Perpetuals

Launch tokens with built-in tax-funded perpetual vaults and custom strategies on @Lighter_xyz.

Powered by $PERPS.

[Perpetuals @PerpetualsWTF]

The @ponsdotfamily integration is now live on Perpetuals.

Pair your token with one of 64+ supported assets on Pons V2, then build its perpetual strategy with up to 8 active positions across 57 markets on @Lighter_xyz.

Choose how the strategy is controlled:

• Fixed at launch
• Governed by the token’s DAO
• Managed by an approved delegate

This gives builders a completely new design space for token launches: pairing a narrative with an actual market strategy, then deciding who controls it and how the economics flow back into the token.

We’ve also made a small change to how launches appear across terminals and bots. Tokens launched through the Perpetuals frontend or API now use their Perpetuals token page as the website URL, giving traders a direct path to the vault, strategy, and live stats.

Launch structures that simply weren’t possible through traditional launchpads are now possible on Perpetuals.

https://t.co/t6EbWSHHxO

[Perpetuals @PerpetualsWTF]

BSC goes live in a few hours.

We’re wrapping up the final frontend changes and localization now, then the @Aster_DEX integration will be opened publicly.

[Perpetuals @PerpetualsWTF]

Perpetuals is now featured on the official Lighter ecosystem hub.

If you’ve been following what we’re building, you can also drop us an upvote there:

https://t.co/qRBzOiRnKz

[Perpetuals @PerpetualsWTF]

This is a good example of what Perpetuals was built for.

Take an existing narrative, then make the token itself express that narrative through its strategy.

We covered the Dexscreener costs and burned the developer supply. This launch is purely to showcase what can be built with the protocol and help get the product in front of more people.

Anyone can do the same with whatever narrative, market, or strategy they want.

This is the design space we want people experimenting with.

https://t.co/3DOY3X4UeJ

[0xTax @0xTax]

https://t.co/mgOz8v1jBW

[Perpetuals @PerpetualsWTF]

👀 Coming soon: access to 400+ liquid futures markets on @Aster_DEX.

[Perpetuals @PerpetualsWTF]

We’re deploying a few minor system updates. Some parts of the frontend may experience brief degraded performance over the next 30 minutes.

Normal service should resume shortly.

[Perpetuals @PerpetualsWTF]

Every token trades from its own Lighter account with its own API key, and that account stays with the token for its entire life. If Lighter ever distributes an airdrop or other rewards to these accounts, each one maps to exactly one vault, so any value it receives can be passed on to that token's holders rather than sitting idle.

[Perpetuals @PerpetualsWTF]

The @ponsdotfamily integration is now live on Perpetuals.

Pair your token with one of 64+ supported assets on Pons V2, then build its perpetual strategy with up to 8 active positions across 57 markets on @Lighter_xyz.

Choose how the strategy is controlled:

• Fixed at launch
• Governed by the token’s DAO
• Managed by an approved delegate

This gives builders a completely new design space for token launches: pairing a narrative with an actual market strategy, then deciding who controls it and how the economics flow back into the token.

We’ve also made a small change to how launches appear across terminals and bots. Tokens launched through the Perpetuals frontend or API now use their Perpetuals token page as the website URL, giving traders a direct path to the vault, strategy, and live stats.

Launch structures that simply weren’t possible through traditional launchpads are now possible on Perpetuals.

https://t.co/t6EbWSHHxO

[Perpetuals @PerpetualsWTF]

What we’re building next for robinhood:0x828c38b9ac8e0933ead14a6c0318d4494e127777 👇

[0xTax @0xTax]

Quick update on what I’m working on next for Perpetuals.

We’re going omnichain.

I’ve already forked and modified our Flap contracts for Aster on BSC. The contracts and keeper architecture are built, with final testing, infrastructure deployment, and frontend integration left to finish.

Aster gives us access to 500+ markets, which opens up a huge amount of new strategy combinations. The current implementation is more custodial than I’d ideally like because of the venue architecture, so it isn’t the highest priority right now, but the BSC version is there and will be supported.

We’ve also started building the Solana programs. The plan is to support multiple launch venues there while keeping the same non-custodial / semi-permissionless model we’ve been building around on Robinhood Chain.

Robinhood development isn’t slowing down either. We’re still working on our own launch and migration architecture, alongside further improvements to the existing product.

The bigger goal is for Perpetuals to become chain and venue agnostic. Builders should be able to choose where they launch while still getting the full Perpetuals stack: configurable tax allocations, perpetual strategies, and Fixed, DAO, or Delegate control over those strategies.

Everything stays under the same robinhood:0x828c38b9ac8e0933ead14a6c0318d4494e127777 ecosystem. Revenue generated across deployments will feed back into the same protocol economy, with treasury revenue periodically bridged back for robinhood:0x828c38b9ac8e0933ead14a6c0318d4494e127777 buybacks and continued development.

This is another step toward what we’ve wanted Perpetuals to become from the start: the unlimited narrative machine.

More chains, more venues, more markets, more ways to structure a token, and more ways to control what sits behind it.

[Perpetuals @PerpetualsWTF]

We are also running a Perpetuals Launch Campaign alongside the Pons V2 integration.

https://t.co/BquDE4iBv0

Every token launched on Perpetuals during an active campaign day automatically competes by DEX volume for the daily prize pool.

$1,000 guaranteed each day, plus the 20% share of protocol revenue normally allocated to development.

Top 3 split the pool:

• 1st: 50%
• 2nd: 30%
• 3rd: 20%

Each prize is split 50/50 between the deployer and token holders.

No registration required. Launching is your entry.

Bring your creative side. Launch a token, win the day.

[Perpetuals @PerpetualsWTF]

The @ponsdotfamily integration is now live on Perpetuals.

Pair your token with one of 64+ supported assets on Pons V2, then build its perpetual strategy with up to 8 active positions across 57 markets on @Lighter_xyz.

Choose how the strategy is controlled:

• Fixed at launch
• Governed by the token’s DAO
• Managed by an approved delegate

This gives builders a completely new design space for token launches: pairing a narrative with an actual market strategy, then deciding who controls it and how the economics flow back into the token.

We’ve also made a small change to how launches appear across terminals and bots. Tokens launched through the Perpetuals frontend or API now use their Perpetuals token page as the website URL, giving traders a direct path to the vault, strategy, and live stats.

Launch structures that simply weren’t possible through traditional launchpads are now possible on Perpetuals.

https://t.co/t6EbWSHHxO

[Perpetuals @PerpetualsWTF]

First 24h of Perpetuals:

• 27 tokens launched
• $2.12M in protocol DEX volume
• 16 vaults active on Lighter
• $4.68K open interest
• $26,840 of robinhood:0x828c38b9ac8e0933ead14a6c0318d4494e127777 bought back
• 85.55M robinhood:0x828c38b9ac8e0933ead14a6c0318d4494e127777 burned, equal to 8.56% of the original supply

Still very early, but a solid first day.

Track everything:
https://t.co/1cttZr6H5N

[Perpetuals @PerpetualsWTF]

Quick update:

We’ve pushed another round of frontend and UX improvements based on user feedback, with more changes already in progress. Making the product easier to understand and use is a major focus right now.

Keeper efficiency has also been improved significantly, making it much easier for us to scale as more tokens and traffic come in.

We’re now finalizing the Pons V2 integration and preparing everything around it. I’m aiming to have it out before I log off today, otherwise tomorrow at the latest.

A few other smaller improvements are being worked on in parallel.

[Perpetuals @PerpetualsWTF]

@IamNotTKT We're working on the Pons v2 factory integration. We aren't going anywhere.

[Perpetuals @PerpetualsWTF]

Quick update on what’s next for Perpetuals.

From the start, the goal has been to avoid locking builders into one launch format or one set of mechanics. We want to keep expanding what can actually be created here until Perpetuals becomes the unlimited narrative machine we set out to build.

Right now, the focus is on making the existing product easier to understand and use. We’ve gone through the first wave of feedback and are already improving the frontend, vault flows, and general UX around the strategy system.

We’re also finalizing the Pons V2 integration. For the current model, Flap’s fee structure gives launchers more room to split trading taxes across dividends, burns, liquidity, and perpetual strategy capital. Pons offers a different launch path with less room for those allocations, but supporting it still gives builders more choice and opens up different token structures and narratives.

Using existing launchpads gives us immediate access to the terminals, bots, and trading infrastructure users already rely on. At the same time, we’re building toward our own launch and migration architecture, which will give us much more freedom over the mechanics and products we can build on top.

We have a lot more planned for $PERPS, and we’re excited to keep building this out with the community.

[Perpetuals @PerpetualsWTF]

Perpetuals introduces a lot of new mechanics at once, so we understand that the full picture may take some time to click.

Once people start experimenting with the different modes and seeing what can actually be built with them, we think the possibilities become much clearer.

And we’re not stopping with what exists today.

Flap is where V1 starts, not where Perpetuals ends. We want to keep expanding the launch architecture itself so builders can create more types of tokens, strategies and narratives than any existing launchpad allows.

The goal is simple: everything you already expect from a launchpad, plus a much larger design space on top.

We have a lot more planned for $PERPS, and we’re looking forward to showing you what comes next.

[Perpetuals @PerpetualsWTF]

https://t.co/1paPoa2T9G

[Perpetuals @PerpetualsWTF]

All protocol keepers are fully functional again.

We’ve also improved the frontend flow, keeper logging, and added clearer progress signals so it’s easier to see what action is happening next.

DAO pages and proposal creation have also had a full UX pass.

Everything is working as intended, and we’ll keep refining the flow from here.

[Perpetuals @PerpetualsWTF]

We identified a bug causing the protocol keepers to get stuck and are deploying a fix now. Full functionality will be restored shortly.

Appreciate everyone’s patience while we get this resolved.

[Perpetuals @PerpetualsWTF]

Since people keep asking, here’s the full context.

We don’t see the relevance to Perpetuals, but since it keeps getting used as FUD, I guess it’s worth addressing.

[0xTax @0xTax]

Since people keep bringing up the previous BSC project to FUD Perpetuals, here’s the actual context.

It originally launched as an NFT project using Flap’s new custom build feature. The launch did well and people liked the concept, so I kept building on top of it.

The marketplace, lottery, additional revenue mechanics, and eventually the perpetual launchpad were all added afterward. None of those were part of the original launch or promised beforehand.

I did actually build and launch the perp launchpad, and I was already taking the contracts through Flap’s review process.

The problem was KiloEx. There were only 11 available markets, and most had very limited capacity. I spent weeks trying to get those limits increased, but there was no realistic path to make it work at launchpad scale.

Understandably, the launchpad itself got almost no traction, and the token had been sitting around a $20K market cap with very little activity for roughly three weeks.

At that point, continuing to spend time building around infrastructure that could not support the product made no sense.

I still believed strongly in the perpetual launchpad idea, so I rebuilt it around Lighter with much better market access and infrastructure.

That became Perpetuals.

I’m doing all of this publicly under my own identity. I’m not hiding the previous project or pretending it never happened. It was part of the path that led to what I’m building now.

The screenshots below show both the market limitations I was working with and that the contracts were already going through Flaps audit review.

[Perpetuals @PerpetualsWTF]

Protocol buybacks have now reached $24.76K.

9.67 ETH + 405.33 USDG spent so far.

65.19M $PERPS permanently burned, equal to 6.51% of the original supply.

Track every buyback and burn:
https://t.co/PFBXApLdB0

[Perpetuals @PerpetualsWTF]

Protocol buybacks are already at 4 ETH.

29.19M $PERPS has been permanently bought back and burned, nearly 3% of the total supply.

Track every buyback and burn:
https://t.co/PFBXApLdB0

[Perpetuals @PerpetualsWTF]

Intern here.

Seeing a few comments saying Perpetuals is copying other platforms, so I want to clear that up.

We are not imitating a single product.

If there is another platform where you can launch a token with its own tax-funded perpetual vault, choose between Fixed, DAO or Delegate control, and manage up to 8 active positions across multiple markets, link it.

Saying we copied someone because other platforms also combine tokens and perps is like saying every token launchpad copied Pump because they all let you launch a token.

The primitives may be familiar. The architecture and what you can build with them are not.

Our developers are currently finishing work on the keeper infrastructure. As everything comes fully online, the actual scope of what we built will become much clearer.

Fixed strategies are only the beginning. Community-controlled vaults, delegated traders, multi-market strategies, and entirely new token narratives are what Perpetuals was built for.

It is new, and some of it may take a minute to click.

You’ll see.