Perpl
Fully on-chain perpetual futures DEX on Monad with CLOB architecture — $9.5M raised from Dragonfly, every order settled on-chain
Farming Overview
Key Statistics
How to Farm Perpl
- Trade perpetual futures on app.perpl.xyz to build on-chain volume history
- Earn Origin Badges by hitting $500K+ trading volume before May 5, 2026
- Deposit stablecoins via Agora integration for 4%+ APY while waiting for trading opportunities
- Private mainnet is live (whitelist, 5 assets) — get whitelisted and build real trading history before public launch
- Participate in Discord community for roles and potential airdrop eligibility
Why Farm Perpl?
- $9.5M raised ($9.25M seed led by Dragonfly + $250K Echo community round) — Brevan Howard, CMS, Mirana backing
- PERPL token confirmed via Echo community sale — token existence guaranteed, not speculative
- First fully on-chain CLOB perpetual DEX on Monad — no off-chain matching, full verifiability
- Monad's 10,000 TPS / 500ms blocks with near-zero gas enables on-chain market making previously impossible
- Origin Badges and Private Mainnet Waitlist programs active through May 2026 — early badge holders get preferential allocation
- Perp DEX sector hit $8T volume in 2025 — Perpl enters at the inflection point of on-chain derivatives
About Perpl
Perpl is a fully on-chain perpetual futures DEX built on Monad, using a Central Limit Order Book (CLOB) where every order, trade, match, settlement, and liquidation happens directly on-chain with no off-chain components. Backed by $9.5M from Dragonfly Capital, Brevan Howard Digital, HashKey Capital, and CMS Holdings. The PERPL token has been confirmed via an Echo public sale but has not yet launched. Origin Badges campaign rewards early traders with non-transferable NFTs tied to future benefits.
Similar Perp DEX Protocols
Frequently Asked Questions
What is Perpl and how does it work?
Perpl is a fully on-chain perpetual futures DEX built on Monad, using a Central Limit Order Book (CLOB) where every order, trade, match, settlement, and liquidation happens directly on-chain with no off-chain components. Backed by $9.5M from Dragonfly Capital, Brevan Howard Digital, HashKey Capital, and CMS Holdings. The PERPL token has been confirmed via an Echo public sale but has not yet launched. Origin Badges campaign rewards early traders with non-transferable NFTs tied to future benefits.
How do I farm the Perpl airdrop?
To farm the Perpl airdrop, you should: Trade perpetual futures on app.perpl.xyz to build on-chain volume history. Earn Origin Badges by hitting $500K+ trading volume before May 5, 2026. Deposit stablecoins via Agora integration for 4%+ APY while waiting for trading opportunities. Private mainnet is live (whitelist, 5 assets) — get whitelisted and build real trading history before public launch. Perpl is currently in the mid-early farming stage with farming active airdrop status.
What is the expected value of the Perpl airdrop?
The Perpl airdrop has an expected value rating of 2 out of 5 ($$). The farming stage is mid-early and the airdrop status is farming active. Expected value ratings on The Farmers Market consider factors like protocol TVL, funding, team quality, and token economics.
Why should I farm Perpl?
$9.5M raised ($9.25M seed led by Dragonfly + $250K Echo community round) — Brevan Howard, CMS, Mirana backing PERPL token confirmed via Echo community sale — token existence guaranteed, not speculative First fully on-chain CLOB perpetual DEX on Monad — no off-chain matching, full verifiability