plural perps
Synonyms of perpnext
: a perpetrator especially of a crime see also perp walk

perp

2 of 2

abbreviation

Examples of perp in a Sentence

Recent Examples on the Web
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Noun
The situation is even sweeter for Hyperliquid because its customers are not just degens, but commodities traders using perps to swing oil contracts and other traditional assets 24/7. Jeff John Roberts, Fortune, 24 Aug. 2026 Total notional perp volume across both centralized and decentralized exchanges averaged about $150 billion per day this year, down from a high of near $200 billion/day last year, according to data compiled by CNBC. Oliver Renick, CNBC, 21 Aug. 2026 With 5x leverage, for example, a user can pay $100 upfront for a perps contract worth $500. Dan Bernstein, Sportico.com, 14 July 2026 See All Example Sentences for perp

Word History

First Known Use

Noun

1968, in the meaning defined above

Time Traveler
The first known use of perp was in 1968

Cite this Entry

“Perp.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/perp. Accessed 1 Sep. 2026.

Legal Definition

: a perpetrator of a crime

More from Merriam-Webster on perp

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