@perpetuals_xyz

PERPETUALS is an early-stage protocol building 24/7 FX perpetuals on top of Hyperliquid infrastructure, targeting the $7.5T daily forex market with crypto-native trading.

Account created Nov 2025, currently in waitlist phase with no live product yet.

Tier-A scout backed with modest but engaged following (1.1k followers, strong engagement rate).

Green flags: Clear technical niche: extending Hyperliquid with major FX pairs for 24/7 access · Very early stage: account <6 months old, <2k followers, pre-launch · Real problem articulation: addressing retail FX market access gaps · Backed by Tier-A scout with 65/100 track record · Has documentation site and structured waitlist approach

Red flags: Vaporware status: no live product, just waitlist and 'coming soon' · Minimal traction: only 2 tweets, limited content demonstrating technical depth · Team anonymity: no visible team members or backers beyond scout signal · Dependency risk: building as extension/wrapper on Hyperliquid rather than standalone protocol