Namaste Tribe!
Perpetual Protocol (PERP) is listed on WazirX and you can buy, sell, trade PERP in our USDT market.
PERP/USDT trading is live on WazirX! Share this
PERP is a part of our Rapid Listing Initiative. Hence, we will start PERP trading by enabling its deposits on WazirX via Binance.
Don’t worry, you’ll be able to deposit/withdraw PERP from other wallets very soon. Read more about the Rapid Listing Initiative here.
Perpetual Protocol is a decentralized perpetual contracts protocol for every asset, made possible by a virtual Automated Market Maker (vAMM). On Perpetual Protocol, traders can trade perpetual contracts with vAMMs without the need for counterparties. With the power of vAMMs, if an asset has a price feed on-chain — no matter if it is from Chainlink, Uniswap, or other oracles — Perpetual Protocol can create a perpetual market for it. In the future, anyone can create new perpetual markets on the platform and get a cut on the transaction fees, akin to the liquidity providers on Uniswap.
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Happy Trading!
Risk Warning: Crypto trading is subject to high market risk. Please ensure that you undertake sufficient risk assessment when trading newly listed tokens as they are often subject to high price volatility. WazirX will make best efforts to choose high-quality coins, but will not be responsible for your trading losses.
The post PERP/USDT trading on WazirX appeared first on WazirX Blog.
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