A market for what moves the world.
Attention shifts. Culture accelerates. Trade routes change. Perp Live is a proposed perpetual exchange where measurable changes in the world become indices that people can take a position on.
Go long when you expect an index to rise. Go short when you expect it to fall. Each market is tied to a defined measurement, giving traders a direct way to express a view on that signal.
Designed for Robinhood Chain. This website is an interactive product demonstration. Its markets, prices and balances are simulated.
Make the measurement visible.
A live market requires a published methodology: accepted data sources, transformations, update frequency and safeguards for missing or disputed observations.
The proposed oracle layer would verify source authenticity and computation before submitting an index update on-chain. The market would expose the underlying methodology and update history for inspection. These systems are not connected in this demo.
Your view. Either direction.
Perp Live’s intended trading model combines long and short perpetual positions, stablecoin margin and up to 10× leverage, subject to each market’s limits. Perpetual contracts do not have a scheduled expiry.
- Index price: the reference value calculated from the market’s data methodology.
- Mark price: the trading price of the perpetual market.
- Funding: intended to encourage alignment between mark and index. When the mark is higher, longs pay shorts; when lower, shorts pay longs.
- Margin: collateral absorbs losses. A live implementation must enforce maintenance requirements and liquidation rules.
The demonstration charges an illustrative 1.1% opening fee on position notional. It calculates price P&L without funding, slippage or liquidation execution. Live parameters remain unconfirmed.
Capital, placed with conviction.
The intended market structure uses concentrated liquidity: makers choose a price range in which to provide capital, with trading fees allocated according to active liquidity and the market’s fee rules.
A Uniswap v4 based implementation on the target network would require deployed and tested contracts. Makers can take the opposite exposure to traders, and may experience inventory changes, funding costs and losses. Fee income is variable.
The demo lets you allocate and withdraw virtual USDC within a chosen range. It does not simulate maker inventory, returns or accrued fees.
Perp Live on Robinhood Chain.
The Perp Live token is planned for the project. Token supply, distribution, utility and launch parameters will be published once finalized.
No token contract address has been announced in this preview. The demo uses virtual USDC for margin; there is no token sale, deposit or live swap on this website.
The experience is open to explore.
The interactive demo includes six illustrative index markets, long and short position simulation, range-based liquidity allocation and a portfolio that remains in your browser tab.
Live trading requires deployed exchange contracts, verified oracle feeds, funded liquidity, wallet integration and reviewed market risk parameters. This preview does not represent a deployed protocol or an affiliation with Robinhood.