Perp Labs, the core development team behind Perpetual Protocol and Nekodex, has launched a new campaign aimed at rewarding $PERP users through its flagship DeFi app, Nekodex. Starting this week, users who hold or trade $PERP can earn daily rewards — no staking, farming, or lockups required. This marks the first major utility upgrade for $PERP in years.
Perpetual Protocol is one of the earliest and most established decentralized perpetual futures protocols in DeFi. Since its launch in 2020, it has facilitated over $25 billion in trading volume and helped define what modern decentralized derivatives look like. Now, with this campaign, its native token $PERP is gaining fresh utility.
The campaign is powered by Nekodex, which brings the ecosystem into its next phase: a gasless, seedless, and chain-abstracted DEX experience.
Nekodex is a cross-chain crypto dApp that leverages advanced account abstraction and chain abstraction to eliminate the traditional pain points of DeFi. It delivers a smooth, intuitive user experience designed for the mobile-first generation. Since launch, Nekodex has onboarded over 41,000 users and currently sees between 4,000 to 5,000 daily active users — quietly setting a new benchmark for usability in the DeFi app space. With its upcoming V2 release, Nekodex will expand beyond EVM to support Solana, Sui, and BNB Chain, further solidifying its position as one of the most user-friendly and technically advanced crypto apps on the market.
The campaign, which went live on April 12, 2025, features three key reward mechanics for $PERP users:
1. Holding & Trading to Earn
Users can earn daily rewards simply by holding or trading $PERP on Nekodex. Rewards are automatically distributed based on wallet activity and holdings.
2. Surplusing Bonus
Nekodex’s trading infrastructure includes a feature known as the surplus mechanism, which distributes a portion of positive price differences to users when trades are executed at more favorable rates than initially previewed. Recent updates have adjusted the surplus distribution model, with $PERP token holders now eligible to receive an increased share—up to 50% for those maintaining a balance of 5,000 tokens or more.
3. Binance Square Campaign
To boost visibility, Nekodex is encouraging users to post about $PERP and Nekodex on Binance Square. Verified posts will earn 10,000 Nekocoin instantly as part of a limited-time social quest.
As decentralized finance (DeFi) continues to evolve toward user-centric, mobile-native platforms, Nekodex has introduced new functionality designed to align with these trends. The latest update enables $PERP holders to access features that integrate with the platform’s ongoing development and ecosystem engagement.
At the same time, Perp Labs isn’t stopping here. The team has hinted at upcoming product innovations — including an AI-powered, on-chain prediction market — further expanding the ecosystem under the $PERP umbrella.
This campaign is live now, and rewards are distributed to eligible users. To participate, users can visit: app.nekodex.org
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Nekodex is a next-gen decentralized exchange built for everyone. With passkey login, gasless trading, and seamless cross-chain swaps, Nekodex makes DeFi as easy as using a centralized exchange—without the risks. Trade 100+ tokens across multiple chains instantly, with no bridges, no seed phrases, and no gas fees.
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