PERPLEV

Permissionless perpetual futures

Any token.
Any perps.
No permission.

Stand up a leveraged futures market for any SPL token in about a minute. Up to 20x, margined in the token you are trading, settled entirely on-chain.

perplev — engine

> opening rpc channel → solana mainnet

> vamm curve loaded · constant product

> price sources: dex pools | pyth v2 | authority

> leverage ceiling: 20x

> fee routing: 82% vault · 10% protocol · 8% creator

6

Markets live

$8.39M

24h volume

20x

Max leverage

Live markets

View all →

How it works

01

Choose a token

Any SPL mint with real on-chain depth qualifies — majors, LSTs, or something that shipped this morning.

02

Set the terms

Dial in the leverage ceiling, taker fee, and starting liquidity. Deployment settles in roughly half a minute.

03

Collect 8% forever

Whoever creates the market keeps 8% of every fee it ever produces. No expiry, no ceiling, no revenue share to negotiate.

No listing desk

Deployment is open to any wallet

8% creator cut

Paid out of every fill, indefinitely

Virtual AMM

Liquidity from day one, no divergence loss

Token-margined

Collateral and PnL in the asset itself

Pool-native pricing

Marks read from live DEX reserves

Up to 20x

Ceiling chosen per market at launch

Backstop vault

Absorbs shortfalls before LPs are touched

On-chain end to end

No sequencer, no off-chain book

Ready to deploy?

Pick the mint, choose the parameters, ship it. Fees start accruing to you on the first fill.

Launch Market →