) with strict structural stop at 2.111; aggressive breakout requires hourly reclaim above ~2.395 with >20-hr average volume. Bitget listing and campaign create short-term flow but this is still a thin-book, low-cap situation — treat position sizing and stop management as priority. Technical summary & trade plan (explicit) Structure: price compressed on ascending diagonal support (green shelf). Liquidity stacked above near 2.395 → 2.448 → 2.556. Short-term bias: neutral until either (A) clean retest and hold green shelf (bull bias) or (B) hourly close below 2.111 (bear flip). Actionable plans (pick one): A) Momentum (aggressive) Condition: hourly close > 2.395 with volume ≥ 20-hr avg. Entry ladder: 2.396 – 2.402 on confirmed retest. Stop: 1.5× ATR below entry (use TradingView ATR(14) reading; example below). Targets: T1 2.448 (trim 20–40%) → T2 2.480–2.528 (scale) → stretch to 2.556. B) Retest (safer) Condition: bullish wick + buy spike inside 2.128 – 2.132. Entry ladder: 2.130 across the band. Stop: close < 2.111 (structural). Targets: 2.395 → 2.448; scale as breakout confirms. C) Defensive / short (if structure fails) Condition: hourly close < 2.111 with rising sell volume. Action: reduce longs; consider light short after clean breakdown. Targets: 2.050–2.080; stop back above 2.180. Pre-trade checklist (hard pass/fail): hourly candle confirmation, volume ≥ 20-hr avg or OBV confirm, price > VWAP for longs, EMA ribbon / MACD alignment, no single whale sell wall at immediate resistance. Example sizing (numeric, step-by-step) Use these examples to convert risk into position size. Account = $10,000, risk = 1% = $100. Momentum example (illustrative) Entry = 2.400, Stop = 2.374 → distance = 0.026. Calculation: distance = 2.400 − 2.374 = 0.026. Size (units) = Risk / distance = 100 ÷ 0.026. Step-by-step: 100 ÷ 0.026 = 100 ÷ 0.026 → multiply numerator and denominator by 1000 → 100,000 ÷ 26 = 3,846.1538 → round to 3,846 TRADOOR. Entry cost = entry × size = 2.400 × 3,846 = (2.4 × 3846) = (3846 × 24) ÷ 10 = 92,304 ÷ 10 = $9,230.40. Retest example Entry = 2.130, Stop = 2.111 → distance = 0.019. Distance = 2.130 − 2.111 = 0.019. Size = 100 ÷ 0.019 = 100,000 ÷ 19 = 5,263.1579 → 5,263 TRADOOR (rounded). Entry cost = 2.130 × 5,263 = (2.13 × 5263) = (5263 × 213) ÷ 100 = (1,052,600 + 68,419) ÷ 100 = 1,121,019 ÷ 100 = $11,210.19. Always round sizes to a whole token and re-check with your exchange (slippage, minimal order sizes). Use 1.5× ATR for initial stops when ATR is available on your session. Macro & sector context (how TRADOOR fits) Exchange listing catalyst: TRADOOR was recently listed on Bitget (Innovation Zone), which typically brings large short-term inflows, airdrop/campaign participation, and heightened orderflow — expect elevated turnover and volatility around listing and campaign windows. Altcoin rotation: low-cap listings often move independently of BTC/ETH for short windows; however, sustained moves usually require broader altcoin strength or sector tailwinds (higher spot volume, lower BTC dominance). TRADOOR’s volume → market-cap turnover is currently high, signaling speculative flow rather than organic adoption. Tokenomics & supply flows Circulating supply: ~14.35M TRADOOR (about 23.9% of max 60M according to aggregators). Max supply / FDV: max supply 60,000,000 → FDV = price × 60M (watch if large locked allocations unlock). Concentration & incentives: public summaries show a concentrated holder base and aggressive affiliate/fee share programs (affiliate commissions cited in project overview), both of which can cause large single-wallet moves and high short-term volume. If the team/whales sell or unlock tokens, price pressure can appear quickly. What to watch here: vesting / unlock schedule (project docs / token contract), major whale addresses on block explorers, and any team or treasury wallet transfers to exchanges. On-chain signals & flows Exchange flows: monitor inflows to Bitget and other exchanges — sudden inflow → higher sell pressure potential; sustained outflow → accumulation narrative. Bitget listing pages and explorer data should be watched. Holder growth / active addresses: growing unique holders and transfer counts usually precede more sustainable liquidity; look at on-chain explorers for TRADOOR contract . Futures & funding: if perpetuals open on major venues, funding positivity/negativity affects risk-on flow — check Bitget/perp OI and funding once available. Sentiment & community Campaign noise: Bitget campaign + $12k TRADOOR reward increases short-term community participation and likely retail buy pressure. Expect high chatter in Telegram / TradingView ideas and a wave of inexperienced traders entering. Social signals to check: daily mentions on Twitter / TG, TradingView idea sentiment, and number of new holders (on-chain). If social sentiment spikes without on-chain accumulation, treat as FOMO. Market microstructure (orderbook, liquidity) Orderbook depth: low-cap listings often have thin depth above key resistance — look for concentrated asks at 2.395–2.448; large limit asks create resistance and wick zones. TradingView / Bitget orderbook snapshots show thin books beyond mid resistance. Slippage risk: when placing laddered entries, split orders across 2–4 fills to limit market impact. Avoid oversized single market buys in thin books. Spread & gas: on DEX pairs, spreads can widen — check quoted spread before placing orders, and build in slippage tolerance only as needed. Extended scenarios & timeframes Bull (fast breakout): reclaim 2.395 with >20-hr avg volume → measured run to 2.448 → 2.528 → 2.556. Expect wick tests at each supply cluster. Base (range): consolidation between 2.128–2.395 while volume normalizes — this gives multiple reentry opportunities for patient traders. Bear (structural fail): hourly close < 2.111 → slide toward 2.050–2.080 and possibly deeper if large sell flows or token unlocks occur. For longer-term holders: watch token unlocks/vesting and sustained user metric growth (volume, active traders on the protocol). Short-term, listing campaigns can create big spikes but also rapid returns/churn. Execution checklist & daily watchlist (practical) Confirm hourly candle + volume. Volume ≥ 20-hr average or OBV confirming flow. Price > VWAP for new long entries. No single large sell wall at immediate resistance (orderbook check). On-chain: no large deposit spikes to exchanges. News: check Bitget campaigns/withdrawal status before and after trades. Risk management (explicit rules) Max position per trade: no more than 2–3% of account on aggressive plays; 0.5–1% recommended for single low-cap names. Use 1.5× ATR for initial stops (ATR from TradingView on your session). Trim 20–40% at T1, scale out into resistance. Move stop to breakeven after first partial target. Immediate full exit if hourly candle closes below structural invalidation (2.111). Safe play: wait for buy spike 2.128–2.132 with wick + volume; stop <2.111. Aggressive: hourly reclaim >2.395 with >20-hr average volume → ladder to 2.396–2.402, targets 2.448 → 2.480–2.528 → 2.556. Risks: thin orderbook, concentrated token holders, listing campaign flip (fast in/out). Use strict sizing and ATR stops; trim into strength.
BTC+0.46%
ETH+1.33%
𝕋𝕖𝕞𝕞𝕪🦇🔊
𝕋𝕖𝕞𝕞𝕪🦇🔊
1d
Some profitable narratives you can go all in for: &gt; stablecoin &gt; prediction market &gt; AI &gt; robotics &gt; defi &gt; RWA &gt; perp remember: going all in means going all in, not just buy tokens. What else did i miss?
PERP+0.62%
RWA+1.01%
CoinQuestOfficial
CoinQuestOfficial
1d
⚠️ Altcoins are overloaded with leverage right now. • BTC market cap dominance: 58% • BTC open interest dominance: 38% Leverage in alts is nearly 50% higher than BTC, even though their market cap is 40% smaller. We saw the same setup in Dec 2024 and alts crashed hard. That’s why I’m cautious… perp-driven rallies usually don’t last.
BTC+0.46%
PERP+0.62%
Thalapathypra23
Thalapathypra23
1d
perp dex on a surge $TRADOOR is a next big thing after $HYPE . 60 Million Total Supply 14.5 millions only on Circulation .Do the Math 😉 1.6$ is a Key support put your Resistance on Top 🤫 Expecting Huge Volume coming weeks
HYPE+0.42%
PERP+0.62%

PERP/USD price calculator

PERP
USD
1 PERP = 0.2726 USD. The current price of converting 1 Perpetual Protocol (PERP) to USD is 0.2726. Rate is for reference only. Updated just now.
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PERP resources

Perpetual Protocol ratings
4.4
100 ratings
Contracts:
0xbc39...5233447(Ethereum)
Moremore
Links:

What can you do with cryptos like Perpetual Protocol (PERP)?

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How do I buy Perpetual Protocol?

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What is Perpetual Protocol and how does Perpetual Protocol work?

Perpetual Protocol is a popular cryptocurrency. As a peer-to-peer decentralized currency, anyone can store, send, and receive Perpetual Protocol without the need for centralized authority like banks, financial institutions, or other intermediaries.
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Global Perpetual Protocol prices

How much is Perpetual Protocol worth right now in other currencies? Last updated: 2025-09-12 00:55:12(UTC+0)

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FAQ

What is the current price of Perpetual Protocol?

The live price of Perpetual Protocol is $0.27 per (PERP/USD) with a current market cap of $17,995,336.44 USD. Perpetual Protocol's value undergoes frequent fluctuations due to the continuous 24/7 activity in the crypto market. Perpetual Protocol's current price in real-time and its historical data is available on Bitget.

What is the 24 hour trading volume of Perpetual Protocol?

Over the last 24 hours, the trading volume of Perpetual Protocol is $5.72M.

What is the all-time high of Perpetual Protocol?

The all-time high of Perpetual Protocol is $24.84. This all-time high is highest price for Perpetual Protocol since it was launched.

Can I buy Perpetual Protocol on Bitget?

Yes, Perpetual Protocol is currently available on Bitget’s centralized exchange. For more detailed instructions, check out our helpful How to buy perpetual-protocol guide.

Can I get a steady income from investing in Perpetual Protocol?

Of course, Bitget provides a strategic trading platform, with intelligent trading bots to automate your trades and earn profits.

Where can I buy Perpetual Protocol with the lowest fee?

Bitget offers industry-leading trading fees and depth to ensure profitable investments for traders. You can trade on the Bitget exchange.

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Cryptocurrency investments, including buying Perpetual Protocol online via Bitget, are subject to market risk. Bitget provides easy and convenient ways for you to buy Perpetual Protocol, and we try our best to fully inform our users about each cryptocurrency we offer on the exchange. However, we are not responsible for the results that may arise from your Perpetual Protocol purchase. This page and any information included are not an endorsement of any particular cryptocurrency. Any price and other information on this page is collected from the public internet and can not be consider as an offer from Bitget.