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i started my journey in crypto as a discord guy during the solana nft craze in 2021
i wanted to mint nft but their discord kept getting hacked, so i offered to handle security for free.
I just didn’t want to get scammed
working fulltime as a discord security guy since then
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Building Perpl fully onchain on a decentralized L1 is a deeply autistic process, never been done before that I'm extremely proud of achieving.
The reason everyone else chose to take shortcuts is that perps are hot, and everyone rushes for a piece of the pie, optimising for short term success.
If you look at all the difficulties that Perpl is facing by taking the long road, you could argue it's not worth the effort.
At Perpl, time and time again, we were forced to move more slowly and be more risk-averse. We had to adjust every little thing to become extremely gas efficient to be able to offer a top trading experience on a gp L1. We had to pay millions of dollars for audits to make sure that every line of our 100% novel and custom code is secure.
At Perpl, if something goes wrong, we can't just roll back things, like Hyperliquid or Paradex. We have to slowroll new listings, leverage, deposit caps, etc.
Decentralization is a double edged sword.
However I am 100% sure we made the right call.
Because being the only fully onchain decentralized perp dex on the EVM, means we have the best long term game out of every other perp dex out there.
We scale better. We are perfectly built for institutions. We are optimised for AI. We are fully transparent. We have the largest collateral TAM. We compose seamlessly with every major evm protocol.
> We are not ok with being just another perp DEX.
> We are here to compete with Hyperliquid.
> We are aiming for the top.
After all, to achieve something that has never been done before, you have to do something that has never been done before.
Launching our points campaign is an important milestone for us because it marks day 1 of our growth stage.
Looking forward to showing you what's next.
Slowly at first, then all at once.
Perpl.
Jun 11
Perpl has launched the first public phase of its Points Program on Monad. They say it, Purple Summer.
The program introduces weekly point distributions and rewards activity across the protocol.
Everything you need to know:
- Organic trading activity counts to earn points on Perpl.
- Both the referrer and the referred user earn points.
- Bonus points can be earned through tournaments, builder codes, partnerships, IRL events, and other initiatives.
- The total weekly points pool scales with overall Perpl activity during that epoch.
- Your share is based on your activity relative to the rest of the protocol across trading, PLP, and referrals.
- PLP participation will be included as a points earning activity soon.
- Activity is recorded every Wednesday.
- Points are distributed within 48 hours of each snapshot.
- All distributions and points history can be viewed on the Points page.
- A retroactive drop is planned for active traders between Nov 12, 2025, and Jun 10, 2026.
- Testnet and Private Mainnet activity will be taken into consideration.
- Holding an Origin Badge may boost the retroactive allocation.
- Trading tournaments with $100k in prizes are planned.
Btw: $HYPE just listed on Perpl with 5x leverage and deep liquidity.
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Mizu retweeted
May 21
the goal is bringing perps trading onchain
actually onchain
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Mizu retweeted
May 15
👋
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Mizu retweeted
May 14
Most active app on Monad
You might want to click some buttons on Perpl
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Gmonad
Attracting serious traders who understand the value of referral tiers.
I’m building my trading network on @perpltrade
Why is this profitable? The platform operates on a referral basis, where every active participant receives a share of commissions:
10% from direct referrals
5% from their invited friends
Rewards are paid weekly. Join my team using the invite:
app.perpl.xyz/trade?ref=8gsz…
May 11
Referral rewards now live on @perpltrade
things getting intresting...dont sleep on the Perpl team!
app.perpl.xyz/trade?ref=dzLZ…
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only 42 ppl have @perpltrade badges
dyor but i think its time to do this
you only have 20 days left
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Mizu retweeted
May 11
Referral Rewards are now live
→ Unlock 1 ref code per $200 k volume
→ Share your code to onboard friends
→ Earn rewards based on your network’s volume
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Mizu retweeted
May 11
Active traders on Perpl might want to check their wallets for a little surprise
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