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perennial airdrop

๐‘ญ๐’๐’๐’๐’๐’˜ ๐’–๐’”:

Newsletter
๐‘ท๐’๐’‚๐’•๐’‡๐’๐’“๐’Ž: Ethereum
๐‘จ๐’Š๐’“๐’…๐’“๐’๐’‘๏ผš Confirmed โœ…
๐‘ซ๐’Š๐’”๐’„๐’๐’‚๐’Š๐’Ž๐’†๐’“: ๐‘น๐’†๐’‡๐’†๐’“ ๐’•๐’ ๐’•๐’‰๐’† perennial ๐’๐’‡๐’‡๐’Š๐’„๐’Š๐’‚๐’ ๐‘ฟ ๐’‚๐’๐’… ๐’…๐’ ๐’…๐’๐’–๐’ƒ๐’๐’† ๐’„๐’‰๐’†๐’„๐’Œ ๐’•๐’ ๐’‚๐’—๐’๐’Š๐’… ๐’๐’๐’”๐’”๐’†๐’” ๐’„๐’‚๐’–๐’”๐’†๐’… ๐’ƒ๐’š ๐’‘๐’‰๐’Š๐’”๐’‰๐’Š๐’๐’ˆ ๐’˜๐’†๐’ƒ๐’”๐’Š๐’•๐’†๐’”.

๐Ÿ.๐‘ซ๐’†๐’•๐’‚๐’Š๐’๐’”:

Perennial Introduction

Redefining derivatives trading for DeFi

What is Perennial?

Perennial is a decentralized finance (DeFi) protocol designed specifically for perpetual contract trading. Perennial Labs raised $12 million in seed funding, backed by notable investors including Polychain Capital and Variant, as well as Archetype, Coinbase Ventures, Scalar Capital, Robot Ventures, and a.capital. This strong financial support ensures the continuous development and ecological expansion of Perennial.

Perennial addresses critical pain points in the DeFi derivatives market by unifying liquidity and optimizing trade execution, providing core functionalities such as zero slippage trading, cash settlement in USD, and a capital utilization-based fee mechanism. As a professionally built derivatives platform from the ground up, Perennial is committed to creating efficient infrastructure for developers, traders, and liquidity providers.

Full-Stack Perpetual Contract Ecosystem

Perennial employs a layered architecture to create the most capital-efficient and smooth seamless trading experience for perpetual contracts:

๐Ÿ”น Protocol Layer

  • The foundational protocol for perpetual contracts designed for leverage trading.
  • Traders (Takers) open positions while market makers & liquidity providers (LPs) manage risks.
  • Uses a hybrid Intent-AMM model to construct a tripartite market settled at oracle prices.

๐Ÿ”น Rollup Layer

  • A proprietary perpetual contract Rollup running on the Base ecosystem, providing ultra-low transaction fees, high throughput, and fast transaction execution, ensuring an incredibly smooth trading experience.

๐Ÿ”น Product Layer

  • Multiple trading front-ends are built on the Perennial protocol:
    • app.perennial.finance โ€” Exclusively for professional traders
    • perp.fun โ€” A lightweight trading interface for retail
    • Third-party integrations (like Slingshot, coming soon)

How Perennial Works

As a market-isolated derivatives protocol, Perennial provides a settlement layer for decentralized perpetual contract trading.

๐Ÿ’ก Traders (Takers): Can submit off-chain (Intent orders) or on-chain (AMM orders) to gain leveraged exposure to the marketโ€™s oracle prices.
๐Ÿ’ก Liquidity providers (LPs): Provide liquidity when there is a position gap among traders, earning trading fees while taking on market risks.

๐Ÿ“Œ Trading Mechanism:
1๏ธโƒฃ Traders deposit margin and open long/short positions, choosing either a standard contract or structured derivatives.
2๏ธโƒฃ Intent orders: Off-chain matching, orders settle to AMM post-matching.
3๏ธโƒฃ AMM orders: Traders hedge directly against each other in the market.
4๏ธโƒฃ If a gap exists between traders, liquidity providers (LPs) step in to fill the funding gap and earn fees based on market long-short imbalances.
5๏ธโƒฃ Losers pay winners, and trading continues to ensure the stable operation of the market.


Why Choose Perennial?

Perennial is a minimalist, native DeFi perpetual contract foundational protocol, designed to provide the core infrastructure of the derivatives market while allowing developers, traders, and liquidity providers to interact freely at different levels.

๐Ÿš€ Unique Advantages of Perennial:
โœ… Hybrid Intent-AMM Model โ€” Combines off-chain Intent matching with on-chain AMM settlement to provide deeper liquidity and optimal execution efficiency.
โœ… Cash Settlement โ€” Trading is settled in USD cash, aligning with the most popular derivatives model in the crypto market.
โœ… Ultra-Low Transaction Fees โ€” Efficient architectural design reduces costs for traders and market makers.
โœ… Native LP Leverage โ€” LPs can provide liquidity with up to 50x leverage and can customize risk management strategies.
โœ… Developer-Friendly โ€” Modular, fully on-chain, easy to integrate & expand.
โœ… Permissionless โ€” Anyone can create markets, integrate protocols, and build a DeFi ecosystem.


Perennial redefines DeFi perpetual contract trading with its innovative Intent-AMM mechanism and Base Rollup design, providing ultimate capital efficiency in the market while building an open and composable derivatives ecosystem for developers, traders, and LPs. ๐Ÿš€


๐Ÿ.๐‘บ๐’•๐’†๐’‘-๐’ƒ๐’š-๐‘บ๐’•๐’†๐’‘ ๐‘ฎ๐’–๐’Š๐’…๐’†:

Perennial Airdrop Program: Petals Plan

Perennial is currently running the Petals Plan, a long-term rewards mechanism aimed at incentivizing early users and new participants. This program distributes 1,250,000 Petals (points) to active users every week. Although the officials have not explicitly defined it as an airdrop, the structure of the Petals plan is similar to common retroactive rewards programs in the DeFi space, which are often viewed as a precursor to token distribution.

Currently, this program has entered season two, accompanied by the independent launch of Perennialโ€™s perpetual contract Rollup on February 25, 2025, within the Base ecosystem. This new phase encourages traders to experience its efficient trading environment and accumulate Petals within the Perennial ecosystem, becoming early contributors.

How to Earn Perennial Petals? (Detailed Guide)

Follow these steps to join the Petals program, earn points, and improve your future eligibility for airdrops:

1๏ธโƒฃ Set Up Wallet

  • Install MetaMask or another wallet that supports the Base Network.

2๏ธโƒฃ Acquire ETH for Gas Fees

3๏ธโƒฃ Exchange for USDC for Trading

  • You can buy USDC on the exchanges listed above and withdraw it to the Base chain.

4๏ธโƒฃ Connect to the Perennial Platform

5๏ธโƒฃ Deposit Funds

  • Go to the deposit page and deposit your USDC to start trading.

6๏ธโƒฃ Start Trading

  • Open positions in supported perpetual markets to start accumulating Petals.

7๏ธโƒฃ Maintain Active Trading

  • Keep up consistent trading to maximize your weekly Petals rewards.

8๏ธโƒฃ Participate in Petal Tasks

  • Engage in community challenge tasks to earn additional Petals.

9๏ธโƒฃ Follow Perennial Official Updates

  • Follow Perennial on X (Twitter) to receive timely updates on the program and new events.

How to Maximize Your Petals Earnings?

๐Ÿ“ˆ Optimize Trading Strategies

โœ… Diversify Trading: Trade across multiple markets to increase activity.
โœ… Optimize Position Sizes: Balance gas fees and position sizes to improve yield.
โœ… Manage Funding Rates: Utilize reasonable funding rate strategies to enhance overall returns.
โœ… Trade During Low Gas Periods: Reduce trading costs to increase net profits.

๐Ÿค Optimize Referral System

โœ… Invite Active Traders: Prioritize referrals to users with trading habits to enhance matched earnings by 25%.
โœ… Help New Users Get Started: Provide guides and tutorials to increase retention of referred users.
โœ… Share Your Trading Experience: Showcase your Perennial trading experiences through social media to enhance credibility.


Frequently Asked Questions (FAQ)

1๏ธโƒฃ How is Perennial different from other derivatives platforms?
Perennial adopts a minimalist, first-principles design and focuses solely on perpetual contract trading. Its features include zero slippage, customizable market structures, and rates based on capital utilization, providing a more efficient trading experience through a Base exclusive Rollup.

2๏ธโƒฃ Do I need to hold specific tokens to participate in the Petals program?
No, all you need is to hold USDC as collateral for trading and a small amount of ETH for gas fees. Currently, Perennial has not launched a native token.

3๏ธโƒฃ How are Petals distributed?
1,250,000 Petals are distributed every week, with specific allocations based on trading activity and referral rewards, but the exact rules have not been disclosed.

4๏ธโƒฃ Is there a minimum funding requirement for trading?
Perennial does not have a strict minimum trading threshold, but it is recommended to deposit at least 50-100 USDC to ensure gas fees do not excessively erode your capital.

5๏ธโƒฃ When will the Petals program end?
The official end date has not been announced. As a long-term incentive program, the Petals program is currently in a growth phase, and it is advisable to stay tuned to official announcements.


Conclusion: Why Participate in Perennial?

Perennial provides an efficient and low-cost solution for DeFi perpetual contract trading. Its exclusive Rollup structure optimizes the trading experience, making it a capital-efficient derivatives trading platform.

Joining the Petals program allows you to experience this innovative technology and may potentially qualify you for governance token airdrops in the future.

If you are interested in projects with unissued tokens and wish to receive potential future airdrops, check out our curated potential airdrop list to not miss the next big DeFi airdrop opportunity! ๐Ÿš€

You can also get perennialโ€™s airdrop by participating the following projects:


๐Ÿ‘.๐‘ท๐’‚๐’“๐’•๐’Š๐’„๐’Š๐’‘๐’‚๐’•๐’† ๐’Š๐’ perennial ๐’‚๐’Š๐’“๐’…๐’“๐’๐’‘ ๐’‚๐’๐’… ๐’†๐’‚๐’“๐’:
Perennial Points


4.๐‘บ๐’Š๐’Ž๐’Š๐’๐’‚๐’“ ๐’‘๐’“๐’๐’‹๐’†๐’„๐’• ๐’“๐’†๐’„๐’๐’Ž๐’Ž๐’†๐’๐’…๐’‚๐’•๐’Š๐’๐’๐’”:


5.๐‘ญ๐’–๐’๐’…๐’“๐’‚๐’Š๐’”๐’Š๐’๐’ˆ:
Total Raised 12 M


6.๐‘ณ๐’‚๐’•๐’†๐’”๐’• ๐‘จ๐’Š๐’“๐’…๐’“๐’๐’‘๐’”:


7.๐‘ฏ๐’๐’• ๐‘จ๐’Š๐’“๐’…๐’“๐’๐’‘๐’”:

๐‘บ๐’–๐’ƒ๐’”๐’„๐’“๐’Š๐’ƒ๐’† ๐‘ต๐’†๐’˜๐’”๐’๐’†๐’•๐’•๐’†๐’“๐’”:

๐‘ต๐’†๐’˜๐’”๐’๐’†๐’•๐’•๐’†๐’“๐’”

๐‘ซ๐’๐’โ€™๐’• ๐’‡๐’๐’“๐’ˆ๐’†๐’• ๐’•๐’ ๐’‡๐’๐’๐’๐’๐’˜ ๐’–๐’” ๐’๐’:

๐’•๐’ ๐’“๐’†๐’„๐’†๐’Š๐’—๐’† ๐’๐’†๐’˜ ๐’‚๐’Š๐’“๐’…๐’“๐’๐’‘๐’”!