PERPPerpetual Protocol price AUD (PERP)

Perpetual Protocol price chart

The below Perpetual Protocol price chart tracks the price of Perpetual Protocol against AUD over time. The rate shown is indicative only as actual buy / sell rates depend on market liquidity and fees at the time of quotation.

Market cap

$61.5M

Volume 24hr

$9.3M

Supply

72.6M PERP

Max supply

150.0M PERP

What is Perpetual Protocol?

✓Perpetual contracts ✓Supports derivatives ✓Low slippage

Perpetual Protocol is a decentralized protocol that facilitates perpetual contracts for every asset. A staple of traditional finance, a perpetual contract is a derivative similar to a futures contract but without an expiry date. While the protocol currently supports cryptocurrency derivatives, in the future, it can support other assets like oil, gold, and fiat.

The Perpetual Protocol can support 20x leverage, short positions, and offers lower slippage compared to competing Automated Market Makers. This is possible, as the protocol uses a virtual Automated Market Maker (vAMM), which is fully collateralized and uses an asset’s price feed to create a market, instead of relying on a counterparty.

PERP, the platform’s native utility token, is used to vote on governance decisions and stake on the platform. The Perpetual Protocol, formerly known as Strike, was launched in 2019 by the serial entrepreneurs Yenwen Feng and Shao-Kang Lee.

How do I buy Perpetual Protocol?

  1. Deposit funds into your Cointree account using our fast and convenient options.
  2. Enter the amount of Perpetual Protocol that you would like to buy.
  3. Confirm your purchase and Perpetual Protocol will be instantly delivered to your Cointree account.

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Why is Cointree the best place to buy Perpetual Protocol in Australia?

Easy and convenient

Easily deposit Australian dollars using a convenient method such as PayId/OSKO and then simply follow our step-by-step instructions to make your first purchase of Perpetual Protocol.

Fast and transparent

Buy Perpetual Protocol in Australia within minutes. Our low fees are backed up with transparent quotes, so you can buy more Perpetual Protocol with every dollar invested.

Safe and secure

Buy Perpetual Protocol with confidence knowing that you're using an AUSTRAC regulated Australian exchange that's been operating since 2013 and is protected with bank-level encryption.

Made for you

An intuitive platform built for our members, featuring 100’s of coins and thousands of trading pairs. Plus, tracking of your portfolio performance can be done with ease.

What can you do with your Perpetual Protocol?

Deposit Perpetual Protocol

Continue to grow your crypto portfolio by instantly depositing Perpetual Protocol or other digital currencies into your Cointree account.

Hold Perpetual Protocol

Many members buy and hold their Perpetual Protocol as a long-term investment. You can hold your Perpetual Protocol in your free multicoin wallet on Cointree or transfer it to a private wallet.

Trade Perpetual Protocol

You can instantly trade any portion of your Perpetual Protocol for any other digital currency within just a few clicks, and at the lowest rates in Australia.

Send Perpetual Protocol

When you buy Perpetual Protocol in Australia with Cointree, you can quickly and easily send your Perpetual Protocol to any other Perpetual Protocol wallet.

Spend Perpetual Protocol

You can spend Perpetual Protocol purchased in Australia when you’re online shopping or in physical stores. More and more Australian businesses are accepting Perpetual Protocol every day.

Learn About Perpetual Protocol

Cointree provides a comprehensive [learning hub](/learn/) to turn you from a beginner buying their first Perpetual Protocol, to an expert holding a diversified portfolio of cryptocurrencies.

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Start with as little as AUD $25 and deposit instantly with your bank account.