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Perpetual Protocol
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Perpetual Protocol (PERP) Issuance and Circulating Supply Analysis
Perpetual Protocol (PERP) is a decentralized perpetual contract exchange built on Ethereum's Optimism Layer 2. Its native governance token, PERP, has a maximum and total supply of 150 million tokens. As of October 2026, its circulating supply varies across different data sources, ranging from approximately 66 million to 72 million tokens, accounting for about 44% of the maximum supply. This article outlines PERP's token utility, economic model updates, and key data.
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What is PERP Coin? Perpetual Protocol Token Analysis and Market Outlook
PERP is the native token of Perpetual Protocol, a decentralized perpetual contract trading platform operating on L2 networks such as Ethereum and Optimism, offering up to 20x leverage trading through its vAMM mechanism. The PERP token is primarily used for protocol governance and staking, with stakers sharing in trading fees. Despite facing delistings from major exchanges, the project is actively exploring new development paths, including private market creation and institutional ETPs. Its market performance is influenced by competition in the overall DeFi derivatives sector and macroeconomic factors, with future growth potential dependent on technological upgrades and market adoption.
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Analysis of PERP Token Total Supply and Circulating Supply: An Overview of Perpetual Protocol’s Core Assets
PERP is the native utility token of the decentralized derivatives exchange Perpetual Protocol. It complies with the ERC-20 standard and is deployed on the Ethereum blockchain. It plays a key role in protocol governance, staking rewards, and insurance fund support.As of July 31, 2026, the total supply of PERP is set at 150 million tokens, with a current circulating supply of approximately 72.6 million tokens, representing about 48.4% of the total supply. Token allocation covers multiple categories, including the ecosystem, the team, and strategic investors, and follows a four-year unlock schedule.This article will provide a detailed overview of PERP’s supply mechanism, use cases, and market profile.
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Perpetual Protocol (PERP) Issuance and Circulating Supply Analysis
Perpetual Protocol (PERP) is a decentralized perpetual contract exchange built on Ethereum's Optimism Layer 2. Its native governance token, PERP, has a maximum and total supply of 150 million tokens. As of October 2026, its circulating supply varies across different data sources, ranging from approximately 66 million to 72 million tokens, accounting for about 44% of the maximum supply. This article outlines PERP's token utility, economic model updates, and key data.
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What is PERP Coin? Perpetual Protocol Token Analysis and Market Outlook
PERP is the native token of Perpetual Protocol, a decentralized perpetual contract trading platform operating on L2 networks such as Ethereum and Optimism, offering up to 20x leverage trading through its vAMM mechanism. The PERP token is primarily used for protocol governance and staking, with stakers sharing in trading fees. Despite facing delistings from major exchanges, the project is actively exploring new development paths, including private market creation and institutional ETPs. Its market performance is influenced by competition in the overall DeFi derivatives sector and macroeconomic factors, with future growth potential dependent on technological upgrades and market adoption.
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Analysis of PERP Token Total Supply and Circulating Supply: An Overview of Perpetual Protocol’s Core Assets
PERP is the native utility token of the decentralized derivatives exchange Perpetual Protocol. It complies with the ERC-20 standard and is deployed on the Ethereum blockchain. It plays a key role in protocol governance, staking rewards, and insurance fund support.As of July 31, 2026, the total supply of PERP is set at 150 million tokens, with a current circulating supply of approximately 72.6 million tokens, representing about 48.4% of the total supply. Token allocation covers multiple categories, including the ecosystem, the team, and strategic investors, and follows a four-year unlock schedule.This article will provide a detailed overview of PERP’s supply mechanism, use cases, and market profile.
Perpetual Protocol
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