CoinMarketCap Perpetual Protocol Quiz : On Perpetual Protocol, users can provide liquidity with up to _x leverage?*

Take the CoinMarketCap Perpetual Protocol Quiz and submit all the answers correctly and eligible for the free $5 PERP token.

On Perpetual Protocol, users can provide liquidity with up to _x leverage?* 

Q1# On Perpetual Protocol, users can provide liquidity with up to _x leverage?*
20
15
10
5

Correct Answer 1: 10

Q2# Which one of the following is NOT an advantage of Perpetual Protocol?*
It’s non-custodial
It offers real-time customer service
It doesn’t required KYC
It can be accessed through multiple ways

Correct Answer 2: It offers real-time customer service

Q3# In order to trade on the protocol, which asset(s) do you need in your cryptocurrency wallet?*
PERP
ETH, USDC & PERP
ETH & USDC
PERP & USDC

Correct Answer 3: ETH & USDC

Q4# Which scaling solution is Perpetual Protocol built on?*.
ZkSync
Polygon
Arbitrum
Binance Smart Chain

Correct Answer 4: Arbitrum

Q5# What is a perpetual contract?*
Another name for margin trading on the spot market.
A financial product that enables you to speculate on any asset’s price movement.
A financial product that gives you the right to buy/sell something at a certain price on a certain date.
A financial product that allows you to buy/sell something at a certain price on a certain date.

Correct Answer 5: A financial product that enables you to speculate on any asset’s price movement.

Q6. To provide liquidity on the protocol, the only way to do it is to manually select which market to provide liquidity to and in which price range. True or False?*

FALSE
TRUE
FALSE
TRUE

Correct Answer 6: TRUE

Q7. Perpetual Protocol allows cross-margin mode at launch. What does that mean?*This field is required.

Your profit/loss is shared with other traders on the protocol.
You can open multiple positions using your account balance as the collateral.
You can use multiple accounts to trade on the protocol.
You can also do margin trading on the protocol.

Correct Answer 7: You can open multiple positions using your account balance as the collateral.

Q8. Can anyone open new markets on Perpetual Protocol and get a cut of the transaction fees in the future?*

Yes
No
Yes
No

Correct Answer 8: Yes

Correct Answers 1:	10
Correct Answers 2:	It offers real-time customer service
Correct Answers 3:	ETH & USDC
Correct Answers 4:	Arbitrum
Correct Answers 5:	A financial product that enables you to speculate on any asset’s price movement.
Correct Answers 6:	TRUE
Correct Answers 7:	You can open multiple positions using your account balance as the collateral.
Correct Answers 8:	Yes