When was Perpetual Protocol founded?

Perpetual Protocol was founded in 1995 and raised its 1st funding round 25 years after it was founded.

Where is Perpetual Protocol located?

Perpetual Protocol is headquartered in France.

Is Perpetual Protocol a funded company?

Perpetual Protocol is a funded company, having raised a total of $1.8M across 2 funding rounds to date. The company's 1st funding round was a $***** Unattributed round, raised on Aug 30, 2020.

When was the latest funding round of Perpetual Protocol?

Perpetual Protocol's latest funding was a $***** ICO round on Sep 12, 2020, with participation from 0 investor.

Where does Perpetual Protocol rank among its competitors?

Perpetual Protocol ranks 15th amongst 70 active competitors, of which 31 are funded. It stands 10th in terms of total funding among its competitors. The most recent competitor to raise funding was MYX Finance, which secured an undisclosed amount in Feb, 2026.

Who are the top competitors of Perpetual Protocol?

Perpetual Protocol's top competitors include Synthetix, Blofin and Drift. Among them, MYX Finance secured the most recent funding round in February, 2026.

Perpetual Protocol - 2026 Company Profile, Funding & Competitors

Company Details

Online trading platform for cryptocurrency. It enables users to buy and sell cryptocurrency. It supports crypto assets, gold, fiat, commodities, and more. It allows users to earn fees by providing liquidity or staking protocol tokens. It also offers L2 scaling and transactions solutions.

Website: perp.com
Social

Key Metrics

Founded Year

1995

Location

France

Stage

Early Stage

Total Funding

$1.8M in 2 rounds

Latest Funding Round

ICO, Sep 12, 2020, $*****

Investors

Multicoin Capital & 9 more

Ranked

15^th among 70 active competitors

Investment & Acquisitions

Teahouse & 2 more

Similar Companies

Synthetix & 74 more

View Perpetual Protocol's full profile

Perpetual Protocol has raised a total funding of $1.8M over 2 rounds. Its first funding round was on Aug 30, 2020. Perpetual Protocol has 10 institutional investors.

Here is the list of recent funding rounds of Perpetual Protocol:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Sep 12, 2020	1394861	ICO	4359744	5556988	2164661	6963376
Aug 30, 2020	3723650	Unattributed	5345297	2928132	Multicoin Capital	Three Arrows Capital & 1 more

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Top competitors of Perpetual Protocol include Synthetix, Blofin and Drift. Here is the list of Top 10 competitors of Perpetual Protocol, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Synthetix 2017, Sydney (Australia), Series B	Operator of a platform for perpetual futures trading on Ethereum	$36M	Coinbase, IOSG Ventures & 17 others	67/100
2nd	Blofin 2019, George Town (Cayman Islands), Series B	Cryptocurrency futures trading platform	$50M	KuCoin, SIG & 1 others	64/100
3rd	Drift 2021, United States, Series B	Future & options focused trading solutions for cryptocurrency	$28.8M	Multicoin Capital, Robvc & 11 others	54/100
4th	Avantis 2023, New York City (United States), Series A	Decentralized cryptocurrency trading platform	$16M	Pantera Capital, Founders Fund & 7 others	53/100
5th	Aark Digital 2023, New York (United States), Seed	Decentralized derivatives exchange platform	$6M	OKX, HashKey Capital & 8 others	50/100
6th	EdgeX 2023, Dubai (United Arab Emirates), Seed	Developer of decentralized exchange platform providing perpetual and spot trading	-	Amber Group, Circle	49/100
7th	MYX Finance 2023, Singapore (Singapore), Seed	Online platform for perpetual trading	$5M	Consensys, HSG & 12 others	49/100
8th	LogX 2021, George Town (Cayman Islands), Seed	Provider of a decentralized derivatives trading platform and DeFi superapp for on-chain perpetuals trading	$10.1M	Saison Capital, Antler & 19 others	48/100
9th	ETHGas 2024, Cayman Islands, Seed	Operator of a marketplace for Ethereum blockspace commitments and trading	$17M	Polychain, Lafayette Macro Advisors & 6 others	45/100
10th	Ostium 2022, Chicago (United States), Series A	Platform providing on-chain perpetual swaps for stocks, indices, commodities, and FX	$28M	Jump Crypto, General Catalyst & 9 others	44/100
15th	Perpetual Protocol 1995, France, Early Stage	Online trading platform for cryptocurrency	$1.8M	Hack VC, Blockchain Coinvestors & 8 others	40/100

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Perpetual Protocol has made 3 investments including Teahouse, Ex Populus and IZUMI. Perpetual Protocol has not made any acquisitions as of now.

Here is the list of its investments:

Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Apr 24, 2023	Investments	Teahouse	2021	Taipei (Taiwan)
Dec 15, 2021	Investments	Ex Populus	2015	San Francisco (United States)
Dec 09, 2021	Investments	IZUMI	2021	Tokyo (Japan)