Perpetual Protocol Q1 2025 Financial Report

Perpetual Protocol & Nekodex are cutting edge DeFi apps built by Perp Labs. Our unwavering mission since 2020 has been to make the latest financial tools available to all. Nekodex is our current effort to achieve this with onchain, gas-free & bridge-free trading and earn products, and work continues on the next evolution of our app.

📺 Stay tuned! For Q1 and Q2 2025, we are in a building phase and preparing to launch new features that will set the groundwork for creating revenue streams to benefit $PERP holders.

Q1 2025 Revenue and User Statistics

2025-01-01 thru 2025-03-31

  • Trading/Performance Fees: 0*

  • Trading volume: 1,735,700

  • Avg DAU: 5773.64

  • In-app support requests: 681

  • Unique deposits: 501

  • Peak TVL: 1,298,000

*Nekodex is in the build/growth stage and no trading or performance fees are collected from users

$PERP Token Metrics

As of 25 April 2025

  • Market Cap: $35.98 M

  • Fully Diluted Market Cap: $44.41M

  • Circulating supply: 121.53M

  • Total Supply: 150M

  • Token Holders: 18,956*

*According to Etherscan (L1 and Optimism)

Q1 Performance Highlights

  1. Maintained over 5k Daily Active Nekodex Users

  2. Launched Nekodex Google Play app with >1k downloads to date

  3. Leveraged AI-assisted Nekodex in-app support to safely solve user issues while avoiding fake support scams on social platforms

2025 Future Outlook

  1. The next stage in the evolution of Nekodex is coming! Soon Nekodex users will have more ways to bridge the gap between their crypto and IRL financial worlds.

  2. Nekodex will soon expand the number of supported chains, giving users access to even more of the hottest coins.

  3. The $PERP token is here to stay—look forward to a tokenomics & governance reboot coming soon.

  4. Intense research continues into combining AI tools with DeFi to give our users the edge in their DeFi journey. Expect some exciting developments in 2025 from Perp Labs!

Something big is coming 👀