Binance Will List Perpetual Protocol (PERP) in the Innovation Zone

2021-03-19 04:53

Fellow Binancians,

Binance will list Perpetual Protocol (PERP) in the Innovation Zone and will open trading for PERP/BTC, PERP/BUSD and PERP/USDT trading pairs at 2021-03-19 8:00 AM (UTC). Users can now start depositing PERP in preparation for trading.

What is Perpetual Protocol (PERP)?

Perpetual Protocol is a decentralized perpetual contracts protocol, made possible by a virtual automated market maker (vAMM). On Perpetual Protocol, traders can trade perpetual contracts with vAMMs without the need for counterparties. PERP is the native utility token of the platform and is used for platform governance and staking.

Reminder:
The Innovation Zone is a dedicated trading zone where users are able to trade new, innovative tokens that are likely to have higher volatility and pose a higher risk than other tokens.

Before being able to trade in the Innovation Zone, all users are required to visit the web version of the Innovation Zone trading page to carefully read the Binance Terms of Use and complete a questionnaire as part of the Initial Disclaimer. Please note that there will not be any trading restrictions on trading pairs in the Innovation Zone.

PERP is a relatively new token that poses higher than normal risk, and as such will likely be subject to high price volatility. Please ensure that you exercise sufficient risk management, that you have done your own research in regards to PERP’s fundamentals and fully understand the project before opting to trade.

PERP Listing Fee: 0 BNB.

Details:

Risk warning: Cryptocurrency trading is subject to high market risk. Please make your trades cautiously. Binance will make best efforts to choose high-quality coins, but will not be responsible for your trading losses.

Thanks for your support!

Binance Team

2021-03-19

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