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PERI Finance

PERI Finance PERIPrice $ 0.0122

PERI Price

0.0122
0.63%
Price Range
LowHigh
$ 0.0119$ 0.0124

General Info

Contracts/Explorers:

Explorers

Tags (Sub-Categories):

# Token

+6

Funds and Backers

Description

PERI Finance is a decentralized cross-chain synthetic issuance and derivative exchange protocol.

PERI Finance (PERI) Chart

PERI Finance price Index provides the latest PERI price in US Dollars , BTC and ETH using an average from the world's leading crypto exchanges.

PERI to USD Converter

PERI Finance (PERI)PERI

IDO

10 May 2021 — 10 May 2021

Raised

$ 105.00K

Price:

$ 3.50

ROI:

0x  -99.7%

Platform:

N/A

ATH ROI:

2.87x  +187%

PERI Price Statistics

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Market Cap

$ 164.27K

Fully diluted value

FDV

$ 231.02K

ATH Market Cap

$ 110.48M


Vol. (24h) / MCap

0.0165

Max Supply

PERI 20,000,000

Total Supply

PERI 18,989,255

Circulating Supply

PERI 13.50M

(67.5% of Max Supply)

IDO ROI

99.7%

0.00x

IDO Price

$ 3.50

10 May 2021

All Time High

$ 10.04

11 May 2021


All Time Low

$ 0.011

14 Mar 2025


From ATH

99.9%

From ATL

10.6%
Trending PERI Finance Fiat Pairs

What is PERI Finance (PERI)?

PERI Finance is a decentralized cross-chain synthetic issuance and derivative exchange protocol that provides unlimited liquidity on Polkadot network. With PERI fianance, anyone can access traditional financial products and crypto assets without hustles and bustles. Additionally, PERI Finance provides solutions to current issues suffering Defi-projects on Ethereum including absurdly high GAS fee, slow transaction speed and the possibility of various attacks such as front running and flash loan by harnessing Layer2 with OVM (Optimistic Virtual Machine).

On PERI Finance, anyone can enjoy the opportunity to accessing a wide range of traditional financial and crypto assets in the forms of both unleveraged and leveraged synthetic products by removing difficult procedures and inconvenient processes which are obligatory for anyone to be exposed to the investment assets in the traditional financial market. By simply staking PERI and minting pUSD, users can convert one asset to another or open long or short positions of leveraged contracts underlying various assets without any restriction. Pynth, stands for Peri Synthetic asset, is a synthetic asset which price follows to the price of the underlying asset. Pynths currently provided by PERI Exchange are Forex, Crypto Currency and Commodity.

PERI exchange has no need of liquidity provider. For the transaction of converting Pynths, the counterparty is the debt pool collateralized by PERI and USDC staked by the holders, so the liquidity available in the pool is infinite and no slippage exists. As for leveraged Pynths, perpetual contracts trading, virtual AMM backed by the staked PERI is the mechanism to provide the liquidity. Thanks to vAMM's unique property, there is no liquidity provider involved in the trading so the stakers have no risk to lose their PERI nor USDC

The stakers are incentivized by 3 types of rewords.

  1. The trading fees taken and pooled whenever Pynths are exchanged or leveraged Pynths contracts are traded on PERI.exchange.
  2. PERI inflation rewards designed to pay for staking PERI and USDC.
  3. The profits share generated by PERI assets. They will be distributed to the Stakers based on the contribution to the network. PERI Asset is an A.I Arbitrage Trading system operated by fund raised by PERI sales. It creates profits by finding risk-free arbitrage in the traditional market finance market and the crypto market


PERI.DAO

PERI tokens are also used for governance. We have created a PIP (PERI Improvement Proposals) system to collect community opinions, so that anyone can submit a PIP using 1PERI, and when adopted, the number of PERIs used for voting will be reflected in the system. The PERI used at this time will be returned.

PERI Finance Price Today

PERI Finance's current price is $ 0.0122, it has increased +0.63% over the past 24 hours.

PERI Finance's All Time High (ATH) of $ 10.04 was reached on 11 May 2021, and is currently -99.9% down.

The current circulating supply of PERI Finance is 13.50 Million tokens, and the maximum supply of PERI Finance is 20.00 Million.

PERI Finance’s 24 hour trading volume is $ 2.71 Thousands.

PERI Finance's current share of the entire cryptocurrency market is 0.00%, with a market capitalization of $ 164.27 Thousands.

You can find more details about PERI Finance on its official website and on the block explorer.

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