What does perp mean in slang?

a perpetrator
(Entry 1 of 2) : a perpetrator especially of a crime.

What is a crypto perp?

In the crypto trader jargon, perps is short for perpetual contract or perpetual swap, a popular derivative product intruduced by BitMEX trading platform. Similar product is now traded also on OKEx and elsewhere. The perpetual contract is derivative product like a future contract, but there is no expiration date.

Where can I buy perp?

You can obtain PERP tokens by purchasing them from cryptocurrency exchanges such as FTX or Uniswap.

How do perps work?

Perpetual bonds, also known as perps or consol bonds, are bonds with no maturity date. Although perpetual bonds are not redeemable, they pay a steady stream of interest in forever. Because of the nature of these bonds, they are often viewed as a type of equity and not a debt.

What does smoking perp mean?

Filters. (US, slang) A variety of marijuana with purple hairs. noun.

What does the phrase perp walk mean?

A perp walk, walking the perp, or frog march, is a practice in American law enforcement of taking an arrested suspect through a public place, creating an opportunity for the media to take photographs and video of the event.

How do I get perp tokens?

The best way to get PERP tokens is through liquidity mining. Liquidity mining will start from late September and all the transaction fees will have various rebates when you trade on Perpetual Protocol. Please see Liquidity Mining for more information.

What does perp mean in trading?

perpetual swap
For the cost of $1, a 100x bitcoin perp (short for “perpetual swap”) behaves like $100 of bitcoin. This is a pretty neat trick, especially considering you can’t redeem the perp for bitcoin or anything else.

What is perp protocol?

Overview & History. Perpetual protocol is a decentralized protocol to trade perpetual contracts for every asset powered by a Virtual Automated Market Maker (vAMM). The project aims to create novel financial instruments by democratizing Futures and other crypto-asset derivatives.

What is perpetual contract?

Perpetual contracts are derivative contracts similar to futures that have no expiration date or settlement, allowing them to be held or traded for an indefinite amount of time. Unlike futures, perpetual contracts trade close to the index price of the underlying asset due to perpetual funding rates.

What are Perp contracts?

What does Purp stand for?

PURP