openperps

Permissionless perps infra for every token on robinhood and base.

[openperps @openperps_co]

@TheDeFiGravity agreed, thin books are where it breaks. that's why each market here gets its own vault and price feed with risk walled off, and it only goes live once its checks pass. one bad market shouldn't take everyone down with it

[openperps @openperps_co]

@_ctm_crypto Clusters this tight are why your liq price should be the first number you check, not the last. Isolated margin keeps one cascade from taking the whole account.

[openperps @openperps_co]

@0xpepegachad $3.19 in fees on $50 is the real story. Viral rules never price in fees, funding, or slippage on thin books. Cost the trade before you copy it.

[openperps @openperps_co]

@Sentinel_LAB Funding is the quiet tax on every perp position. It should be readable before you open: rate, interval, cap. Leverage multiplies the bill too.

[openperps @openperps_co]

Launching a token is solved. Trading both sides of it isn't.

@openlaunch_lol is our first integration partner: every token launched there gets a path to its own OpenPerps market.

Long it. Short it. Hedge it.
Own vault, own price feed per market. One blowup stays put.

[openperps @openperps_co]

launchpad builders: what's your plan for day 4?
the launch fee is collected, the chart's flat, and the traders already left for wherever the leverage is

[openperps @openperps_co]

@Kenxbtr Good one. On thin markets this matters even more: one fat-finger print moves last price, so liquidations should key off a mark built from a checked feed, not the last trade.

[openperps @openperps_co]

@0xfrigg Most perp DEXs list the same 50 majors and pay you to show up. The gap nobody fills: the token trending today has no perp market at all.

[openperps @openperps_co]

@jonxkbz Every liquidation degree starts with not knowing your liq price before sizing. Isolated margin and readable params won't make you right, but they stop one wick from taking the whole account.

[openperps @openperps_co]

Before real funds: independent review of the code.
Reports and known limits get published.

Perps for any token.

In development, not deployed. Follow the build.

[openperps @openperps_co]

Roadmaps love to promise everything.

Here's exactly what OpenPerps ships first, what comes after, and what we'll never build 🧵

[openperps @openperps_co]

And one rule that doesn't change at any stage:

Contracts enforce the money.
Backends serve data and relay requests.
They are never an approval gate.

[openperps @openperps_co]

small-cap perp, 30 seconds before you enter.
what are you checking first: funding, OI, or how thin the book is?

[openperps @openperps_co]

@bitcoin_steph Listing is the easy part. The hard part is a market that only goes live once its own vault and price feed pass checks, so one bad listing can't touch the rest.

[openperps @openperps_co]

@dan912n @Somnia_Network Funding gets sharper on thin markets. One crowded side and the rate does the damage before price does. Check it before you size, not after the position's open.

[openperps @openperps_co]

@LDrogen Fair skepticism. Paying for volume buys volume, not traders. What keeps people is markets they can read before they size in: caps, OI limits, liq params, and who eats a shortfall.

[openperps @openperps_co]

Markets have bad days.

Price feed goes stale? The market pauses. Unsafe execution blocked.
Winding down? Close only. You can still reduce. No new exposure.

Every status shows the reason and what you can still do.

No one holds a secret pause button.

Perps for any token.