The four most famous international exchanges:

Binance INTL	OKX INTL	Gate.io INTL	Huobi INTL
China Line　APP DL	China Line　APP DL	China Line　APP DL	China Line　APP DL

Note: The above exchange logo is the official website registration link, and the text is the APP download link.

As all parties intensify their crackdown on the cryptocurrency industry, centralized exchanges now open up huge growth potential for DEXs in the market. Currently, Perpetual
Protocol is also one of the largest derivative DEXs by daily trading volume, and it can provide perpetual contract trading for each asset. Users in the project can choose to open long or short positions on a variety of assets such as cryptocurrencies, commodities and fiat currencies with up to 10x leverage. The PERP token is its native token that can be used as a governance and staking token. Many investors want to know how much this PERP coin is? Let the coin circle editor introduce the historical price of PERP coins to everyone.

 How much is a PERP coin?

As of 10:50 on September 12, 2023, the price of PERP coins is $0.6614, equivalent to RMB 4.72. The current price is already lower than the issue price of $7.675. Investors should understand it clearly and invest cautiously.

The historical prices of the token from September 2020 to July 2022 were $2.177, $1.1937, $1.1313, $1.506, $8.266, $10.3483, $9.7197, $13.5637, $15.235, $23.2108, $21.9533, $17.7731, $18.1914, $13.021, $9.477, $6.652, $5.2535, $3.3642, $1.5266, and $0.9109.

Perpetual Protocol is a decentralized protocol that provides perpetual contract trading for each asset. Users can choose to open long or short positions on a variety of assets such as cryptocurrencies, commodities, and fiat currencies with up to 10x leverage.

Perpetual Protocol has a native token, PERP token, as a governance and staking token. More specifically, PERP tokens are used to secure its market and influence the future direction of the project.

 PERP Coin Value Analysis

Perpetual
Protocol is a decentralized finance (DeFi) project that can implement this service through written code without the need for financial intermediaries. In addition, the Perpetual Protocol is just a set of programs (smart contracts) running on the Ethereum blockchain, designed to communicate and replicate the services provided by the derivatives market. This means that Perpetual
Protocol users do not need to trust a specific organization or a group of people to conduct transactions, they only need to trust that the code will be executed as written.

Perpetual
Protocol is inspired by the popular decentralized exchange Uniswap and the synthetic asset platform Synthetix. However, the Perpetual Protocol is not designed for spot trading, it is designed for leveraged trading. The Perpetual Protocol has the following outstanding features:

· Trusted: Users can access the market without intermediaries.

· Non-custodial: Users will be able to control and manage their own assets and do not need to deposit them with any party.

·Transparency: In the future, everything will be operated through smart contracts on Ethereum and managed by DAO.

·Freedom of access: Anyone, anywhere, and at any time can access and use the Perpetual Protocol platform without any restrictions on anyone's permissions.

To achieve this, Perpetual
Protocol uses a process that includes virtual automated market makers (vAMMs) and insurance funds. These structures are designed to settle transactions and allow anyone to use complex financial instruments, such as perpetual contracts. Perpetual contracts are a type of derivative similar to futures contracts but without an expiration date. In traditional markets, futures contracts allow people to make predictions about the price of an asset at the end of the contract, while perpetual contracts have no clear end date.

All of the above is the answer to the question of how much PERP coins cost by the editor of the currency circle, as well as an introduction to the historical prices of PERP coins. The main purpose of the Perpetual
Protocol project is to facilitate the buying and selling of perpetual contracts. The project does this by creating a new instance of an automated market maker, a technology that uses mathematical functions to determine asset prices and facilitate the swap of two or more assets. In the most common AMM setting, users deposit crypto assets into a liquidity pool representing certain trading pairs. Users who trade with assets in the pool will then receive fees distributed among all liquidity providers in proportion to their contribution to the pool.