What is Perp City?
Trade perpetual futures on indices built from real-time information on the internet.
Perp City is an exchange for narratives and trends. It lets you trade perpetual futures on indices built from real-time information on the internet. You gain exposure to the trends themselves, without dealing with the randomness of stock price movements.
Mainnet Live
Perp City is live on Arbitrum One. Trade at app.perp.city - sign in with just an email (no wallet required) - or try the testnet at testnet.perp.city (Arbitrum Sepolia).
| Spec | Value |
|---|---|
| Leverage | Up to 10x |
| Fees | ~1.1% on open |
| Collateral | USDC |
| Network | Arbitrum One (mainnet), Arbitrum Sepolia (testnet) |
| Settlement | On-chain, non-custodial |
Overview
Perp City markets track indices built by extracting signals from real-time information on the internet. Every index update is backed by a data pipeline that fetches, verifies, and publishes values on-chain. Trading happens on Uniswap V4 concentrated liquidity pools.
You can go long or short on any index with up to 10x leverage and USDC margin. You can also provide liquidity by depositing into price ranges as a maker, earning 1% of trading volume in your range.
The Strobe Protocol ensures that each index update is computed correctly from authentic data. See How It Works for the full architecture, or jump to Getting Started for a walkthrough.
Perp City is built by Strobe Labs. Questions? contact@strobe.org