Exchange record
Perennial
Hybrid decentralized perpetuals protocol combining off-chain signed intents and solver execution with on-chain AMM settlement, collateral, oracle pricing, and market accounting across current trading frontends.
HYBRIDActive
Also known as: Perennial Finance, Perennial V2, perp.fun
Key facts
Launch date
—
Death date
—
Years
—–—
Origin
Arbitrum and Base ecosystems
Confidence
medium
Last verified
2026-07-28
URL handling
Preferred action
Use current URL handling based on status below.
URL status
Live verified
Original URL
Archived URL
Summary
Hybrid decentralized perpetuals protocol combining off-chain signed intents and solver execution with on-chain AMM settlement, collateral, oracle pricing, and market accounting across current trading frontends.
Timeline
No events yet
This record does not have timeline entries yet.
Related records
Notes and record state
Record note
Current first-party documentation describes Perennial as a full-stack perpetuals ecosystem with a hybrid intent-AMM model, off-chain signed order intents, solver execution, and on-chain settlement against isolated derivative markets. Current guides document connected-wallet and embedded-wallet trading through app.perennial.finance and perp.fun. Current independently maintained metrics report non-zero 7-day and 30-day perpetual volume and material Arbitrum TVL, although 24-hour volume was zero at the review snapshot, so confidence remains medium. HEI models Perennial V2, the dedicated rollup, app.perennial.finance, and perp.fun as one protocol-level entity rather than separate exchanges. No exact launch date or legal jurisdiction is asserted.
Revision state
Records may be incomplete, approximate, contested, or revised as better evidence becomes available.
This record may be incomplete or revised. Dead-side entries prefer archived URLs over original domains. Dates, causes, and classifications may change when stronger evidence becomes available. Contact / corrections
Navigation
Registry
Active-side
Contact / Corrections
GitHub Issues