anyperp.fun · testnet
Any token.
A perp.
Today.
AnyPerp is where unlisted tokens get real perps - long, short, leverage - without waiting for an exchange listing. Anyone can create a market. Trading only unlocks when price, liquidity, and risk checks clear.
Why AnyPerp exists
The token is live.
The perp isn't. That's broken.
New coins move in hours. Listings take weeks - if they happen at all. You shouldn't need a board meeting to long or short something that already trades onchain.
Spot only goes one way
You can buy the token. You can't short it. You can't size up with leverage when conviction is high.
Gatekeepers own the timeline
Someone else decides if your token is "big enough" for a perp. By then, the move is over.
Shared pools punish everyone
One thin market blows up - and LPs in totally different markets pay the price. Isolated vaults fix that.
How it works
Create free and open.
Go live when you earn it.
No forms for permission. Just a token, a price route, and capital. The contracts decide when trading is safe enough to open.
Drop in the token
Paste the contract address, pick collateral, set your risk tier, and post a creator bond.
Prove the price is real
Feeds must be fresh, agree with each other, and sit on enough depth and history.
Fund this market only
Seed LP + insurance for this vault alone. Capital never pools across markets.
Long and short go live
Trade opens with clear caps on leverage, size, open interest, and skew.
Built for wild tokens
Every market is its own island.
Its own LP vault. Its own margin. Its own insurance. Its own kill switch. If one market melts down, it cannot silently drain the rest.
- Fills start from real spot prices, then nudge with skew
- Liquidations close only what they need - when they can
- Sick markets go reduce-only, pause, or settle cleanly
- Losses hit this market's insurance before any capped backstop
Open creation. Locked trading.
A weak market can draft.
It can't fake being live.
If price or health fails, new risk freezes. Guardians can pause - they cannot grab funds or crank leverage.
No new positions. You can still reduce risk when a safe price is available.
Exposure shrinks. The market can flip to reduce-only until depth returns.
Trades and withdrawals that make imbalance worse get blocked.
Your margin → this market's insurance → capped backstop → ADL.
Testnet, not mainnet
Check the contracts yourself.
Contracts are live on Robinhood Chain testnet. Unaudited prototype — don't send real funds. Open the factory on the explorer and verify bytecode yourself.
anyperp.fun