Perpy Finance $PRY

Perpy Finance is a fully on-chain protocol, primarily focused on enabling social trading on decentralized perpetual exchanges. This novel crypto project stands out with its unique copy trading solution, developed on top of GMX through a series of smart contracts. As an investor, Perpy provides the opportunity to replicate the strategies of successful traders. Similarly, Perpy allows traders to monetize their trading expertise by earning a performance fee from their investors. It provides comprehensive transparency on trader performance and the structure and operation of strategies. The smart contracts' architecture guarantees assets' safety and security, ensuring funds are managed as per investor preferences.

Unique Features

Perpy Finance boasts of several differentiating features in comparison to its competitor, STFX. These include persistent vaults, eliminating the need to re-enter a vault post a trade, and customizable performance fees that can be adjusted according to market conditions and trader reputation. Perpy Finance does not require a fundraising period, enabling the creation of a vault in a few clicks. It allows robust inflow and outflow of funds without any lockup period. Perpy also assures strategy privacy with no prior trade disclosure and offers a seamless trading engine complemented by a best-in-class user interface.

Project History

The development of smart contracts for Perpy Finance commenced in June 2022. The beta version was launched in November 2022, followed by a successful public sale in March 2023.

Future Plans

Perpy Finance will embark on the integration of significant partner perp dex like gains (gtrade), Level Finance add vault on forex, stocks, commodities. It will incorporate Lens for the social aspect and manage dao treasury tools on perpetual.

$PRY Token

$PRY is the native token of Perpy and has a capped supply of 1 billion units with a tendency for deflation over time. This token is conceived as a 100% Real Yield token, encompassing several key functions within Perpy. It offers real yields, fee rebates, facilitates Lens interaction, governance, and vault advertising.