The market's price, held in your wallet.
Goes up when the market goes down.
One market, plus a bet that it beats another.
Several related markets in one token.
About three times the market's move.
About five times the market's move.
Your position lives in your wallet, not inside our app.
Mint, redeem, and transfer without asking us for permission.
Product backing and state are visible onchain.
Each product has its own collateral and trading silo.
Hold them, transfer them, route them, or build with them like other onchain assets.
Strategies that normally live inside trading accounts become tokens you can hold, transfer, route, and build with.
Markets change fast. PerpTokens is designed to package the market views traders care about into simple onchain products.
The complexity stays underneath. The user owns one token.
Leveraged products amplify losses as well as gains.
Short products lose value when their market rises.
Basket and FLIPS products carry risks from each underlying market.
Returns can differ from simple target exposure over time because of funding, fees, execution, rebalancing, and market conditions.
Read the risks