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PERP is the native token of the Perpetual Protocol platform and can be earned in several ways: through lending, staking and yield farming.
Lending your PERP
The easiest way to earn yield on your PERP in Australia is through an exchange or digital asset lending platform such as OKX Cryptocurrency Exchange and Binance Cryptocurrency Exchange.
The highest return currently available on PERP from the products we compared is 50% through OKX Cryptocurrency Exchange with a flexible deposit length, meaning you can withdraw your funds any time.
Use the table to compare rates on PERP and use our calculator to forecast how much you could earn.
Staking your PERP
Alternatively, you can stake PERP on the Perpetual Protocol platform in return for DeFi staking rewards. This method requires using a web 3.0 wallet on a blockchain like ethereum which is why we have put together a visual step-by-step explainer to help guide you through the process.
You can use our table to compare rates on PERP or skip to the staking section for a step-by-step guide on how to stake your tokens on the Perpetual Protocol platform with a wallet.
|Go to site|
|Binance Cryptocurrency Exchange||1%||1%||Flexible||Fixed||Earn now|
|OKX Cryptocurrency Exchange||50%||10.8%||Flexible||Variable||Read review|
The instructions below are for earning yield on Perpetual Protocol using a cryptocurrency exchange for lending:
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