PERP is the native cryptocurrency of Perpetual Protocol, a decentralized and trustless perpetual futures platform built on Ethereum. Perpetual Protocol aims to provide users with a seamless trading experience, offering perpetual futures contracts for various crypto assets and up to 10x leverage. By removing intermediaries and allowing for P2P trading, Perpetual Protocol aims to reduce fees and improve accessibility for users. The PERP token plays a vital role in the Perpetual Protocol ecosystem, facilitating transactions, incentivizing liquidity provision, and granting voting rights for governance decisions. As the demand for decentralized and trustless futures trading grows, Perpetual Protocol and the PERP token may see increased adoption and potential growth."