perennial

## perennial What is Perennial? Perennial is a decentralized finance (DeFi) protocol designed specifically for trading perpetual futures. Perennial Labs raised $12 million in seed funding co-led by Polychain Capital and Variant, with participation from prominent investors including Archetype, Coinbase Ventures, Scalar Capital, Robot Ventures, and a.capital. This substantial backing provides the resources needed for continued development and growth of the protocol. The protocol addresses key challenges in the DeFi derivatives space by unifying liquidity and optimizing trade execution. Perennial offers distinctive features such as zero price slippage, cash-settled trades in USD, and utilization-based funding rates, making it a versatile foundation for creating and trading perpetual contracts. As a specialized platform built from first principles, Perennial aims to serve as essential infrastructure for developers, traders, and liquidity providers. **Temperature:** 0° ### Steps to Participate 1. Set up a compatible wallet 2. Obtain ETH for gas fees 3. Get USDC for trading 4. Connect to Perennial 5. Deposit funds 6. Start trading 7. Activate referral code 8. Create your referral link 9. Trade regularly 10. Participate in Petal Quests 11. Stay updated 12. Diversify your trading 13. Optimize position sizes 14. Manage funding rates 15. Time your trades 16. Target active traders 17. Educate your referrals 18. Share your experiences *Source: [airdrops.io](https://airdrops.io/perennial/)*

### Steps to Participate 1. Set up a compatible wallet 2. Obtain ETH for gas fees 3. Get USDC for trading 4. Connect to Perennial 5. Deposit funds 6. Start trading 7. Activate referral code 8. Create your referral link 9. Trade regularly 10. Participate in Petal Quests 11. Stay updated 12. Diversify your trading 13. Optimize position sizes 14. Manage funding rates 15. Time your trades 16. Target active traders 17. Educate your referrals 18. Share your experiences