Perennial

Perennial

Perennial is a cash-settled derivatives protocol. It allows developers to launch any synthetic market with just a few lines of code.

Whitepaper Website
Start:

Dec 12, 2023 00:00:00

Ended:

Dec 30, 2023 00:00:00

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ICO Details

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Perennial Token Sale Details
Blockchain Network:

Ethereum

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About Perennial

What Is Perennial?

Perennial is a cash-settled derivatives protocol. It allows developers to launch any synthetic market with just a few lines of code.

Perennial Unique Features

  • Peer-to-Pool AMM — trade against a pool of capital, without having to find a counterparty to take the other side of a trade
  • Zero price slippage — trade directly at the current price, regardless of size
  • Cash-settled — trades settled in $USD, not crypto, in line the most popular crypto derivatives
  • Utilization-based Funding Rate — funding varies with pool utilization (like Compound), creating an extremely simple, continuous funding rate
  • Two-sided Leverage — Takers & Makers can both trade with significant leverage, amplifying capital efficiency
  • Maximum LP flexibility — LPs (makers) can customize their risk exposure, pricing curve, hedging strategy (or lack thereof); Perennial makes very few assumptions about this at the protocol level, giving LPs full control
  • Developer-oriented & built for composability— With just a few lines of code, developers can build exposure to any asset by customizing the payoff function, utilization curve (pricing), oracle, fee model, etc.
  • Permissionless — Permissionless market creation, integration, and composability.

Roadmap

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Perennial Token Economy

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Partners & Advisors

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Team Members

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Investors

Polychain Capital, Variant, Coinbase Ventures, Robot Ventures, Scalar Capital, Archetype Capital