$0.00663638
- Market Cap$89,608.88
- 24 Hour Trading Vol$47,317.675
- Fully Diluted Valuation$126,019.949
- Circulating Supply13,502,670
- Total Supply18,989,255
- Max Supply18,989,255
- PERI Finance Price$0.00663638
- Trading Volume$47,317.675
- Market Cap$89,608.88
Loading...
PERI Finance is a decentralized cross-chain synthetic issuance and derivatives trading protocol designed to deliver unlimited liquidity on the Polkadot network. With PERI fianance, people can reach familiar financial products and crypto assets without the usual complications. It also targets pain points seen in DeFi projects on Ethereum-such as extremely high GAS fees, slow transaction throughput, and threats like front running and flash loan-by leveraging Layer2 using OVM (Optimistic Virtual Machine).
On PERI Finance, users can get access to a broad set of traditional financial and crypto assets through both unleveraged and leveraged synthetic products, cutting out the difficult steps and inconvenient requirements needed in traditional markets to access investment assets. By staking PERI and minting pUSD, users can swap one asset for another or open long and short positions on leveraged contracts tied to different underlying assets, without limitation. Pynth, short for Peri Synthetic asset, is a synthetic token whose price tracks the underlying asset. The pynths offered through PERI Exchange include Forex, Crypto Currency, and Commodity.
PERI exchange does not rely on liquidity providers. When converting Pynths, the counterparty is the debt pool backed by PERI, alongside USDC staked by holders-so the pool’s liquidity is effectively infinite and there is no slippage. For leveraged Pynths and perpetual contract trading, the protocol uses a virtual AMM supported by staked PERI as its liquidity approach. With vAMM’s distinctive design, trading does not involve a liquidity provider, meaning stakers are not exposed to losing their PERI or USDC.
Stakers receive incentives through 3 reward types.
Trading fees, collected and pooled when Pynths are exchanged or when leveraged Pynths contracts are traded on PERI.exchange. PERI inflation rewards meant to compensate staking of PERI and USDC. A share of profits generated by PERI assets. These are distributed to stakers according to their contribution to the network. PERI Asset refers to an A.I Arbitrage Trading system run using funds raised from PERI sales. It generates returns by identifying low-risk arbitrage opportunities across traditional finance markets and crypto marketsPERI.DAO
PERI tokens are also used for governance. A PIP (PERI Improvement Proposals) framework has been established to gather community input, allowing anyone to submit a PIP using 1PERI. Once a proposal is adopted, the amount of PERIs used for voting will be reflected in the system, and the PERI used at that time will be returned.
| Exchange | Pair | Last Price | Change (24H) | High (24h) | Low (24h) | Spread | Volume (24h) |
|---|
