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.

How many employees does Perpetual Protocol have?

As of Apr 30, 2026, the latest employee count at Perpetual Protocol is 13.

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. Its primary sector is Cryptocurrencies. In France, the Cryptocurrencies sector has seen $75.4M in funding in 2026 to date.

Where does Perpetual Protocol rank among its competitors?

Perpetual Protocol ranks 13th amongst 77 active competitors, of which 35 are funded. It stands 10th in terms of total funding among its competitors. The most recent competitor to raise funding was Drift, which secured $100M in Apr, 2026.

Who are the top competitors of Perpetual Protocol?

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

13^th among 77 active competitors

Employee Count

13 as on Apr 30, 2026

Investment & Acquisitions

Teahouse & 2 more

Similar Companies

Synthetix & 81 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	6087293	ICO	2289353	2415026	4923370	1999269
Aug 30, 2020	2521213	Unattributed	5440998	1324932	Multicoin Capital	Three Arrows Capital & 1 more

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View details of Perpetual Protocol's funding rounds and investors

Perpetual Protocol's employee count trend

Perpetual Protocol has 13 employees as of Apr 26. Here is Perpetual Protocol's employee count trend over the years:

Employee count trend for Perpetual Protocol

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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	63/100
3rd	Drift 2021, United States, Series B	Future & options focused trading solutions for cryptocurrency	$28.8M	Multicoin Capital, Tether & 12 others	56/100
4th	DYDX International 2017, United States, Series C	Developer of a decentralised platform for perpetual contract trading	$87M	Andreessen Horowitz, Polychain & 44 others	56/100
5th	Avantis 2023, New York City (United States), Series A	Decentralized cryptocurrency trading platform	$16.3M	Pantera Capital, Founders Fund & 8 others	52/100
6th	Aark Digital 2023, New York (United States), Seed	Decentralized derivatives exchange platform	$6M	OKX, Arrington Capital & 8 others	50/100
7th	MYX Finance 2023, Singapore (Singapore), Seed	Online platform for perpetual trading	$5M	HSG, Consensys & 12 others	49/100
8th	EdgeX 2023, Singapore (Singapore), Seed	Developer of decentralized exchange platform providing perpetual and spot trading	-	Amber Group, Circle	49/100
9th	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, Hashed Emergent & 19 others	48/100
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	47/100
13th	Perpetual Protocol 1995, France, Early Stage	Online trading platform for cryptocurrency	$1.8M	Blockchain Coinvestors, Hack VC & 8 others	41/100

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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)