Coins with their own perp engine. Every Phoenix market, right here.
Launch a token on a Meteora curve. Its trading fees fund a 5x to 10x stock perp on Phoenix in the token's own isolated account, locked-in profits buy the token back and burn it, and the treasury takes a fixed cut of every fee without ever betting. Trade crypto, stocks and commodities on Phoenix from the same site.
Tokens
No token has launched yet
Be the first: name your token, pick the stock the desk should trade when it graduates, and launch in under a minute.
Launch a tokenHow it works
Pick the bet
Name your token and choose the stock the engine trades for it: long or short, 5x to 10x. It is written into the token and cannot change.
Fees route every pass
Every curve trade pays 1%: 20% to you, 40% to the treasury, 40% to your token's perp. The keeper claims and routes it on-chain, every pass.
The engine trades
From the first $20.00 the engine opens the position in an isolated Phoenix account, tops it up every $20.00, and locks profit in at +30%: 75% buys the token back and burns it, 15% goes to you.
Graduate and keep going
At about $40,000 market cap the curve migrates: 80% becomes locked Meteora liquidity, 20% is split between the engine and the treasury. Pool fees keep feeding the engine forever.
- Curve
- Starts near $3,000 market cap, graduates near $40,000, about $8.98K raised per graduation
- Migration
- 20% of the raise to the desk, 80% to a locked Meteora DAMM v2 pool
- Desk
- One isolated perp per token on Phoenix, 5x to 10x. A position can lose at most the collateral of its market book. Phoenix charges 0.035% per trade plus funding
- Trading fee
- 1% on every buy and sell, all of it to the creator. The platform takes none
- Launch fee
- none, a launch costs only its network rent
- Supply
- 1,000,000,000 tokens, fixed. No mint authority, no freeze authority, metadata that cannot change
Launches, graduations, positions and their results show up here as they happen.