Cryptocurrency Q&A What is a perp coin?

What is a perp coin?

GeishaCharm GeishaCharm Fri Mar 21 2025 | 7 answers 1817
I recently heard about this new concept called 'perp coin' and I'm really curious to understand what it is. Could someone please explain to me what a perp coin is? What is a perp coin?

7 answers

Enrico Enrico Sun Mar 23 2025
PERP is a token that operates on the Ethereum blockchain.

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Andrea Andrea Sat Mar 22 2025
This includes both long and short positions.

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Filippo Filippo Sat Mar 22 2025
It serves as the backbone of Perpetual Protocol.

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Chiara Chiara Sat Mar 22 2025
Perpetual Protocol is a decentralized exchange.

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Elena Elena Sat Mar 22 2025
A wide range of assets can be traded using perpetual contracts.

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