The most efficient derivatives exchange

Powerful, composable derivatives for DeFi

Perennial is a powerful DeFi primitive built from first-principles to scale to the needs of traders, liquidity providers, and developers.

Blog β†’

Documentation β†’

Backed by

Open Interest


Total Liquidity





Hyperefficient markets

Get the exposure you need without worrying about liquidity. Perennial gives you best in class execution, even rivaling some CEXs.

The modular liquidity layer

Perennial is the first derivatives platform that makes composability easy. Built for simple integration, offering a MEV-resistant mechanism and low fees.

Enabling exotic markets

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.


Don’t take our word for it, hear what our users, partners & investors have to say about Perennial

Give us feedback


Security is paramount in everything we do. Dive into our security process below.

Bug Bounty

Help discover bugs and vulnerabilities in the Perennial Protocol to earn rewards, and become a valued community member.

Report an issue


Look back over our previous audits to get a deeper understanding of the protocol and how we’ve worked to make it as secure as possible.

View audits


Stay up to date

Β© 2024

Trade now