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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

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.

Verification and freshness

  • Not verified yet.
  • Last updated on November 8, 2026.

Alternatives to Perpl

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