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We are building self-service perpetual futures: any project will be able to deploy a perp market on its own token and earn a share of that market's trading fees. The engine is being built right now — nothing is deployed, nothing is tradeable, and there are no numbers on this page because there are no real numbers yet.
The perp market contracts are written and in review, but no factory is recorded in the address registry on any chain. This page reads live chain state the moment a deployment lands — until then there is no market to list, and we will not fabricate a market, a price, or an open-interest figure to fill the space.
Pick your token, deploy its perp market. No listing committee, no negotiation — the same self-service shape as launching the token itself.
Each market is its own isolated venue. Positions are margined against that market alone, so one token's chaos cannot spill into anything else.
The project that deploys a market earns a share of its trading fees — the same way token creators already earn from the curve.
Perps on long-tail tokens fail when the risk engine pretends thin liquidity is deep. Ours will not pretend. These are the controls being built in — stated now so you can hold us to them:
Every market stands alone. A blowup in one market is contained to that market's collateral — never cross-margined against the rest of your account.
New markets open at low leverage. Caps rise only as the engine measures real depth — not on a timer, and not by request.
A market can only carry the size its real liquidity can absorb. OI caps are derived from measured depth and move with it.
Each market carries its own insurance fund, built from its own fees and sized to its own risk — not one shared pool that socializes a long-tail blowup.
You will not find sample APRs, illustrative depth or demo markets here. This page shows live numbers the day the engine does — and nothing before. That is a platform rule, not a design choice.