Perps.fundocs

Quick start

Steps to begin the Teams or Individuals track on Perps.fun.

Each track has its own intake.

Teams

  1. Open @Perpsfun_bot on Telegram and send /apply. The bot collects project name, X/Twitter handle, team email addresses, market category, a short market description, and the team's market-maker and community status. The flow takes about 60 seconds.
  2. Approved applicants receive a deep link to create a private Telegram group and a magic-link invite to dashboard.perps.fun for each team email.
  3. In the dashboard, the team drafts a ticker proposal and iterates with our quant team.
  4. Perps.fun signs the partnership agreement before approving the first market for launch. The team funds the HIP-3 ticker purchase; Perps.fun lists the market.

For the full flow, see For Teams.

Individuals

  1. Open app.perps.fun and connect a wallet.
  2. Open /propose and complete the form: market name, ticker, oracle source (SEDA or Custom), maximum leverage (cap 10x), and OI cap.
  3. Submit. Proposals are free and require no on-chain transaction.
  4. After quant approval, Perps.fun deploys an on-chain vault for the market. Backers deposit stablecoin during the bonding window (default 7 days).
  5. If the vault hits its target, Perps.fun bonds it (minting the proposer 10% of vault shares), acquires the HIP-3 ticker, and lists the market. If the vault misses its target, backers refund their full deposits.

For the full flow, see For Individuals.

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