As a decentralized perpetual futures exchange that’s fully on-chain, Perp is committed to full transparency around our users, health of the protocol and trading activities. This article presents 5 dashboards that you can use to track trader activity and the growth of Perp.
The official Dune dashboard, created by Perp co-founder Yenwen Feng, gives a comprehensive overview of the protocol, including statistics on traders, the fees and trading volume generated by each market.
Anyone can gain a clear overview of the state of the protocol by examining the clearinghouse contract’s balance, the current value of the insurance fund, as well as a visualization of liquidations.
The clearinghouse contract’s balance is the sum of all collateral deposited by all users, and this smart contract handles leverage, liquidations and all of the trading.
The insurance fund balance shows the safety net available to ensure profitable positions can be paid out in full and liquidated traders do not end up with bad debt.
Once the new PERP tokenomics model is complete and the USDC fee sharing feature is launched, we’ll be adding more charts to this dashboard so you can track the percentage of the PERP supply locked into vePERP, the average APR and other relevant statistics for token holders.
If there is any information you’d like to see added to our official Dune Analytics dashboard, join our Discord community or reach out to us on Twitter!
With the recent scare around the solvency of centralized exchanges and the concept of ‘proof of reserves’ entering the limelight, we launched a dashboard in collaboration with the on-chain analytics platform Nansen for greater transparency. The dashboard shows the value of all assets held in Perp v2’s clearinghouse smart contract, as well as all transactions in real time.
While this dashboard shows some of the same things as the Dune dashboard in the previous section, the Nansen dashboard is another independent source for verification.
Our grants program funded the development of Perp Terminal, which shows the trading volume for different markets, as well as trades made by each address in real time and a leaderboard tracking the most profitable traders.
Another unique feature of Perp Terminal is the address book. This feature can be used to track other addresses to see what assets they’re buying or selling.
You can also dive deep into each individual market on Perp. For example, if you’re interested in the ETH-USD market, you can head over to this page to see the trading volume over time, live trades and the amount of fees generated.
*If you’re a builder, check out our requests for proposals to get funded! We’re specifically interested in people or projects that can build maker vaults on top of Perp and alternative front ends using our open sourced SDK. *
The Token Terminal dashboard shows metrics related to revenue and valuation, including revenues, the value of the Perp Foundation’s treasury, the price-to-sales ratio (illustrating Perp’s valuation in relation to revenue), and the price-to-fees ratio (illustrating valuation in relation to fees).
The composition by contract tab shows the breakdown of trading volume, fees for each market, as well as a breakdown of the treasury by asset. The daily active users option underneath this tab shows the number of depositors, traders and withdrawers.
As shown above, Perp has witnessed steady growth over the past few months in the number of daily active traders.
The fifth and final dashboard is built by Optimism’s data team, providing deep insights into user behavior and activity not just for Perp, but for all projects across the OP ecosystem.
The deep dive dashboard displays a range of interesting metrics, such as:
The number of transactions (both overall and by a particular smart contract).
User characteristics (such as age of address, most active users and retention).
User affinity with other projects, so you can see which other protocols are popular with Perp users.
And details of other projects building on top of, or interacting, with our protocol.
To see more visualizations relating to Perpetual Protocol, check out the dashboard page from our help center.
As a decentralized perpetual futures exchange that’s fully on-chain, Perp is committed to full transparency around our users, health of the protocol and trading activities. This article presents 5 dashboards that you can use to track trader activity and the growth of Perp.
The official Dune dashboard, created by Perp co-founder Yenwen Feng, gives a comprehensive overview of the protocol, including statistics on traders, the fees and trading volume generated by each market.
Anyone can gain a clear overview of the state of the protocol by examining the clearinghouse contract’s balance, the current value of the insurance fund, as well as a visualization of liquidations.
The clearinghouse contract’s balance is the sum of all collateral deposited by all users, and this smart contract handles leverage, liquidations and all of the trading.
The insurance fund balance shows the safety net available to ensure profitable positions can be paid out in full and liquidated traders do not end up with bad debt.
Once the new PERP tokenomics model is complete and the USDC fee sharing feature is launched, we’ll be adding more charts to this dashboard so you can track the percentage of the PERP supply locked into vePERP, the average APR and other relevant statistics for token holders.
If there is any information you’d like to see added to our official Dune Analytics dashboard, join our Discord community or reach out to us on Twitter!
With the recent scare around the solvency of centralized exchanges and the concept of ‘proof of reserves’ entering the limelight, we launched a dashboard in collaboration with the on-chain analytics platform Nansen for greater transparency. The dashboard shows the value of all assets held in Perp v2’s clearinghouse smart contract, as well as all transactions in real time.
While this dashboard shows some of the same things as the Dune dashboard in the previous section, the Nansen dashboard is another independent source for verification.
Our grants program funded the development of Perp Terminal, which shows the trading volume for different markets, as well as trades made by each address in real time and a leaderboard tracking the most profitable traders.
Another unique feature of Perp Terminal is the address book. This feature can be used to track other addresses to see what assets they’re buying or selling.
You can also dive deep into each individual market on Perp. For example, if you’re interested in the ETH-USD market, you can head over to this page to see the trading volume over time, live trades and the amount of fees generated.
*If you’re a builder, check out our requests for proposals to get funded! We’re specifically interested in people or projects that can build maker vaults on top of Perp and alternative front ends using our open sourced SDK. *
The Token Terminal dashboard shows metrics related to revenue and valuation, including revenues, the value of the Perp Foundation’s treasury, the price-to-sales ratio (illustrating Perp’s valuation in relation to revenue), and the price-to-fees ratio (illustrating valuation in relation to fees).
The composition by contract tab shows the breakdown of trading volume, fees for each market, as well as a breakdown of the treasury by asset. The daily active users option underneath this tab shows the number of depositors, traders and withdrawers.
As shown above, Perp has witnessed steady growth over the past few months in the number of daily active traders.
The fifth and final dashboard is built by Optimism’s data team, providing deep insights into user behavior and activity not just for Perp, but for all projects across the OP ecosystem.
The deep dive dashboard displays a range of interesting metrics, such as:
The number of transactions (both overall and by a particular smart contract).
User characteristics (such as age of address, most active users and retention).
User affinity with other projects, so you can see which other protocols are popular with Perp users.
And details of other projects building on top of, or interacting, with our protocol.
To see more visualizations relating to Perpetual Protocol, check out the dashboard page from our help center.
Subscribe to Nekodex by Perpetual Protocol 🥨
Subscribe to Nekodex by Perpetual Protocol 🥨
Nekodex by Perpetual Protocol 🥨Stealth Addresses Explained (And How To Use Them)
A simple explainer of stealth addresses, the plans for making them standardized for Ethereum and a walkthrough of how to use stealth addresses on Optimism today! When looking at the overall DeFi market, privacy-preserving protocols only make up a very small part of it by total value locked. According to statistics provided by DeFiLlama, just 0.52% of the entire TVL is attributed to privacy applications, with Aztec and Tornado Cash taking the lion’s share. Cryptocurrencies hold a lot of potent...
Nekodex by Perpetual Protocol 🥨The Arrival of Real Yield: Lazy River 2.0
The most anticipated feature on Perp is finally here: USDC fee sharing! As a big upgrade to our staking program on Optimism, Lazy River 2.0 will begin distributing a stablecoin yield to vePERP holders from the protocol’s revenue.To start earning yield, you’ll first need to hold some PERP on Optimism. Check out this guide which provides a walkthrough for bridging to Optimism (we recommend using Optimism Gateway) and view the exchanges where you can buy PERP here.With the arrival of real yield,...
Nekodex by Perpetual Protocol 🥨How to Hedge Against Impermanent Loss with Deribit’s Volatility Futures
In this guide, we’ll show you how you can hedge against impermanent loss when providing liquidity to Perp’s Bitcoin market using Deribit’s newly launched volatility futures product. Makers (AKA liquidity providers) on Perp can earn trading fees and liquidity mining rewards. However, as the price moves away from your entry point and traders consume the liquidity you provide, you face impermanent loss (or IL for short). But there are ways to hedge described in the article below. How to Mitigate...
Nekodex by Perpetual Protocol 🥨Stealth Addresses Explained (And How To Use Them)
A simple explainer of stealth addresses, the plans for making them standardized for Ethereum and a walkthrough of how to use stealth addresses on Optimism today! When looking at the overall DeFi market, privacy-preserving protocols only make up a very small part of it by total value locked. According to statistics provided by DeFiLlama, just 0.52% of the entire TVL is attributed to privacy applications, with Aztec and Tornado Cash taking the lion’s share. Cryptocurrencies hold a lot of potent...
Nekodex by Perpetual Protocol 🥨The Arrival of Real Yield: Lazy River 2.0
The most anticipated feature on Perp is finally here: USDC fee sharing! As a big upgrade to our staking program on Optimism, Lazy River 2.0 will begin distributing a stablecoin yield to vePERP holders from the protocol’s revenue.To start earning yield, you’ll first need to hold some PERP on Optimism. Check out this guide which provides a walkthrough for bridging to Optimism (we recommend using Optimism Gateway) and view the exchanges where you can buy PERP here.With the arrival of real yield,...
Nekodex by Perpetual Protocol 🥨How to Hedge Against Impermanent Loss with Deribit’s Volatility Futures
In this guide, we’ll show you how you can hedge against impermanent loss when providing liquidity to Perp’s Bitcoin market using Deribit’s newly launched volatility futures product. Makers (AKA liquidity providers) on Perp can earn trading fees and liquidity mining rewards. However, as the price moves away from your entry point and traders consume the liquidity you provide, you face impermanent loss (or IL for short). But there are ways to hedge described in the article below. How to Mitigate...
Share Dialog
Share Dialog
>400 subscribers
>400 subscribers
No comments yet