Perpetual Protocol

Perpetual Protocol is a decentralized exchange (DEX) that specializes in perpetual contracts, allowing users to take leveraged positions on the implied probabilities of real-world

events, such as elections, macroeconomic indicators, and sports outcomes. Built on Ethereum and xDai, the platform features a unique vAMM-based architecture that ensures high liquidity and low slippage for traders. The primary offering is a perpetual futures market where users can go long or short based on their predictions of event outcomes. The protocol employs an on-chain funding mechanism to maintain price alignment with the probabilities provided by its oracle. Perpetual Protocol also includes a native utility token, PERP, which facilitates governance and staking within the ecosystem. Targeting decentralized traders and developers, Perpetual Protocol provides a platform for trading without expiry constraints. Governance is managed through a community forum, allowing PERP token holders to participate in decision-making processes. Overall, Perpetual Protocol is advancing the concept of leveraged prediction markets by integrating real-world event probabilities into its trading framework.