Earn yield

Get a complete overview of Earn products at https://perp.com/earn

Hot Tub

Launched in early 2023, Hot Tub lets you earn arbitrage income using automated on-chain vaults.

Simply choose your asset, deposit, and relax. The automated vaults take advantage of price variations between the Perp DEX and onchain spot markets, all in a trustless, decentralized way.

Start earning now at https://vaults.perp.com/

Staking

Staking is currently connected to Perp v2 and does not recieve fees from Perp v3. For now we suggest looking at Hot Tub options above for better yield short term.

The classic way to earn yield.

Lock PERP tokens in Lazy River, Perpetual Protocol's staking system, to earn a share of protocol revenue.

Lazy River uses the ve system pioneered by Curve (with max 1 year lock):

• If you lock 1 PERP for up to 52 weeks (1 year) you will have 1 vePERP. Rewards are distributed based on how much vePERP you hold relative to the pool.

• Your amount of vePERP decays as time passes, so that at 26 weeks 1 PERP = 0.5 vePERP, at 13 weeks 1 PERP = 0.25 vePERP, etc.

• You cannot unlock staked PERP early.

• Staking is only available on Optimism.

For more info and to stake PERP, visit https://token.perp.com