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Perennial

(Inactive)

Decentralized derivatives protocol

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Details
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Fundraising
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Performances

RD Popularity Index

37
-13.95% (24h)
0 100 200 300 400 500
Project Rank: 4468/19460

RD Growth Index

385
% (24h)
0 500 1000 1500 2000 2500
Project Rank: 993/19460

Comparison

Total Raised: --
Fundraising not disclosed
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Token not listed
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Project
Intro
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Core Team
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RD Growth Index (7d %)
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Details

Perennial is a decentralized derivatives protocol that offers a straightforward trading experience, a flexible and capital-efficient model for providing liquidity, and a primitive for developers to create DeFi derivatives easily. Perennial acts as a peer-to-pool derivatives AMM that perpetually offers to take the other side of any Taker's position at the oracle price, in exchange for a funding rate that fluctuates based on the utilization of the liquidity pool (similar to Compound and Aave).

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