Every market carries its own insurance fund and prices off live Solana DEX pools, and its creator can give up their admin key after launch. Fully on-chain, open to anyone, and open to any token.
Third-party tokens, not reviewed by Percolator. Do your own research. Shown: PumpSwap or Meteora pools quoted in SOL or USDC, liquidity ≥ $5K, with no Percolator market yet. Data: GeckoTerminal, DexScreener.
Each market seeds its own on-chain insurance pool at launch. Losses a liquidation can't cover come out of that market's own backing first. If the losing side's backing falls short, winning traders may be paid only part of their profit.
Creators can give up their admin key for good after launch. Then the creator can no longer claim creator fees or reassign the market's price-feed, insurance and backing keys. Those keys, the market authority and the program's upgrade key are not affected.
Launch a perpetual market for any Solana token in one on-chain transaction. No listing committee, no gatekeeper.
This playground runs on Solana devnet with test funds. Claim sim-USDC from the faucet and trade freely, no risk.
Connect a devnet wallet and claim sim-USDC from the faucet — one click, no signup.
Trade any of the live markets below, or launch your own for any Solana token.
Real oracle pricing, transparent liquidation math, up to 10x leverage.
Browse every live market, or launch one for a token that doesn't have a perp yet.
