Perpl
Perpl is an on-chain perpetual futures exchange on Monad where users trade crypto with leverage.
- Category
- Derivatives
- Used for
About Perpl
Perpl is a decentralized perpetual futures exchange built on the Monad EVM blockchain. It is designed to offer perpetual contract trading fully on-chain without using off-chain matching engines or off-chain components.
The protocol utilizes a central limit order book (CLOB) model where market matching, execution, and settlement take place directly on the Monad layer-1 blockchain.
Key features
- Executes matching, order book management, and settlement entirely on-chain.
- Provides central limit order book (CLOB) architecture for perpetual futures.
- Includes embedded charts powered by TradingView for technical analysis.
- Optimizes gas usage to under 100k gas for market-maker post and cancel operations.
What it is used for
- Trade crypto assets with leverage using stablecoins as margin without expiration dates.
- Conduct advanced technical charting and price analysis.
What it does
Used for
Who it is for
Kind of tool
- Exchange
Platforms
- Web
Things to know
- Perpl operates on a self-custodial model.
- Perpetual futures contracts on the exchange require a price oracle and a stablecoin for margin.
Official channels
Follow these, not look-alikes: each is linked from Perpl’s own website or confirmed by its team.
- X (opens in a new tab)Verified from perpl.xyz, checked November 8, 2026
Verification and freshness
- Not verified yet.
- Last updated on November 8, 2026.