How it works
A token launchpad on Robinhood Chain that gives creator trading fees a job: they become margin on one perps position you choose at launch.
- Launch. Your coin deploys onchain on Robinhood Chain. At launch you pick a market type (index, FX or stock), the market, long or short, and leverage up to 3x. That choice is locked permanently, enforced in the database, not just the interface.
- Trade. People buy and sell your coin. Creator fees accrue in ETH.
- Sweep. Every 15 minutes the executor claims the fees, swaps them to USDG on Uniswap, deposits them into the platform perps account and adds them as margin to your position. Below a minimum it skips so gas never eats the fee. A crashed run resumes where it stopped and never double-claims or double-deposits.
- Receipt. Every run publishes what it claimed, deposited and added, the position size after, the position id and every transaction hash. Public for every coin.
- Dashboard. From your launch wallet you can see status and history, close the position, or withdraw realised PnL. You cannot change market, side or leverage.
Guardrails and risk
- Leverage cap 3x, checked at launch and again on every margin add.
- Per-coin open-interest cap; above it, fees are held as collateral.
- If the position is liquidated, the coin is flagged, sweeps into perps stop, and future fees are held as plain USDG collateral. A receipt says so.
- The operations wallet holds funds only while a sweep is in flight. A kill switch pauses all sweeps without losing state.
- Perpetual futures are leveraged and can be liquidated. Actions depend on fees actually received and configured intervals. No returns are promised. Funds are administered through an operational wallet and server.
Security: what this site asks your wallet
PerpsPad never asks for token approvals, permits, spend allowances or setApprovalForAll. There is no hidden transaction. The complete list of wallet requests the site can make:
| eth_requestAccounts | connect, only when you click Connect wallet |
| wallet_switchEthereumChain | switch to Robinhood Chain (4663) |
| personal_sign | sign a plain text message starting with perpspad to prove you own the launch wallet. Signing costs nothing and moves nothing. |
| eth_sendTransaction | only if you enter a dev-buy amount on the launch page: sends the ETH you typed to your coin's bonding curve, to buy your own coin. Nothing else, ever. |
| wallet_revokePermissions | when you click Disconnect |
Positions are opened by the platform's own operations wallet with fees your coin earned. Your wallet's balances are never read or used. Wallet warnings seen in late September 2026 were triggered by analytics scripts inherited from the page template on a new domain; they have been removed and the site loads no third-party trackers. Security contact: @PerpsPad_.
Public API
| GET /tokens | all coins with locked config and live position |
| GET /tokens/:id | one coin with position, PnL and snapshots for charting |
| GET /receipts/:token | receipts for a coin, newest first (each has a positionId) |
| GET /leaderboard | coins ranked by PnL |
| POST /launch | launch a coin with a locked position |
| POST /dev/:action | status · sweeps · close · withdraw, signed by the launch wallet |
Unauthenticated reads are cached for 30 seconds. Chain: Robinhood Chain (4663). Margin asset: USDG.