How to Buy Perpetual (PERP) in 2025

The rise of decentralized finance (DeFi) has given traders access to advanced instruments once limited to traditional financial systems. Among them is Perpetual Protocol (PERP), a project designed for on-chain futures trading. If you’re looking to get exposure to the growing world of DeFi derivatives in 2025, buying PERP might be worth considering. Here’s what you need to know.

What is Perpetual (PERP)?

Perpetual Protocol (PERP) is a decentralized platform that allows users to trade perpetual contracts—similar to futures contracts but without an expiration date. Launched in 2020, the protocol was built on Ethereum and later integrated with Arbitrum and Optimism to reduce gas fees and boost performance.

PERP is the native token of the protocol, serving roles in governance, staking, and incentivizing liquidity. Since its inception, the project has become a popular choice among DeFi traders due to its user-friendly design and the flexibility of perpetual trading without centralized intermediaries.

As decentralized derivatives gain ground, PERP has maintained relevance thanks to its active development, strong liquidity, and the transparency it offers compared to centralized platforms.

How does Perpetual (PERP) work?

Perpetual Protocol operates using a virtual automated market maker (vAMM), enabling users to open long or short positions on various crypto assets directly on-chain. Unlike traditional exchanges, trades on Perpetual Protocol don’t require order books or centralized market makers.

Key components of the system include:

  • vAMMs. These provide on-chain liquidity for leveraged trading.

  • Staking. Users can stake PERP to earn rewards and participate in governance decisions.

  • Collateral. USDC is typically used as collateral to open leveraged positions.

  • Layer-2 scaling. By leveraging Optimism and Arbitrum, users experience faster transactions and lower costs.

The PERP token not only secures the protocol but also aligns the interests of the community, stakers, and traders.

Top 10 Best Crypto Wallets to Buy Perpetual (PERP) in 2025 – Comparison

Here are ten wallets where you can buy, store, and manage your PERP tokens securely in 2025:

1. Walletverse

Walletverse - best crypto wallet

Walletverse is a mobile-only crypto wallet tailored for both beginners and experienced DeFi users. It supports over 600 tokens, including PERP, and enables crypto purchases via Apple Pay, Google Pay, or cards. The app’s clean UI, multi-account setup, and biometric security make it a strong choice for day-to-day crypto management.

  • Pros: Mobile-focused, secure self-custody, integrated swap/buy features, supports PERP.
  • Cons: Not available on desktop.

2. MetaMask

Metamask website screenshot

A go-to wallet for Ethereum-based tokens like PERP. Compatible with dApps and DeFi protocols, it gives users full control over their assets.

  • Pros: Extensive DeFi support, customizable, wide adoption.
  • Cons: Can be overwhelming for beginners, requires manual token addition.

3. SafePal Wallet

Safepal s 1 website screenshot

Offers both hardware and software solutions with support for PERP and other ERC-20 tokens. Includes in-app trading options.

  • Pros: Multi-device sync, mobile convenience.
  • Cons: Less known among beginners.

4. Trust Wallet

Trust Wallet website screenshot

A mobile wallet owned by Binance that supports all ERC-20 tokens. Its built-in browser allows access to DeFi platforms like Perpetual Protocol.

  • Pros: Beginner-friendly, accessible staking, broad token compatibility.
  • Cons: Some privacy concerns due to centralized ownership.

5. Ledger Nano

Ledger nano x website screenshot

A hardware wallet offering high-grade offline storage. PERP tokens can be managed through Ledger Live (with app integration) or paired with MetaMask.

  • Pros: Maximum security, ideal for long-term holders.
  • Cons: Requires external apps to manage PERP.

6. Guarda Wallet

Guarda wallet website screenshot

Guarda is a non-custodial wallet that works across platforms. It supports custom tokens like PERP and provides staking features.

  • Pros: Secure, user-controlled keys.
  • Cons: Some DeFi compatibility is limited.

7. Coinomi Wallet

Coinomi website screenshort

An older wallet that supports a wide variety of assets, including custom ERC-20 tokens like PERP.

  • Pros: Private, multi-chain.
  • Cons: Fewer advanced DeFi features.

8. Trezor Wallet

Trezor website screenshot

Another leading hardware wallet, offering open-source software and robust encryption for storing ERC-20 tokens including PERP.

  • Pros: Secure, reliable.
  • Cons: Not natively compatible with all DeFi dApps.

9. Atomic Wallet

Atomic wallet website screenshort

A multi-chain wallet with a built-in exchange. Suitable for holding and swapping ERC-20 tokens, including PERP.

  • Pros: In-app trading, cross-platform support.
  • Cons: Limited DeFi interface access.

10. Exodus

Exodus website screenshot

A well-designed wallet for mobile and desktop, supporting Ethereum-based tokens. You may need to manually add PERP.

  • Pros: Excellent UI/UX, supports multiple platforms.
  • Cons: Limited DeFi integrations.

Where can I store Perpetual (PERP)?

Since PERP is an ERC-20 token, it can be stored in any Ethereum-compatible wallet. For an all-in-one solution with built-in purchase options and strong security, Walletverse stands out. It’s built specifically for mobile users looking for a secure and smooth experience, and it supports seamless storage and transactions for PERP and hundreds of other tokens.

Perpetual Protocol is a powerful project fueling the next generation of decentralized trading. Whether you’re into leveraged trading, token governance, or just holding PERP as an investment, the right wallet makes all the difference. With its secure, self-custody approach and intuitive design, Walletverse is a strong contender for managing your PERP in 2025 and beyond.

FAQ

Most frequent questions and answers

PERP has a focused use case in the DeFi derivatives market. If you believe in decentralized trading and the growth of perpetual contracts, PERP may have solid long-term potential.

You can buy PERP using Walletverse. It supports purchases via Apple Pay, Google Pay, and major cards, and gives you full control over your digital assets.

PERP is used for staking, governance, and incentivizing liquidity on the Perpetual Protocol. It’s essential for securing the network and enabling community-driven decision-making.