Performances
| 1h | 24h | 7d | 30d | 60d | 90d |
|---|---|---|---|---|---|
| 0.18% | 32.28% | 24.84% | 1788.01% | -- | -- |
Comparison
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Details
This content is generated by RD AI and is for reference only
Perpspad is a token launchpad on Solana. Each token runs a leveraged perpetual contract vault that automatically buys and burns supply whenever the price rises.
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About PerpsPad
PerpsPad is a token launchpad on Solana. Every token it issues is backed by a real, running leveraged perpetual (Perp) position. At launch, the creator chooses an underlying asset (such as BTC, SOL, or tokenized stocks like TSLA) and sets the direction and leverage. Trading via a Meteora bonding curve or DLMM pool routes fees into a dedicated sub-wallet for that token. The fees are then split: one portion maintains or adds to the perp position, another buys back and burns the token on the open market, and the rest goes to the creator and platform operations.
The core narrative is "position tokenization": a token is not just a meme but has an on-chain verifiable position and cash flow. Reserves, positions, fee claims, and burns are all public. This attempts to solve the problem that meme coins often lack fundamental backing and rely only on sentiment, by giving the token a continuous buyback mechanism and a tangible value anchor.
In the past six months, according to a report on September 13, 2026, the market cap of the platform's token PERPSPAD briefly surpassed $5 million, up over 200% in 24 hours, before pulling back to around $4.2 million. This shows rising market attention, though the overall scale remains small.
Positive: On Sept 13, PERPSPAD's market cap briefly exceeded $5M, up over 200% in 24h, drawing significant attention (). Mechanically, 15% of trading fees buy back and burn the token, 20% goes to the treasury and buyback/burn; PERPSPAD itself runs a 5x long SOL strategy and receives buy support from other platform tokens' revenue (). No mint/freeze/admin keys exist, and liquidity is permanently locked, reducing rug risk.
Negative: High-leverage perp positions can be liquidated, cutting off the token's profit-burn stream; the platform depends on keeper, RPC, and venue services, so outages affect operations; the price is highly volatile, with market cap pulling back to about $4.2M.