PERI Finance is a decentralized cross-chain synthetic issuance and derivative exchange protocol that provides unlimited liquidity.
PERI Finance Market Cap
24h Trade Volume
All-Time-High (ATH) Price
PERI Finance's current price is $ 1.25, it has dropped -4.79% over the past 24 hours.
PERI Finance's All Time High (ATH) of $ 10.03 was reached on 11 May 2021, and is currently -87.6% down.
The maximum supply of PERI Finance that will ever be issued is 20.00 Millions tokens, and the current supply of PERI in circulation is 2.55 Millions tokens.
PERI Finance’s 24 hour trading volume is $ 131.07 Thousands.
PERI Finance's current share of the entire cryptocurrency market is 0.00%, with a market capitalization of $ 3.18 Millions.
PERI Finance Price
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.
The PERI Finance to USD chart is designed for users to instantly see the changes that occur on the market and predicts what will come next.
PERI to USD Converter
PERI Finance Quarterly Returns ($)
PERI Finance Closing Price (USD) - Quarterly
|2021||$ 1.75||$ 1.34|
PERI Finance Monthly Returns ($)
PERI Finance USD (PERI - USD) Price Change
|24H||-$ 0.0628||-4.79%||$ 1.33||$ 1.25|
|7D||$ 0.0138||+1.12%||$ 1.34||$ 1.19|
|14D||-$ 0.105||-7.75%||$ 1.40||$ 1.17|
|1M||-$ 0.121||-8.87%||$ 1.61||$ 1.12|
|3M||-$ 1.60||-56.2%||$ 4.56||$ 1.12|
PERI Finance Annual Price
|2021||-87.6%||$ 10.04||$ 1.12|
What is PERI Finance
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.
- The trading fees taken and pooled whenever Pynths are exchanged or leveraged Pynths contracts are traded on PERI.exchange.
- PERI inflation rewards designed to pay for staking PERI and USDC.
- 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 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.