Perpl is a decentralized perpetual futures exchange built natively on Monad, a high-performance EVM blockchain. The platform offers a performant central limit order book with low gas and effective market making to minimize slippage, a fast and deterministic user experience, full custody of assets for traders, and censorship resistance via 100s of geographically distributed independent validators. The company completed a $9.25m funding round and plans to use the proceeds to scale its core team, build the on-chain trading engine, develop its interface, and rigorously test infrastructure. The article does not disclose operating metrics such as revenue or user counts. Perpl emphasizes delivering a best-in-class trading experience from day one through engineering and infrastructure work on Monad.

Total raised

$9M

Funding rounds

1

Latest round

Equity

Latest activity

May 2025