Perpl Explainers

Technical deep-dives into Perpl's exchange architecture.

Change vs Post/Cancel

How Perpl's native Change order keeps the book full on Monad's parallel execution engine.

Hybrid Margin

Cross margin efficiency without cross margin risk. Hedge recognition without pooled solvency.

Virtualized Funding

How Perpl settles funding payments for 100,000+ positions using two storage reads instead of 100,000 writes.