The Perpetual Protocol price is $0.51, a change of 2.45% over the past 24 hours as of 9:19 a.m. The recent price action in Perpetual Protocol left the tokens market capitalization at $36,995,019.13. So far this year, Perpetual Protocol has a change of 39.39%. Perpetual Protocol is classified as a Computing under CoinDesks Digital Asset Classification Standard (DACS).
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Traders pile into short positions in the perpetual futures market as potential liquidation of founder's crypto borrowing may destabilise the broader decentralized finance ecosystem.
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UNI perpetual futures trade at 20% premium as traders expect Uniswap to gain even more market share after the CRV exploit, one research head said.
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Activist investors applied heavy pressure to Parrot’s developer team.
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The spot market is in the driver's seat as perpetual futures open interest to market cap ratio remains low, one observer said.
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