Overview

Perpy gives every coin its own perp desk. A coin launched through Perpy earns creator fees on Pons, Robinhood Chain's launchpad. Instead of those fees sitting in a wallet, a vault claims them, splits them, buys the coin back, trades a leveraged position, and pays the winnings back to holders.

#The problem

A memecoin's creator fees are a stream of ETH that usually goes to one wallet and is spent, sold, or forgotten. Holders get nothing from it, and the coin gets no support from it. The one thing that reliably follows is the creator selling.

#What Perpy does with the stream

Every coin has a vault of its own. Its Pons creator fees are routed to that vault from the first trade. Then, on a fixed rhythm:

1. The vault claims the fees.
2. The claim is split between the platform, a buyback, a trade and a reserve, in the shares the preset sets.
3. The buyback slice buys the coin, then burns it or pools it for holders.
4. The trade slice opens a leveraged perp position, long or short, in one market.
5. Profit comes home: wins are sold in slices, losses are counted first, and what is left pays the creator and buys more of the coin.

The full walkthrough, with every threshold, is in How it works.

#What it is not

• Not a fund and not a product you buy. Perpy does not sell tokens or investment products. It runs a strategy the creator configured, with fees the coin itself generates.
• Not guaranteed. A perp can be liquidated and then its margin is gone. See Risks.
• Not pooled. One vault per coin, nothing shared between coins.

#Where to start

• To launch a coin: Quickstart.
• To see the arithmetic on a fake market: the strategy lab on the home page.
• To check what exists today and what does not: Status.