
Perennial
A perpetuals protocol on a dedicated Arbitrum-based rollup with intent-based execution and delta-hedged liquidity vaults.

What is Perennial?
Perennial is a decentralized perpetuals protocol built on its own Arbitrum rollup designed specifically for derivatives trading. Traders submit signed intents that solvers route to on-chain and off-chain liquidity, eliminating per-trade gas costs and supporting up to 80x leverage on BTC, ETH, SOL, and other markets. Liquidity providers deposit into delta-hedged vaults that supply both sides of every market. Backed by Polychain, Variant, Archetype, and Coinbase Ventures.
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App store listings are independently reviewed and written by Alchemy using a combination of inbound submissions, editorial research, public project sources, and third-party directories, including ecosystem data from The Grid under the Open Database License, DefiLlama, DappRadar, Reown, and chain ecosystem pages.

