🔥Trenches Day #2

Entering the mud. The farm started on PERPL—the new PERP DEX from Monad.

I started 3 days ago and I’m already in week 5 of points: I got only 5 points with $45k of volume and $3 spent on fees.

The PERPL project is just getting started—it’s very fresh and can be farmed optimally.

Best part:
- Open a limit order → 0.009% (0.9 bps)
- Close at market → 0% (closing is free!)

That is, every $100,000 in volume (open limit + close market) costs you only $4.5 in fees😂.
Very cheap.

The real trick to farm:
Unlike what everyone says (“do volume like crazy”), Perpl rewards keeping your position open for longer.
The more time it’s kept open (minimum 12–24 hours), the more points it gives you.

Example: with my $45k, if instead of rotating volume I had left the positions open, I would’ve gotten 20 points—not 5.

This changes everything. It lets you build smart strategies spending very little, especially by doing delta neutral.

Important:
Don’t burn volume left and right. Open Interest and keeping positions open are what get rewarded.

With just a couple of trades, I already understood how it works: the goal is to maximize points with the lowest possible cost.

It’s estimated that points could be worth between $15 and $40 each (since only a few are given per week).

Also, there’s a campaign with up to $1M in $MON for mPoints.

My strategy:
I assign a fixed daily/weekly/monthly budget to burn on delta neutral. I don’t do sprints and I don’t overburn fees. The important part is protecting the capital and farming the largest number of points intelligently.

If you farm it optimally, we can reach 20x/30x for every dollar spent in TGE (being efficient).

Link with +5% extra in points:

👉 app.perpl.xyz/trade?ref=48DeNZhWs2x

Take a look—if you want to farm it, then the time is now since we’re just getting started.