Perpetual Protocol, formerly Strike Protocol, Decentralized perpetual contract for every asset. 20x Leverage On-Chain Perpetual Swap. Traders can trade with up to 20x leveraged long or short on Ethereum with low and transparent fees. Trading On-Chain & Off-Chain Synthetic Assets. Strike supports both conventional and blockchain-based assets like gold, crude oil, fiat currencies, and BTC. Guaranteed Liquidity Provided by AMMs. Automated Market Makers provide guaranteed on-chain liquidity and solve liquidity issues plagued by most orderbook-style DEXs. Zero Impermanent Loss from Underlying Price Fluctuation. In contrast to popular DeFi protocols that also utilize AMMs, stakers on Strike do not suffer from any impermanent loss caused by price fluctuation.