Purps

Launch memecoins with their own leveraged positions on Hyperliquid.

CA: EFo8uB6wD739GgtGoYbAwxM6Pp8iCzM8XGf7jQW7pump

[Purps @usepurpsfun]

introducing https://t.co/twyZam8fws

launch memecoins on @pumpfun with built-in leveraged perpetual positions on Hyperliquid, funded entirely by creator fees.

every token automatically opens and manages its own long or short position on Hyperliquid.

positions support up to 20x leverage across more than 100 perpetual markets.

how it works:

→ choose from over 100 Hyperliquid perpetual markets, including BTC, ETH, SOL, and HYPE. select your direction, set your leverage, and launch your token.

→ every token launches on Pumpfun paired with $HYPE, with a 3% creator fee on every trade.

→ 100% of creator fees are automatically collected, converted into SOL, and bridged to Hyperliquid through @unitxyz, where they're used as margin for the token's perpetual position.

launch your token and put its creator fees to work on Hyperliquid.

https://t.co/Xai4Q30KUT

[Purps @usepurpsfun]

Not sure what caused the massive sell-off, but I'm still here building.

Currently working on better position analytics, improved keeper monitoring, and a more detailed breakdown of how creator fees move through the system.

I genuinely think this is one of the most useful applications of creator fees we've seen, especially with the ability to connect memecoins directly to Hyperliquid's perpetual markets.

There's still a lot I want to build here

https://t.co/U1yr59fCKT

[Purps @usepurpsfun]

Not every perpetual position is going to be profitable, especially when leverage is involved.

If a token's position gets liquidated, the keeper continues accumulating new creator fees and reopens the same position once enough margin becomes available.

https://t.co/C9waucGkR1

[Purps @usepurpsfun]

Customizable creator fees are now live.

You can now choose between 1% and 3% creator fees when launching a token, giving you more control over how much volume contributes to funding its Hyperliquid position.

Higher fees allow positions to accumulate margin faster, while lower fees reduce trading costs and may encourage more trading volume.

launch: https://t.co/go5GkE3Q1j

[Purps @usepurpsfun]

Seems like the general consensus is that the 3% creator fee is a bit too high.

we originally went with 3% so tokens could accumulate margin and open their Hyperliquid positions with less trading volume, rather than having to wait for fees to build up.

would you guys prefer customizable creator fees?

[H.D.Moghadam 🐉 @DaraeiHossein]

@usepurpsfun the 3% Creator Fee feels a bit too high. It would be better to make it customizable, allowing creators to choose their preferred fee between 1% and 3%. This would give creators more flexibility and make the platform more attractive to a wider range of users

[Purps @usepurpsfun]

Activity page is now live.

An aggregated view of the keeper engine feed across every token launched on usepurps.

Fee claims, bridges, margin deposits, position adjustments, profit-taking, buybacks, and burns can all be tracked in one place as they happen.

https://t.co/g1ZefzkOKp

[Purps @usepurpsfun]

For a more detailed view of the $PURPS position on Hyperliquid, you can track it directly through @hypurrdash.

View the live position, PnL, margin, and trading activity here:

https://t.co/QU54iIa5WP

[Purps @usepurpsfun]

We currently support over 100 perpetual markets on Hyperliquid, including BTC, ETH, SOL, HYPE, and a wide range of altcoins.

when launching a token, you can choose any available market, go long or short, and select leverage from 1x up to 20x, depending on the market's limits.

100% of creator fees generated from trading are automatically routed into the selected position, allowing it to accumulate more margin and exposure as volume grows.

https://t.co/Jc9DTUUcPf

[Purps @usepurpsfun]

For the newcomers here, every token launched on usepurps needs to accumulate at least 0.13 SOL in creator fees before its first Hyperliquid position can open.

This threshold exists because @unitxyz requires a minimum of 0.12 SOL to bridge into Hyperliquid, with the additional amount covering bridging fees.

Once the threshold is reached, the keeper automatically bridges the SOL through Unit, converts the received USOL into USDC margin on Hyperliquid, and opens the token's configured perpetual position.

From there, additional creator fees continue funding and increasing the position automatically.

https://t.co/Jc9DTUUcPf

[Purps @usepurpsfun]

Dev tokens have been locked for 1 year.

https://t.co/07riUlSjeX

[Purps @usepurpsfun]

Edit: The $PURPS position has now grown to $27.86K in notional exposure, with over $9,400 in collateral accumulated entirely from creator fees.

The 3x $HYPE long is currently sitting at -$117.76 in unrealized PnL (-1.26% ROE).

[Purps @usepurpsfun]

Edit: The $PURPS position has now grown to $15.82K in notional exposure, with $5,287.25 in collateral generated entirely from creator fees.

https://t.co/Det9OyHTrA

[Purps @usepurpsfun]

I believe there is a huge use case for combining the memecoin ecosystem with Hyperliquid.

These are two completely different ecosystems, but connecting them creates an entirely new way for tokens to operate.

usepurps is bringing these two ecosystems together, turning trading activity on Solana into leveraged position exposure on Hyperliquid.

[Purps @usepurpsfun]

For anyone skeptical if the tech actually works, every token on usepurps has an activity log where you can verify every transaction.

Fee claims, bridges through @unitxyz, margin deposits, position openings and increases, profit-taking, buybacks, and burns are all recorded with links to the corresponding transactions.

https://t.co/Jc9DTUUcPf

[Purps @usepurpsfun]

Finally seeing some green for $PURPS.

The 3x $HYPE long on Hyperliquid is now sitting at +$17.93 in unrealized PnL, with over $5,500 in collateral accumulated entirely from creator fees.

The position has grown to over $16.5K in notional exposure, all funded and managed automatically by the keeper.

As trading activity continues, more fees are added to the position.

https://t.co/Jc9DTUUcPf

[Purps @usepurpsfun]

To clarify, every token launched on usepurps is paired with $HYPE and collects a 3% creator fee on every trade.

100% of these fees are used to fund the token's own leveraged perpetual position on Hyperliquid, with the market, direction, and leverage selected at launch.

Once at least 0.13 SOL in fees has accumulated, the keeper bridges the capital to Hyperliquid and opens the position. Additional trading activity continues funding the position, while realized profits are used to buy back and burn the token.

https://t.co/Jc9DTUUcPf

[Purps @usepurpsfun]

Edit: The $PURPS position has now grown to $15.82K in notional exposure, with $5,287.25 in collateral generated entirely from creator fees.

https://t.co/Det9OyHTrA

[Purps @usepurpsfun]

the $PURPS position is currently sitting at $2,157.60 in notional exposure, running a 3x long on $HYPE through Hyperliquid.

the position has accumulated $718.74 in collateral entirely from creator fees generated by $PURPS trading activity.

As more trading activity generates fees, additional margin is deployed into the position, with realized profits eventually flowing back into $PURPS buybacks and burns.

https://t.co/Jc9DTUUcPf

[Purps @usepurpsfun]

Buybacks on usepurps are funded exclusively by realized profits from Hyperliquid positions.

Once a position reaches the 20% profit threshold with at least $25 in gains, profits are realized and bridged back to Solana to purchase and permanently burn the token.

The underlying margin remains in place so the position stays open.

[Purps @usepurpsfun]

the $PURPS position is currently sitting at $2,157.60 in notional exposure, running a 3x long on $HYPE through Hyperliquid.

the position has accumulated $718.74 in collateral entirely from creator fees generated by $PURPS trading activity.

As more trading activity generates fees, additional margin is deployed into the position, with realized profits eventually flowing back into $PURPS buybacks and burns.

https://t.co/Jc9DTUUcPf

[Purps @usepurpsfun]

Back online.

[Purps @usepurpsfun]

The site is temporarily down due to increased traffic, which caused the keeper service to crash.

restarting the RPC connection and bringing the keeper back online. Everything should be fully operational in a minute or so.

Appreciate everyone's patience.

[Purps @usepurpsfun]

The site is temporarily down due to increased traffic, which caused the keeper service to crash.

restarting the RPC connection and bringing the keeper back online. Everything should be fully operational in a minute or so.

Appreciate everyone's patience.