Perps
What you get:
- Up to 5x on the top markets
- No expiry, close whenever you like
- A liquidation price you see up front
- Live GMGN charts for every coin
- One ETH balance for every trade
For traders who want to ride a move for as long as it runs.
Leverage and dated futures on Robinhood Chain coins.
Go long or short up to 5x on the busiest coins on Robinhood Chain, or lock in a price with a dated future that settles itself at expiry. Deposit ETH, trade from one balance and withdraw whenever you like.
The desk
- Up to 5xLeverage on house markets, 2x on coins listed by their creators.
- 1h to 7dFutures expiries, settled against spot automatically.Carry of 50% a year, decaying to zero at expiry.
- No lockupsWithdraw any amount of your balance, any time, straight to your wallet.
Open the desk
Markets on the desk right now
- $PONS
- $CASHCAT
- $GOOSE
- $NVDA
- $SPY
- $META
- $SHCAT
- $PEVL
- $SPCX
- $AI
- $MCPLT
- $SI
- $VELN
- $CRED
- $ASTRO
- $SHRUB
- $PIXTWIN
- $ORBIO
- $GLD
- $VLTKIT
ProductsThree ways to
Three ways to
trade the chain
Every position is booked in ETH, against the house on the top markets or against a coin's own pool once its creator lists it. Prices come from the Pons curve, DexScreener and GeckoTerminal.
Start with perpetuals, dated futures, listing a coin or launching one on Pons.
Futures
Everything in Perps, plus:
- Expiries from 1 hour to 7 days
- Automatic settlement at spot
- The whole price curve before you trade
- Early exit at the live futures price
For traders with a view and a deadline.
Launch
For creators:
- List any Robinhood Chain coin
- Launch a new coin on Pons V2
- Your pool backs trades at up to 2x
- Top up the pool whenever you like
For creators who want leverage on their coin from the first minute.
Worked exampleHow a 24h future
How a 24h future
settles
0.2% futures spread, no withdrawal limits
- Deposits
“Every deposit is read from the chain before it counts, and each transaction hash can only ever be credited once.”
Verified on chain
- Risk
“A position closes at the liquidation price it showed you when it opened. You can never lose more than the margin you put up.”
Capped at your margin
- Withdrawals
“There is no cap and no freeze on withdrawals. Take out any part of your balance and the treasury pays it back to your wallet on chain.”
Paid in ETH
Robinhood Chain
Two desks, one balance
Open the desk →
5x leverage on house markets$20K+ pool depth for every house market
House markets are the Robinhood Chain coins with at least $20K of liquidity, ranked by 24h volume and refreshed every minute.
1h to 7d expiries to choose from0.2% spread in and out
The futures price is spot plus a carry of 50% a year for the time left. It converges on spot and settles there at expiry, with nothing for you to do.
How it worksFrom wallet to
From wallet to
position in minutes
Connect and deposit ETH
Pick any wallet in your browser and sign one message to start a session. Send ETH to the treasury and it lands in your desk balance as soon as the chain confirms it.
Choose a market and a side
Long or short, perp or dated future. Set your margin and leverage and see the fill price, the liquidation price and the expiry before you confirm.
Close, settle and withdraw
Close at the live price whenever you like, or let a future settle itself at expiry. Profits land in your balance and you can withdraw to your wallet at any time.
Priced straight
from the chain
01
The Pons curve, read live
A coin still on its Pons V2 bonding curve is priced from the curve contract itself, so the mark you trade against is the market.
02
Pools once it graduates
Once a coin trades in a pool, it is priced from its deepest DexScreener pair on Robinhood Chain, with GeckoTerminal as the fallback.
03
A sweep that never sleeps
Every few seconds a sweep checks each open position against its liquidation price and settles every future that has reached its expiry.
Common QuestionsFrequently Asked
Frequently Asked
Questions
A leveraged long or short with a fixed expiry, from 1 hour to 7 days. You pay a futures price of spot plus a small carry for the time left, and at expiry the contract settles against spot on its own, with the result paid into your balance.
A perp stays open until you close it or it is liquidated. A future also closes itself at expiry, so you can put on a view with a deadline and walk away. Both use the same margin, leverage and liquidation rules.
House markets are the busiest Robinhood Chain coins with at least $20,000 of pool liquidity, at up to 5x. Any other Robinhood Chain coin can be listed by its creator with its own pool and trades at up to 2x.
Send ETH from your wallet to the treasury and it is credited as soon as the chain confirms it. Withdraw any amount of your balance whenever you like: there is no cap and no freeze, and the treasury pays it straight back to your wallet on chain.
Every position shows its liquidation price when it opens: the entry price moved by one divided by your leverage. A sweep checks every open position every few seconds and closes any that pass that level. You never lose more than your margin.
Open List a coin, add a name, a ticker and an image, and your wallet launches it on Pons V2 for a 0.0005 ETH fee. The same page then lists it here for 0.08 ETH, half of which funds the pool traders trade against.