Perpetual Protocol

[Perpetual Protocol](https://www.coinlive.com/coin/perpetual-protocol) is a decentralized exchange ([DEX](https://coinmarketcap.com/alexandria/de/glossary/decentralized-exchange-dex)) for [futures](https://coinmarketcap.com/alexandria/glossary/futures) on [Ethereum](https://www.coinlive.com/coin/ethereum) and [xDai](https://coinmarketcap.com/de/currencies/xdaistable/). Traders can go long or short with up to 10X leverage on a growing number of assets like [BTC](https://www.coinlive.com/coin/bitcoin), [ETH](https://www.coinlive.com/coin/ethereum), [DOT](https://www.coinlive.com/coin/polkadot-new), [SNX](https://coinmarketcap.com/de/currencies/synthetix-network-token/), [YFI](https://www.coinlive.com/coin/yearn-finance) and others. Trading is non-custodial, meaning traders always retain possession of their assets, and on-chain. Perpetual Protocol utilizes a virtual [automated market maker](https://coinmarketcap.com/alexandria/de/glossary/automated-market-maker-amm) (vAMM), which provides on-chain liquidity with predictable pricing set by constant product curves. Furthermore, Perpetual Protocol designed its vAMMs to be market-neutral and fully collateralized. The declared vision of Perpetual Protocol is to create the world’s best, most accessible, and most secure decentralized [derivatives](https://coinmarketcap.com/alexandria/glossary/derivative) trading platform. By building on our DeFi projects and allowing projects to build on Perpetual Protocol, the company embraces the “DeFi money lego” ethos. After hitting a number of milestones in its roadmap, such as launching staking pools and implementing limit and [stop-orders](https://coinmarketcap.com/alexandria/glossary/stop-loss-order), Perpetual Protocol plans to expand to other chains, introduce leveraged tokens, and launch dynamic liquidity in its pools.