Perpetual Trading

perps. includes a perpetual engine and trading interface for available markets.

Current Features

• Long and short positions.

• Margin-based position management.

• Leverage controls (within contract risk limits).

• Funding rate and mark/index market data views.

• Open position table with position-level details.

Market Availability

The /trade page reads markets from on-chain PerpEngine market storage. Market availability depends on created/active markets on the connected chain.

Funding Updates

Funding can be updated via permissionless contract functions and reflected in UI market data.

Market Readiness

A token being graduated does not automatically imply that its perpetual market is live for trading. In the current hardening model, a market can be graduated but still pending liquidity or oracle readiness. The product is being updated to surface those distinctions directly in the UI.

Fee Visibility

The product hardening branch now includes basic UI visibility for protocol fee accrual and fee-recipient routing. This is an observability step, not yet a full treasury reconciliation system.

Data Source Transparency

The hardening branch is moving perp statistics away from spot-token proxy data toward dedicated perpetual-event indexing. The UI can indicate when market stats are derived from perp-specific indexed data.