Launch it
Create a coin. Its creator fees start filling the coin's own pool.
Every coin goes up and down.
Launch a coin on Perpspad and anyone can go long or short on it from minute one, at 2.5×. Its creator fees fill its own pool, and the pool takes the other side.
2.5× both waysLong or short
Max loss = stakeNothing more, ever
Up to 2× backFrom the coin's pool
Cash out any time5 minute median, no lock
Pick a side
Long or short at 2.5×. Every 1% move counts as 2.5%.
Cash out
Whenever you want, at the 5 minute median. Paid in SOL.
What 1 SOL pays back.
| Coin moves | -40% | -20% | -10% | 0% | +10% | +20% | +40% |
|---|---|---|---|---|---|---|---|
| Long pays | 0 | 0.5 | 0.75 | 1 | 1.25 | 1.5 | 2 |
| Short pays | 2 | 1.5 | 1.25 | 1 | 0.75 | 0.5 | 0 |
SOL back on a 1 SOL stake, before the 0.50% open fee.
Questions
Who pays a winning trade?
The coin's own pool, filled by that coin's creator fees. No outside backers.
How much can I lose?
Your stake. A 40% move against you takes all of it, and nothing more.
How much can I win?
Up to 2× your stake, reached at a 40% move your way.
When does it settle?
When you cash out, at the 5 minute median price, so one wick doesn't decide it.
Where is the contract address?
At the bottom of this page. Anything else is not us.
Live coins
All coinsSample markets. They leave when a real coin launches.
Wisp
$WISP
- Longs
- 1.4 SOL
- Shorts
- 0.8 SOL
- Room
- 6.7 SOL
Kite
$KITE
- Longs
- 0.25 SOL
- Shorts
- 1.6 SOL
- Room
- 2.7 SOL
Orbit
$ORBIT
- Longs
- 4.2 SOL
- Shorts
- 1.1 SOL
- Room
- 13.4 SOL
Lume
$LUME
- Longs
- 0.2 SOL
- Shorts
- 0.35 SOL
- Room
- 1.36 SOL
Nix
$NIX
- Longs
- 0 SOL
- Shorts
- 0 SOL
- Room
- 0 SOL
Vela
$VELA
- Longs
- 0.9 SOL
- Shorts
- 2.4 SOL
- Room
- 0.9 SOL