What is Perpetual Protocol (PERP)?
Perpetual Protocol is a DEX specifically designed for trading perpetual contracts. The protocol first came out on the Ethereum blockchain and has expanded to a few other EVM-compatible blockchains since. While it aims to be more decentralized with the introduction of the PERP token as a governance token, the protocol is pretty much still under control of the core development team.
Perpetual Protocol was released as "Strike" in 2018 by Yenwen Feng and Shao-Kang Lee.
How Perpetual Protocol (PERP) Works
Like most other DEXes, Perpetual Protocol employs automated market maker (AMM) strategy to eliminate the need for intermediary. But unlike other DEXes where the majority of transactions are spot orders, the AMM of Perpetual Protocol is made to obtain price data, not for liquidity provision. Hence, this mechanism is called virtual AMM or vAMM in short.
On the other hand, there are two special smart contracts that serve as the clearinghouse and Collateralization Vault. The former is responsible for accepting deposits then sending it to the Collateralization Vault, as well as recording margin, direction, and leverage data from users. Based on the information given, the Vault secures positions and alerts the vAMM to update the pricing.
How Many Perpetual Protocol (PERP) Tokens Are in Circulation?
PERP token can be used in the Perpetual Protocol to decide the development of the project, receive more PERP via staking, earn referral rewards, and to receive a fraction of trading fees.
PERP's total supply: 150,000,000
PERP's circulating supply: 90,775,000
How to Buy Perpetual Protocol (PERP)
Consider investing in Perpetual Protocol (PERP)? It only takes 2 minutes to create an account on Bitget and start trading PERP.
Check out the available PERP trading pairs on Bitget!
Spot market
Perpetual Protocol (PERP) Resources
Simple 3-step guide to buying PERP today in Sierra Leone
Create your free Bitget account
Select a funding method
Complete your Perpetual Protocol purchase
Step 1: Create a free account on the Bitget website or the app
Step 2: Place an order for Perpetual Protocol using a payment method of your choice:
Buy Perpetual Protocol with a debit/credit card
For Visa or Mastercard, select Credit/Debit card, then click Add New Card under the "Buy" tabCredit/Debit in the Buy Crypto tab of the Bitget app
Credit/Debit in the Buy Crypto tab of the Bitget website
Select your preferred fiat currency, enter the amount you wish to spend, link your credit card, and then complete your payment with zero fees.Add a new card to complete your payment on the Bitget app
Enter your bank card details to complete your payment on the Bitget website
For Diners Club/Discover card, click Buy Crypto > [Third Party] in the top navigation bar to place your Perpetual Protocol order.How to buy crypto with credit/debit cardBuy Perpetual Protocol with Google Pay or Apple Pay
Converting your Google Pay and Apple Pay balance into Perpetual Protocol is easy and secure on Bitget. Simply click Buy Crypto > [Third Party] in the top navigation bar to place your Perpetual Protocol order.How to buy crypto via third-party gatewayBuy with bank transfer
We accept various payment methods, including iDeal and SEPA for EUR, PIX for BRL, PayID for AUD, UPI for INR, QRIS, DANA, and OVO for IDR, SPEI for MXN, and GCash for PHP. These services are facilitated by Alchemy Pay, Banxa, Mercuryo, and Simplex payment gateways. Simply select Buy Crypto > [Third Party] in the top navigation bar and select a fiat currency to place your Perpetual Protocol order.Buy Perpetual Protocol with the fiat balance in your Bitget account
You can Deposit fiat funds using Advcash, SEPA, Faster Payments, or PIX payment gateways to top up your Bitget fiat balance. Then, click Buy Crypto > [Cash conversion] in the top navigation bar to place your Perpetual Protocol order.P2P trading
With Bitget P2P, you can buy crypto using over 100 payment methods, including bank transfers, cash, and e-wallets like Payeer, Zelle, Perfect Money, Advcash, and Wise. Simply place an order, pay the seller, and receive your crypto. Enjoy secure transactions with escrow protection.How to buy crypto on Bitget P2P
Step 3: Monitor Perpetual Protocol in your Bitget spot wallet

Bitget—where the world trades Perpetual Protocol
How to buy Perpetual Protocol for free
- Learn how to earn Perpetual Protocol for free through the Learn2Earn promotion
- Earn free Perpetual Protocol by inviting friends to join Bitget's Assist2Earn promotion
- Receive free Perpetual Protocol airdrops by joining On-going challenges and promotions

Buy Perpetual Protocol
Buy other cryptos
Buy Perpetual Protocol in a different country
Buy other cryptos in your region

FAQ
Can I buy $1 worth of Perpetual Protocol?
Can I buy $10 of Perpetual Protocol?
Where else can I buy Perpetual Protocol?
Where is the best place to buy Perpetual Protocol?
Should I buy Perpetual Protocol right now?
The west African nation of Sierra Leone borders the Atlantic Ocean. It is officially known as the Republic of Sierra Leone and is also known as Salone. The Freetown Peninsula's white-sand beaches are its most famous feature. The Cotton Tree landmark and King's Yard Gate in Freetown, the country's capital, serve as reminders of the country's history of the slave trade. The annual celebration of Sierra Leone Independence Day is held on April 27. 8,348,301 people are living in Sierra Leone as of the year 2022, and leone is the country's official currency. With P2P trading and other crypto deposits, you may quickly buy Perpetual Protocol(PERP) and other cryptocurrencies at the Bitget exchange from Sierra Leone.
The official language of Sierra Leone is English and the Bitget website and app are available in English.
Sierra Leone has some stunning cities such as Freetown, Bo, Kenema, Koidu, and many others. Wherever you are in Sierra Leone you can trade cryptocurrencies using the Bitget platform.
The African monsoon, which occurs from May to November in the north and from April to November in the south, causes Sierra Leone's tropical, hot weather to alternate between a dry winter and a wet season. The main geographical features of the island are the highland plateau, the mountains in the east, and the wooded hill country. There are numerous beautiful places to visit in Sierra Leone, including the Tacugama Chimpanzee Sanctuary, River Number Two Beach, Sea Coach Express, Lumley Beach, and Bureh Beach.
In Sierra Leone, Bitget is the top cryptocurrency exchange to utilize.