Perpl is a fully on-chain decentralized perpetual futures exchange, launching on Monad—a high-performance, EVM-compatible Layer 1 built for scale. Formed in March 2024, Perpl is designed to go live on day one of Monad’s mainnet. It features an entirely on-chain central limit order book (CLOB), avoiding the centralized matching engines used by most other perp DEXs. This eliminates key points of centralization and unlocks verifiability, composability, and trustless execution.