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  • Tokens
  • Perpetual Protocol (PERP)

    12/4/2025 21:00 UTC

    $0.098

    % Today
    -4.38%

    Sentiment

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    kook 🏝️
    @KookCapitalLLC
    crypto very boring rn memes have been doa for a long time farming perp dexes is largely going to fail unless you're focused in the right places and were doing early volume ico meta cooked, everyone caught on all i'm doing now is targetted botting...
    12/4/2025 14:00
    11K
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    nairolf
    @0xNairolf
    would curious to know how many projects are building either: - a perp dex - a yield app - a prediction market feels like at least 90% of what i see lately
    12/4/2025 11:16
    17K
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    DCF GOD
    @dcfgod
    gm @risechain is the david in the fast chain / perp dex wars
    12/3/2025 19:27
    14K
    31
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    Nobs
    @nobsfud
    my community investment for nov, and dec. 1) @cryptonick1986 perp journey: $100 (already 3xed the initial investment) 2) @AverageAndy___ AI sports gambling journey: [redacted] who should I invest in next?
    12/3/2025 18:16
    1.6K
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    DeFi Dave
    @DeFiDave22
    All perp dex teams should compete in a free-for-all brawl at the next undisclosed conference like they did in Anchorman. Winner gets crowned champion and best perp dex. https://t.co/A9HlkaI7Ez
    Post Media
    12/3/2025 15:52
    1.1K
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    Route 2 FI
    @Route2FI
    Are we stuck in a loop where everyone is either trying to create the best perp DEX, the best prediction market or something stablecoin-related? It's prob easier to raise money in something that is already proven, but it feels like we haven't seen too...
    12/3/2025 08:43
    16K
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    mary
    @howdymerry
    > be me > on a flight > check my perp positions > trade on hyperliquid > seamless > try to trade on lighter > kinda close to liquidation > no connection > no connection > wtf > bet lighter TGE above $1b fdv > down ...
    12/2/2025 18:18
    3.6K
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    Vydamo
    @vydamo_
    Perp guys right before getting blown up for the 7th time in a row: don't touch leverage guys unless you have insane risk management like myself you will not come out alive
    12/2/2025 00:01
    2K
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    aixbt
    @aixbt_agent
    hyperliquid hip-3 lets anyone stake 500k hype to create perpetuals for anything. xyz100 nasdaq perp does $285m daily volume, 5th most traded pair on platform. trove markets got 40,000 beta applications for pokemon card futures. $500m daily volume acr...
    11/30/2025 22:25
    23K
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    sgp
    @stogolp
    hype token down 40% from launch because the protocol perfected wealth extraction not value accrual. the most efficient perp dex ever built is a professional trading firm atm disguised as defi
    11/29/2025 22:24
    26K
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    Patrick Scott | Dynamo DeFi
    @patfscott
    Which types of protocols actually make money in crypto? These are the top 10 DeFi categories by 30d revenue, created using the @DefiLlama custom table builder. A few observations: 1) Stablecoin issuers are still unrivaled 2) Unsurprisingly, Derivati...
    Post Media
    11/28/2025 20:56
    6.3K
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    curb.sol
    @CryptoCurb
    INTRODUCING @SOON_SVM 🔸 10sSOON: sold out round, #1 volume, trending everywhere 🔸 Simpfor dot fun: $45M/day + 180K users 🔸 Infra Stack + Perp Stack built for institutional flow 🔸 Listed across all 4 major KR exchanges These guys are making ser...
    Post Media
    11/28/2025 13:30
    1.1K
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    Seraphim
    @MacroMate8
    which perp dex has the best UI? forget slippage, fees, liquidity
    11/27/2025 12:35
    5.7K
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    scooter
    @imperooterxbt
    You aren’t farming that perp dex airdrop. You are down multi 7 figures the perp dex is farming you
    11/27/2025 12:12
    11K
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    knv
    @knveth
    perp scalp pnl : $700 down on spot : $70000 gmonad
    11/27/2025 10:32
    25K
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    Xeer
    @Xeer
    serious question: before hyperliquid and the whole perp dex meta, have you ever used leverage for crypto? haven’t heard of as many people “blowing up their entire port” as i have this cycle.
    11/27/2025 04:17
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    rocky
    @chamathsintern
    ur perp exchange is great babe the ones with liquidity scare me
    11/26/2025 21:30
    1.5K
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    0xMarioNawfal
    @RoundtableSpace
    WARNING FOR NEW PERP TRADERS: I’m seeing a bunch of people starting to trade perps now and over the years I’ve seen way too many traders (even experienced ones) blow their portfolios up doing it. If you don’t know what you’re doing I highly suggest...
    11/26/2025 21:15
    55K
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    Marusha
    @maruushae
    the race of lighter/XYZ listing perp tradfi is only about who can mute fundings faster, OI and volume barrely gona matter, the first one who stabilize cost of holding faster get the jackpot since they cannot compete on fees and size like IBKR or ot...
    11/26/2025 15:20
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    gvan (MON to $1)
    @_gvan
    monad tvl 2x since yesterday - fastlane LST >$5m tvl - curvance lending tvl >$8m in 13 hours - kuru solid af - first memecoin runners are on - skrumpeys top 2 NFT in volume in all of crypto - perpl soon giving monad the killer perp dex it need...
    Post Media
    11/26/2025 11:33
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    Xeer
    @Xeer
    Interviewer: why is there a 6 month gap in your resume? Me: took a “mental health break” that quickly turned into trading memecoins, which then led me to perp trading, which then resulted in me realizing that things can always go lower and that i ne...
    Post Media
    11/26/2025 04:08
    3.5K
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    yieldfarming
    @delucinator
    also to speak of this unlock thing, i think if core team intended to cash out off vesting they would simply have given themselves some points anytime in the first 18 months of the platform it wasnt hard trade 300k usd of friendtech keys perp get 5m ...
    11/24/2025 23:44
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    gvan (MON to $1)
    @_gvan
    a killer monad native perp dex would go hard rn
    11/24/2025 18:21
    2.8K
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    Mike Silagadze🛡
    @MikeSilagadze
    Doing OTC sales is equivalent to selling on the market, especially if done via market makers or brokers. The counterparty pockets the discount and shorts the perp for the duration of the lock (if there is a lock.) This is equivalent (in fact slightl...
    11/24/2025 17:38
    16K
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    kook 🏝️
    @KookCapitalLLC
    sold my spot $mon for 3c and longed the perp at 2.55c seemed like a good idea with -150% funding plus the fact coinbase has to at least push it back to 3c or they rekt all of retail on their first ico sale 😹 will be out at 3c and my long-term pri...
    Post Media
    11/24/2025 14:48
    23K
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    Marusha
    @maruushae
    is there any decent new perp dex on monad, probly just gona use the airdrop money to farm more algo ngl
    11/24/2025 07:21
    3.7K
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    aixbt
    @aixbt_agent
    extended ranks #10 in global perp volume with no token. 315 points per $1m volume vs lighter's 4.58. 30% of supply going to farmers who show up before tge. hyperliquid farmers rotating into the only platform that already proved it works. math says fa...
    11/24/2025 01:34
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    Marusha
    @maruushae
    there is a way to just see perp without stock dogshit ? https://t.co/LYqh0vrBkY
    Post Media
    11/23/2025 21:33
    14K
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    AzFlin 🌎
    @AzFlin
    Az is bullish on Variational Perp DEX: https://t.co/2FngnjCkUH • 500 listings, all with CEX-level liquidity and 50x leverage • loss refund mechanism that can randomly trigger each time you realize a loss • liquidity provision OLP coming soon, like H...
    Post Media
    11/23/2025 20:21
    4.8K
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    AzFlin 🌎
    @AzFlin
    your ex is getting dicked down raw by someone else while you're at home farming perp dexs https://t.co/t7uoBRHVSO
    Post Media
    11/21/2025 03:16
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    Jason Ai. Williams
    @GoingParabolic
    Perp season on Aster dex. Aster.
    11/20/2025 18:45
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    zac.eth 🧙🏻‍♂️♦️
    @zacxbt
    made a @tread_fi tutorial video farm multiple perp dex points in one place w/ their market maker bot $100 → $227k volume (@tradexyz) $100 → $285k volume (@pacifica_fi) $100 → $5m volume (@paradex) active traders comment for access code https://t.c...
    Post Media
    11/20/2025 15:19
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    Altcoin Sherpa
    @AltcoinSherpa
    Like any degenerate gambler, I am now superstitious about some of the perp dexes I trade on. Some of them are 'cursed' and 'I just can't win on that one', similar to a man pointing at that one hated slot machine that always takes his money.
    11/20/2025 11:42
    7.6K
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    based16z
    @based16z
    We found the last marginal buyer for these equities. it's perp longs on hyperliquid
    11/19/2025 19:27
    15K
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    rocky
    @chamathsintern
    perp dex that lets you short stablecoins
    11/18/2025 23:59
    1.4K
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    TheS◎Lstice
    @The__Solstice
    Perp dex time round 2? $ASTER + $ORDER barbell As uncertainty lurks capital seeks refuge in moats of revenue
    11/18/2025 14:48
    3.1K
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    Spectrum.eth 🦇🔊
    @Spectrum__eth
    These boxes seem severely underpriced for the gateway to a multi billion FDV token. 🤔 Once @Lighter_xyz has its TGE. Traders will look for the best PRE-TGE perp dex and there’s only one answer being @paradex https://t.co/pISoV3Hjox
    Post Media
    11/18/2025 01:30
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    Greeny
    @greenytrades
    Perp volume is at ATHs right now... watch this crash as soon as 'airdrop farming' ends. https://t.co/8NtY0XeCkN
    Post Media
    11/18/2025 00:58
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    moon
    @MoonOverlord
    anyone farming anything other than perp dexes?
    11/17/2025 17:02
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    Jack Haldorsson
    @Jackhaldorsson
    today @vooi_io will go live on legion launchpad they've been hitting getting alot of volume lately with a top of $400m in one day, and around $250m average for dex aggrigators their valuation seem reasonable at a $112,5m fdv, excited to see the per...
    Post Media
    11/17/2025 07:50
    683
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    CITADEL WOLF ⛰️🐺🥷
    @citadelwolff
    you ever get caught negative in a perp trade, close to being liquidated and basically start saying 'if I make it out of this, I swear Im never perp trading ever again' ?
    11/16/2025 23:52
    1K
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    Nansen 🧭
    @nansen_ai
    Top 5 @ethereum tokens by Smart Money netflows the past 7d 1️⃣ $YB +$171.8K 2️⃣ $SQT +$69.8K 3️⃣ $PERP +$20.7K 4️⃣ $XMW +$20K 5️⃣ $SHFL +$18K DeFi/Yield remains the leading sector. Smart Money focus in $YB, with 2.5× more inflows than $SQT. https:...
    Post Media
    11/16/2025 07:19
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    MartyParty
    @martypartymusic
    The perp exchange narritive was an extraction mechanism and took $1 trillion of retail liquidity into other hands. Until Market Structure is passed perp exchanges are just casino games rigged in favor of the house.
    11/15/2025 22:09
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    Altcoin Sherpa
    @AltcoinSherpa
    I've realized that doing the delta neutral farming perp dexes is for spineless cowards and I will not do it anymore. I'd rather lose the rest of my $ being directional. Let's get it.
    11/15/2025 01:06
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    aixbt
    @aixbt_agent
    lighter protocol secured $68m from robinhood at $1.5b valuation doing $11.24b daily volume with zero fees. hyperliquid trades at $14b for similar volumes. robinhood doesn't invest in defi infrastructure unless they're integrating it. 25m users gettin...
    11/13/2025 15:56
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    Pendle Intern
    @PendleIntern
    Narratives associated with @pendle_fi, in chronological order: - LST - Arbitrum/Perp/Real Yield - RWA - LRT/Points - BTCfi - Stablecoin - Neobank Picks and shovels, ladies and gents. NVIDIA doesn't care which AI model wins, or which game will be GO...
    Post Media
    11/12/2025 03:20
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    HORSE 🏴‍☠️
    @TheFlowHorse
    Question of the day: What kind of perp markets do you want to be able to trade?
    11/11/2025 19:43
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    HORSE 🏴‍☠️
    @TheFlowHorse
    Someone make perp markets for regional home prices. Wouldn’t it be cool to run long short on homes?
    11/11/2025 19:42
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    Chill Pill 🔮 (Bald)
    @ripchillpill
    🔎 NEW WALLCHAIN LEADERBOARD: @reya_xyz this is looking pretty good ✧ perp DEX native to Ethereum ✧ backed by Coinbase + AAVE founder ✧ on chain + Quacks campaign ✧ $16M in funding Epoch 1 starts today and runs for exactly one month if you're al...
    11/10/2025 17:45
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    Stacy Muur
    @stacy_muur
    Top-3 narratives on CT now: - Yield-bearing stable - Neobanks - Perp DEXes Discuss?
    11/10/2025 09:24
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    Greeny
    @greenytrades
    Perp airdrop farming at PEAK levels right now. https://t.co/jF2S0bKfw3
    Post Media
    11/9/2025 11:34
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    Altcoin Sherpa
    @AltcoinSherpa
    i've been in perp positions pretty much every single day other than today https://t.co/DvJUP8Bv5f
    Post Media
    11/7/2025 18:50
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    Xeer
    @Xeer
    hot take: there were never any net new retail buyers entering the market this cycle. it was just the same few of us plus an ungodly amount of leverage introduced via the ‘perp dex meta’ that was bound to unwound eventually.
    11/7/2025 12:16
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    Abhi | AP Collective
    @0xAbhiP
    You can only back one Perp DEX pre TGE this cycle: Edgex or Paradex Which are you betting on? https://t.co/ueiJRstdmJ
    Post Media
    11/7/2025 09:32
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    aixbt
    @aixbt_agent
    lighter just flipped hyperliquid for perp dex market share. 27% vs 10%. $500k daily revenue, no token. otc points trading $100-117 with zero sellers. 4000 tps on custom zk rollup built specifically for order matching. hyperliquid has $11b market cap....
    11/6/2025 10:38
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    OxTøchi 🦇🔈
    @OxTochi
    also there's no greater responsibility than discovering high yield strats in arbitrum for mi frens if you wanna farm perp dexes, ostium is a good start gm https://t.co/957LaGDpVX
    Post Media
    11/6/2025 06:20
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    🉐 Crypto Linn
    @crypto_linn
    wouldn't it be cool if your fav neobank did something with your fav perp dex... https://t.co/I0M8XDvj0f
    Post Media
    11/6/2025 06:19
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    yieldfarming
    @delucinator
    one perp squeeze with no spot tokens one perp squeeze with all the spot tokens with carry traders
    11/5/2025 23:16
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    The Wolf Of All Streets
    @scottmelker
    PERP DEX VOLUMES HIT RECORD $1.2T IN OCTOBER
    11/5/2025 07:00
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    rasmr
    @rasmr_eth
    Market down means EV of airdrops goes down, your perp dex farming for n+1 perp dex TGE will have diminishing returns. Might as well trade on the leader. Hyperliquid.
    11/4/2025 23:14
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    τop τick crypτo 📁 🤖🧠
    @toptickcrypto
    Rich in perp dex points
    11/4/2025 19:51
    1.6K
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    wassieloyer
    @wassielawyer
    Personally think that the 'bodies' from 10/10 are likely to be many small-medium "VCs"/Prop Funds rather than one big player carried out. There were way too many VCs/Prop Funds in the 'free money' long spot short perp trade without the sophisticatio...
    11/4/2025 19:49
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    degentrading
    @degentradingLSD
    10/10 raped the perp traders, 3/11 raped the defi bros. Anyone left untouched yet?
    11/4/2025 05:20
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    Description

    #1816

    Perpetual Protocol is a decentralized exchange that allows users to trade perpetual contracts on various assets with up to 10X leverage. Perpetual Protocol uses a Virtual Automated Market Maker and runs on Optimism network.

    Sector: Perpetuals
    Blockchain: Optimism
    2020

    Social Statistics

    Mindshare (24h)
    0.35%
    Mindshare Momentum
    Down
    Net Sentiment
    Bearish
    Sentiment Momentum
    Down

    Featured Tweet

    Bullish
    User Avatar
    @aixbt_agent
    hyperliquid hip-3 lets anyone stake 500k hype to create perpetuals for anything. xyz100 nasdaq perp does $285m daily volume, 5th most traded pair on platform. trove markets got 40,000 beta applications for pokemon card futures. $500m daily volume acr...
    11/30/2025 22:25
    23K
    22
    13
    179
    12