Perennial
An Arbitrum perpetuals protocol used by its own app and partner trading frontends.
Status: ACTIVE · Risk: HIGH
Quick take
- Perennial publishes 1.25 million Petals per week for trading on Perennial and partner frontends, plus quests and referrals.
- Points and XP are changeable and do not imply a token unless the official rules say so explicitly.
⚠️Not financial advice. DeFi is risky. Verify information and understand risks before depositing funds.
Links
Sources
- Official website: https://perennial.finance/
- App: https://app.perennial.finance/
- Docs: https://docs.perennial.finance/
- X / Twitter: https://x.com/perenniallabs
Always verify URLs in official sources. Phishing domains often look almost identical.
Editorial notes
- Current status is based on the still-live official Season 2 page, but the page does not disclose an end date. Recheck before spending fees.
Programs / Timeline
Petals Season 2
Started Feb 25, 2025
Reward: POINTS·Status: ACTIVE·Verification: PARTIAL·Related token: None verified
Perennial publishes 1.25 million Petals per week for trading on Perennial and partner frontends, plus quests and referrals.
How points are earned
- Trade through Perennial
- Trade eligible Perennial markets on partner frontends
- Complete Petal quests or refer traders
Key risks and unknowns
- Perpetuals can liquidate leveraged positions.
- The published Season 2 end date remains undisclosed.
- Partner-front-end activity only counts when it routes through Perennial markets.
Current status is based on the still-live official Season 2 page, but the page does not disclose an end date. Recheck before spending fees.
Risk disclaimers
- Perpetuals can liquidate leveraged positions.
- The published Season 2 end date remains undisclosed.
- Partner-front-end activity only counts when it routes through Perennial markets.
- Not financial advice. Verify official URLs and current terms before interacting.