Introducing Perennial

Derivatives
Redesigned for defi

Perennial is built from first principles as a powerful DeFi primitive that scales to meet the needs of traders, LPs, and developers.

Markets

Total Open Interest

$0.00+

Total Liquidity

$0.00+

Asset

Price

Liquidity (L/S)

Open Interest (L/S)

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Features

Perennial is designed to be the go-to derivatives platform for traders & developers.

Built for developers

The first derivatives platform that makes composability easy. A simple interface built with DeFi developers in mind, an MEV-resistant mechanism, and low fees.

Maximum optionality

One-size-fits-all doesn’t scale. In Perennial, users are in the driver's seat of a modular protocol designed for a wide set of use cases.

Are you a developer?

Create new markets, design your own payoff & funding curves. Compose Perennial positions to create novel financial products. Use Perennial as infrastructure to create unique trading experiences, and more.

Powerful trading

Deep liquidity, and the best UX for traders. Capital efficiency and flexibility for market makers.

Are you a trader or LP?

Perennial gives Traders & LPs the power they need without sacrificing simplicity. Get competitive execution fully on-chain. Trade novel markets you can’t trade anywhere else.

Are you a developer?

Create new markets, design your own payoff & funding curves. Compose Perennial positions to create novel financial products. Use Perennial as infrastructure to create unique trading experiences, and more.

Backed by the best

Our backers have deep experience investing in & operating leading protocols.

Sunny Aggarwal (Osmosis)

Clinton Bembry (Slingshot)

Sam Rosenblum (Haun)

Will Price (DeFi Builder)

Pete Kim (CB Wallet, USDC)

Scott Lewis (Slingshot, Canto)