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![Perpetual Protocol (PERP Token) Explained Simply](https://1a-1791.com/video/s8/1/k/F/v/B/kFvBf.qR4e-small-Perpetual-Protocol-PERP-Tok.jpg)
Perpetual Protocol (PERP Token) Explained Simply
Perpetual Protocol is a decentralised exchange for futures on Ethereum and xDai. Perpetual Protocol uses Chainlink as oracle for funding rate calculations. The project has been audited by Consensys and Peckshield.
Perp Token (PERP) is an ERC-20 utility token that incentives and facilitates the decentralised governance of the protocol. PERP tokens can be found on exchanges such as Binance, Kraken, FTX among others. You can find link to those exchanges here: https://decentralised.news/ecosystem/
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