Perp com
Traders use Perp.com to trade real-world event probabilities with up to 5x their capital through perpetual futures.
Perp.com Leveraged Perpetual Futures For Prediction Market Trading
What is Perp com?
Perp.com brings leveraged perpetual futures to prediction markets so traders can take 1x to 5x positions on real world event probabilities with no expiry dates.
Ready to try Perp com?
Open the official site and get started in a few clicks.
Perp com Overview
Perp.com lets you trade perpetual futures on the implied probability of real-world events. The contract price sits between 0 and 1 and mirrors the current market-assessed chance that a specific outcome will occur. You post USDC margin, choose long or short, pick a multiplier from 1x to 5x, and keep the position open with no fixed expiry date.
Standard prediction markets force full capital commitment at 1x exposure and lock your upside to posted odds. Perp.com turns the same probability into a continuous instrument that you can open or close at any moment while the outcome stays unknown.
This product fits several types of traders. Active prediction market participants who spot mispriced probabilities and want capital-efficient exposure. Sports and cultural event bettors who prefer amplified directional positions. Macro and election-focused traders who want bigger positions on rates or policy outcomes. Market makers and automated strategies that require a high-performance order book and WebSocket API access. Anyone familiar with perpetual futures mechanics who wants those tools applied to real-world outcomes rather than crypto asset prices.
Each event outcome gets its own dedicated order book. Matching happens off-chain for speed, and fills settle on-chain for finality. The mark price used for margin, PnL, and liquidations starts from a mapped Polymarket implied probability. It passes through probability bounds and deviation clamps to protect against manipulation and stale data.
Funding payments run between longs and shorts at regular intervals to keep the trading price aligned with the index. When the order book trades above the index, longs pay shorts. When it trades below, shorts pay longs. Funding is capped so it cannot trigger liquidations on its own.
One USDC pool backs every open position. You post a single deposit and allocate margin across multiple markets. Available and reserved balances track per user inside the on-chain CollateralVault, so you can hedge an election long with a sports short from one account.
To get started, visit perp.com and join the early access waitlist. Once granted access, connect a wallet that holds USDC on HyperEVM and deposit into the collateral vault. Browse available markets, pick a direction based on whether you think the probability is underpriced or overpriced, choose your position size, and submit the order. You can adjust or close the position at any time. At event resolution, positions settle automatically through an interpolation window if not closed earlier.
Taker orders carry a 5 basis point fee. Funding payments move between traders and do not flow to the platform. The product runs on HyperEVM, which delivers sub-second confirmation at high throughput, and treats probability itself as the tradeable underlying rather than relying on synthetic constructs.
Perp com Key features
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Adjustable Position Exposure
Users select a multiplier between 1x and 5x when they open a position. Higher multipliers require less initial margin but increase liquidation risk.
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No Expiry Dates
Positions stay open for the entire life of the event. Traders do not need to roll over or close their trades before the outcome is known.
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Dedicated Order Books
Each event outcome gets its own order book. An off chain engine matches trades for speed, and the protocol settles all fills on chain.
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Guarded Mark Price
The mark price starts from Polymarket implied probability. Multiple filters reject extreme spikes and stale data to produce accurate risk calculations.
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Peer Funding Payments
When the trade price stays above the index, longs pay shorts. The protocol caps these payments so they do not trigger liquidations.
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Shared Collateral Pool
A single USDC deposit backs all open positions. Traders can spread their margin across multiple markets from one account.
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Layered Risk Controls
The protocol scales initial margin requirements based on open interest and event timing. If an account requires liquidation, the system first tries to close the position against the order book.
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Smooth Resolution Process
When an event ends, the market enters a settling window. The mark price adjusts to the final outcome of zero or one before the protocol closes remaining positions.
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WebSocket API Access
Traders manage bulk orders and cancel requests over a fast WebSocket connection. The API sends real time updates for orders, positions, and balances.
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Simple Fee Structure
Traders pay a 5 basis point fee on taker orders. Funding payments go directly between traders, and the protocol takes no cut.
Perp com Fees
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Taker fee Taker orders currently carry a 5 basis point fee.
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Funding payments Funding payments exchange solely between long and short positions and do not flow to the platform.
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Deposit and withdrawals No deposit or withdrawal fees are described beyond standard network gas.
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Maker rates Exact maker rates and any volume based adjustments are not yet published and should be confirmed in the live interface.
How to use Perp com
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Join the waitlist
Go to perp.com and sign up for early access. The platform remains in V1 testnet, so you need permission to use it.
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Connect your wallet
Link a compatible wallet that holds USDC on the HyperEVM network. You do not need to complete a KYC process.
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Deposit your USDC
Put USDC into the platform collateral vault. This single deposit backs all your open trades across different markets.
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Pick a market
Look through the available elections, macro prints, sports outcomes, and cultural events. Choose a specific event outcome.
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Choose your direction
Go long if you think the probability is underpriced. Go short if you think the probability is overpriced.
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Set multiplier and size
Select a multiplier between 1x and 5x and enter your total trade size. A higher multiplier requires less initial capital but increases your liquidation risk.
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Submit your order
Check the required margin for your trade. Send a market order or a limit order to open the position.
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Track your position
Watch your margin ratio and mark price changes. Observe the funding payments that move between longs and shorts.
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Adjust or close trades
Increase your size, reduce your position, or exit completely before the event ends. You can do this at any time while the market remains open.
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Wait for event resolution
Wait for the real-world event to resolve. The platform settles the trade automatically through a final settlement window.
Perp com Demo video
Perp com User Reviews
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this is actually game changing, loving this type of innovation for predictions market
View on X ↗
kudos to the whole team. -
impressive team keep building
View on X ↗ -
I love how perpdotcom brings leveraged perpetual trading to prediction market
View on X ↗
Is Perp com safe & legit?
X account intel @perpdotcom
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Based in United States
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Joined X December 2025 9 months ago
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Username changes 1 rename last on Jun 3, 2026
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Signup source Web
Public profile signals from X. Use as one input alongside other due-diligence.
Security scan checked Oct 22, 2026
- Google Web Risk Not flagged
- MetaMask Not flagged
- Phantom Not flagged
- ScamSniffer Not flagged
- EtherAddressLookup Not flagged
- Keplr Wallet Not flagged
Domain perp.com checked against Google's lists of unsafe sites and public crypto wallet blacklists.
Perp com Updates
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The Perp Trading Competition is officially wrapped.
4,000 USDC has been distributed to the winners.
- 16 replies
- 2 reposts
- 28 likes
- 1.3K views
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Keep those DMs open
https://Perp.com closed beta invites are going out 👀- 42 replies
- 5 reposts
- 65 likes
- 7.5K views
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Mainnet v1 is loading…
- 18 replies
- 2 reposts
- 49 likes
- 4.4K views
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One unusual trade shouldn’t decide whether you get liquidated.
https://Perp.com uses a separate mark price for liquidation checks, rather than its last traded price.
Here’s where that mark comes from 🧵2 more in this thread
What if the feed stops updating?
https://Perp.com holds the last good mark and defers price-sensitive actions.
If staleness persists, the market can enter a reduced-risk state.Two prices. Two jobs.
Your fill price determines where you trade.
The mark values your open position for margin and liquidation checks.
Get early access to Perp → https://Perp.com- 15 replies
- 5 reposts
- 53 likes
- 2K views
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The Perp Trading Competition is a wrap, and the final stats are in 🏆
$50M+ in total volume.
297 traders. 205.5K+ trades. 34.8K+ markets traded.
1 more in this thread
Made the board? Keep your DMs open, we're reaching out to winners now.
Make sure you're following @perpdotcom so we can find you. https://Perp.com- 16 replies
- 2 reposts
- 38 likes
- 2.6K views
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https://Perp.com × @unimarketsdotio 🤝
UniMarkets brings prediction markets together in one place. https://Perp.com enables traders to take leveraged long and short positions on them.
Every market in one terminal, soon with leverage.
- 15 replies
- 7 reposts
- 40 likes
- 6.8K views
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The board is locked🏆
Here are the Top 10 from the Perp Trading Competition.
Congrats to everyone who made the final board.
1 more in this thread
Congrats to our Top 10:
1. @amiteshpoly
2. @supaduparusya
3. @halodegod
4. @dhr2323
5. @acunserd
6. @OxMula
7. @zarunns
8. @aainslie95
9. @0x_kippo
10. @ToxicAngelUK
You have 72 hours to verify your Polymarket account. Payments will be fully dispersed in the coming 7 days.
Make sure your Polymarket profile is connected to the X account you registered with, and follow @perpdotcom so we can DM you.- 24 replies
- 7 reposts
- 35 likes
- 3.3K views
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Final day.
The Perp Trading Competition ends today at 23:59 UTC.
One final push before the board is set.
Winners announced tomorrow.
- 17 replies
- 5 reposts
- 30 likes
- 1.6K views
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2 days left to join the Perp Leaderboard.
289 traders. 200,000+ trades. 33,000+ markets traded.
Joined late? Your PnL still counts from day one.1 more in this thread
Already trading on Polymarket?
You might already have a score waiting.
Winners announced October 8.
https://Perp.com/competition- 16 replies
- 4 reposts
- 42 likes
- 3.3K views
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An order book needs speed. Custody needs guarantees.
https://Perp.com enables leverage for prediction markets, with off-chain matching and USDC custody and settlement on HyperEVM.
Here’s what happens between signing an order and settling a trade 🧵2 more in this thread
Your USDC sits in the on-chain CollateralVault.
Funds only move through paths the contracts define.Settled fills land in the on-chain position record, so you don’t have to take the exchange’s word for it.
Off-chain matching. On-chain custody and settlement.
Get early access → https://Perp.com.- 16 replies
- 4 reposts
- 59 likes
- 6.7K views
Perp com Reviews & Comments
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Open the official site and get started in a few clicks.
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