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Perpl - DeFi Dapps - Lancers Web3 Explorer

Perpl

Free

Decentralized Derivatives

Perpl is a decentralized perpetual futures exchange with leverage on Monad.

Monad

About Perpl

Perpl is a perpetuals exchange on Monad offering leveraged positions on crypto markets.

The documentation sets out its trading mechanics and the reasoning behind building another perp DEX on a new chain.

It is aimed at traders wanting leverage denominated and settled natively on Monad.

Understanding Perpetual Market Liquidations
Explains how leverage and collateral changes trigger liquidation in perpetual futures markets.
ExplainerPerpl
Leverage Descent and Open-Interest Caps
Explains why oversized leveraged positions can threaten a perp market and how Perpl limits open interest.
SecurityPerpl