perpad

We're integrating @PhoenixTrade into @perpadfun. Apologies for the back and forth on this. After working through the options, we've finally landed on what we believe is the perfect fit to power perpad. Every token launched on perpad gets its own leveraged long/short treasury, with trading fees auto-routed into perps on the token itself. Execution quality on those perps directly determine performance, so the venue underneath matters more than anything else. Phoenix gives us real order book depth, tighter spreads, and far less oracle lag than what we've been routing through. It's the closest thing to native CLOB infrastructure on Solana, and the right foundation for how Perpad is meant to operate. Hoping to have it live by tomorrow. More soon.

While market sentiment may be at its lowest, Perpad remains focused on what matters most: building. We moved fast early on, but we've since taken a step back to refine, optimize, and deliver the silky-smooth experience we've always envisioned. Periods of low market sentiment aren't just challenges to endure, they're opportunities to build, innovate, and showcase what this technology is truly capable of. Our goal is to capitalize on these moments, bring meaningful innovation on-chain, and bring some fun new energy into the ecosystem. If we can bring a little light back to the trenches along the way, even better. We're almost there. perpad 🤍◎🖤

Excuse the profanity.

This is where we currently stand, I know we we're aiming for today - taking the time to perfect the craft rather than rushing into shit. perpad v2 soon.

gperp

@MaksimXBT @PhoenixTrade why do you think so? explain ;)

@perpadfun @PhoenixTrade every token getting its own leveraged pool sounds like a scaling problem

We're integrating @PhoenixTrade into @perpadfun. Apologies for the back and forth on this. After working through the options, we've finally landed on what we believe is the perfect fit to power perpad. Every token launched on perpad gets its own leveraged long/short treasury, with trading fees auto-routed into perps on the token itself. Execution quality on those perps directly determine performance, so the venue underneath matters more than anything else. Phoenix gives us real order book depth, tighter spreads, and far less oracle lag than what we've been routing through. It's the closest thing to native CLOB infrastructure on Solana, and the right foundation for how Perpad is meant to operate. Hoping to have it live by tomorrow. More soon.

@blknoiz06 i suggest @perpadfun

i am buying coins

@therealchaseeb you're right back your solana token with a perp on @perpadfun

Launching new perps markets is the new memecoins.

@BESYILDIZGG @PhoenixTrade Agree'd we'll make it happen once we've fully integrated! Thank you.

@perpadfun @PhoenixTrade Could you change the fee split? No need to buyback and burn source-coin with 25%. You could add it to the main token or the perp.

Yea right now we're on routing through a more viable venue (phoenix) so there might be some things that are not going through. it will be easier and all info etc will be more visible once we've fully integrated ourselves here. Sorry about that! We will definitely have ways of capitalize of everything, appreciate it.

Im not a perps expert so it could very well be already working but lmk lol. also make sure the tp stuff with buybacks / burns from long p is working. if there is a way to slow down the tp when HYPE is pumping so the profits can get that much bigger than would be great and when HYPE is topping out be more aggressive? might be a lot more difficult but just ideas for the future.

@blockchainz555 @PhoenixTrade Yes this should already be whats happening but I'll take a deeper look, collateral should be automatically added so if its not thats an issue!

@perpadfun @PhoenixTrade awesome! can we get an update on $hypu automation as well? how can we optimize the creator fees since HYPE is melting up. Add to collateral so we have more room so position isn't liquidated? you know better than me but just ideas on how to take full advantage of HYPEs momentum

@99_Bollish @tekPioneered 👑👑

This is our time @perpadfun. Make it right @tekPioneered

@SolanaFloor @solana hey 👑 check us out!

JUST IN: @Solana Foundation is calling for teams to build fully onchain perpetuals, derivatives and related trading apps on Solana, with support available through distribution, technical assistance and capital. The Foundation says it is looking for teams focused on onchain execution, real price discovery, Solana first design, open source code and revenue routed back to the network.

@toly @tekPioneered @TrustlessState @AskVenice @Lighter_xyz @PhoenixTrade @0xShitTrader Drop us a follow while you're at it kingmaker 👑👑

@tekPioneered @TrustlessState @AskVenice @Lighter_xyz @PhoenixTrade @perpadfun Tag @0xShitTrader

I've interviewed Zcash people, the @AskVenice team, @Lighter_xyz bulls, and $NEAR bulls... Who should I do next? What teams are out there doing bullish things worth discovering?

@tekPioneered @toly @TrustlessState @AskVenice @Lighter_xyz @PhoenixTrade 👑👑

@toly @TrustlessState @AskVenice @Lighter_xyz @PhoenixTrade Hey @Toly, who do talk to/message for private beta access @PhoenixTrade - We've done 1M+ perp volume through Imperial but would love direct a more sustainable route with Phoenix, let me know & put in a good word for us @perpadfun. 🤍◎🖤

@tekPioneered @toly @TrustlessState @AskVenice @Lighter_xyz @PhoenixTrade @toly

Currently implementing some fixes on some venues that we're not available to us, luckily we got the fix, will let you know when its ready ASAP.

Hey for everyone launching right now - We're going through some maintenance so if everything is not working perfectly, it will be in a little bit. We updated the fee logic we're ready, only flaw is having to use GMTrade and they can be slow only during high volatility. 🤍◎🖤

@PhoenixTrade hey, would you mind looking at DMs?

24/7 commodities are live on Phoenix. Crude oil and gold — fully on-chain, open every hour of every day.

@IsaacPaulm58837 It's all related, all updates are for every token. I will provide a more intricate update in a little bit, we're updating our fee logic/keeper etc at the moment. An improvement overall, stay excited! <3

@perpadfun 多发一下HYPU和PERPAD相关的进展

A lot of back and forth trying to get everything right. Feels like things are finally coming to fruition. Tomorrow. 🤍◎🖤