About Perpetual Protocol

This development marks a significant expansion in the trading capabilities available to users. It offers a comprehensive suite of trading options that include limit orders, market orders, stop orders, and stop-limit orders.

Perpetual Protocol (PERP) price continued rising on Tuesday as demand for the token rose. PERP surged to a high of $1.70, its highest point since May last year. It has jumped by more than 330% from its lowest point in 2023. Perpetual Protocol is a decentralized exchange (DEX) on Optimism's network.

Decentralized finance platform Synthetix caught attention as its token surged over 20% in the past day to new peaks of $3.57. The asset's bullishness comes as the protocol unveils the Per v3 update, designed to improve the platform's trading capabilities.

Blockchain security firm Chainlight said it received a $10,000 bounty for uncovering a potential vulnerability that could have jeopardized $32 million in customer funds on Optimism-based decentralized exchange (DEX) Perpetual Protocol. In a Nov.

Bybit noted that traders anticipating market volatility can leverage Perp Protect to secure their positions, giving them a proactive edge in navigating turbulent market conditions.

According to meticulous monitoring by online analyst Ember, this address initiated a series of transactions that resulted in the acquisition of a substantial amount of PERP tokens, amounting to a whopping 10% of the cryptocurrency's circulating supply.