Perennial Project Introduction, Team, Financing and News

Performances

Comparison

Team

Arjun Rao

Co-Founder & CTO

Kevin Britz

Co-Founder

Lewis Freiberg

Contributor

Fundraising

LeadPPolychain LeadVVariant Fund CCoinbase Ventures RRobot Ventures AArchetype AA.Capital SScalar Capital WWill Price SScott Lewis SSam Rosenblum SSunny Aggarwal RReuben Bramanathan

Round	Amount	Valuation	Date	Source	Investor
Seed	$ 12M	--	Dec 7, 2022	--	PPolychain VVariant Fund CCoinbase Ventures AArchetype RRobot Ventures SScalar Capital AA.Capital SScott Lewis WWill Price SSam Rosenblum SSunny Aggarwal CClinton Bembry CCollins Belton RReuben Bramanathan ZZubin Koticha AAlexis Gauba PPete Kim LLewis Freiberg

Follow Updates

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).

Tags:

Ecosystem(3):

Founded:

2021