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**PETRAisnotlive.∗∗Thereisnotoken,nostakingvaultandnofeesharingtoday.Thissectiondescribesplannedtokenomicsandissubjecttochange.IgnoreanycontractaddressclaimingtobePETRA is not live.** There is no token, no staking vault and no fee sharing today. This section describes planned tokenomics and is subject to change. Ignore any contract address claiming to be PETRA — none has been deployed.
$PETRA is the native utility token of Perpetra. It aligns the interests of traders, stakers, and the protocol into a single flywheel: trade more, earn more, pay less.

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Why a Token?

Perpetra generates real revenue from every trade. $PETRA gives the community a way to participate in that upside.
  • Earn a share of trading fees by staking
  • Pay less by unlocking better fee tiers
  • Vote on which markets get listed next

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Core Utility

Fee Sharing

Stake $PETRA and earn a portion of protocol trading fees, paid in USDG.

Fee Discounts

Staking unlocks lower taker fees. More you stake, less you pay.

Governance

Vote on new market listings, fee parameters, and protocol upgrades.

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Supply

100 million tokens. That’s the ceiling. The full breakdown is in Tokenomics.
$PETRA is a utility token. It does not represent equity, ownership, or a claim on protocol assets. Fee sharing is a reward for active participation in the ecosystem.

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How It Fits Together

Perpetra earns fees from every trade (taker fees, liquidation fees). A portion of that revenue flows to the Staking Vault, where $PETRA stakers earn USDG proportional to their share. Staking also moves you into better fee tiers—so active traders are incentivized to hold and stake rather than sell. The result: traders who use Perpetra are rewarded for doing exactly what they’re already doing.
Ready to stake? Head to Staking & Fee Sharing for the mechanics.