Rules
Max loss is your stake. Max back is 2× your stake.
01
Coins are created on pump.fun through Perpspad. Launching is free. The platform wallet pays the launch fee. A dev buy is optional and comes from your wallet. This coin's pool wallet is the on chain creator. You do not receive creator fees. Each wallet can launch 3 coins in 24 hours.
02
Trading that coin produces creator fees. The pool wallet claims them. 75 percent stays in that pool and takes the other side of every long and every short. 25 percent is set aside to buy and burn $PAD once the mint is set. A position pays a 0.50 percent open fee plus premium into the same pool.
03
Long or short at 2.5×. Every 1% move counts as 2.5%. Room is 80 percent of fee capital, minus what is already reserved. Each position reserves twice its stake, the most it can be paid. Minimum size is 0.05 SOL. Max loss is your stake.
04
Entry is the live price at open. When you cash out, settle is the 5 minute median if there are enough samples, otherwise the live price. A 40% move your way pays 2× your stake. A 40% move against you takes the stake and nothing more. There is no lock. If price hits either bound on the median, the position closes on its own.