Perpetual Protocol to Be Delisted From Binance on November 12th

Perpetual Protocol will be delisted from Binance on 12 November 2025, alongside Flamingo (FLM) and Kadena (KDA), according to a statement published by the exchange.

The delisting forms part of Binance’s routine asset review; trading will cease on the specified date, after which all pairs involving the affected tokens will be removed.

Refer to the official tweet by PERP:

PERP Info

Perpetual Protocol is a decentralized exchange that allows users to trade perpetual contracts on any asset with up to 10x leverage. The project is built on two main mechanisms — the virtual automated market maker (vAMM) and staking.

The virtual automated market maker (vAMM) is a key element of the protocol that enables the exchange to manage liquidity without traditional liquidity pools. Instead of relying on user liquidity deposits, vAMM uses virtual balance weights to manage trading parameters. This provides infinite liquidity, avoids funding shortages, and reduces the likelihood of unacceptable price slippage.

Staking-based rewards are another mechanism used in Perpetual Protocol. The mechanism allows users to stake PERP tokens to earn a portion of the trading fees on the exchange.

PERP is the native token of the Perpetual Protocol project, which serves governance functions, staking, and is used to ensure platform stability.