How Perpium works

Perpium turns every coin into an element on a periodic table, built for Elysium, Kinetiq's chain beside HyperCore, and for the Ascend launchpad. Each coin gets its own sub-wallet. Its creator fees land there, and every 15 seconds a keeper splits them: one share funds the coin's leveraged perp position, and the rest goes to the treasury, the creator, liquidity, stakers and holders. Positions will run on Hyperliquid perps and HIP-3 markets.

• ChainElysium testnet
• LaunchpadAscend, opening with its contracts
• Perp venueHyperliquid perps and HIP-3 markets (planned)
• GasHYPE
• Leverageup to 5×
• Engine shareat least 25%

Element a coin

Every coin launched or routed through Perpium.

Atomic number launch order

1 is the first coin listed; numbers never repeat.

Symbol the ticker

The big letters on the tile.

Mass market cap

The latest sampled price times the supply.

Charge the perp position

Its market, its leverage and its side: BTC 3× ↑ is a 3× long on BTC.

Reaction fees routed

The creator fees that feed the coin's engine.

Group the asset class

The colour of the tile: crypto, stocks and RWA, or FX and commodities.

Ascended Ascend's recognition

A stage on Ascend's lifecycle, read from Ascend once its contracts exist.

Ascend launches coins straight into closed hook pools, with no bonding curve, paired with USDC, HYPE or KNTQ. Perpium coins pair with USDC. With Perpium, the creator's share of Ascend's fee goes to the coin's sub-wallet and funds its engine. Perpium's Ascend integration is not live yet.

1. 1

   Make the coin on Ascend

   A name, a ticker and an image; Ascend creates the pool and its launch liquidity.

2. 2

   Set its charge

   A market, long or short, and leverage up to 5×.

3. 3

   Route the creator share

   Point the creator fee share at the coin's sub-wallet and pick a fee preset.

• Ascend's fee

  The creator picks it at launch: 1% to 10% of every trade, fixed for life. The creator's part reaches the coin's creator escrow, and that is what Perpium splits. On a 1% fee it is 0.35% of each trade below a $40k market cap, rising to 0.75% above $50M. Below $40k only 10% of the fee is paid as trades happen; the rest is held until the coin holds $40k for an hour, and is forfeited if that does not happen within 14 days. Ascend's own revenue: 10% treasury, 72% buys KNTQ, 18% buys HYPE.

• A USDC fee book

  Ascend pays fees in the pool's pair asset. Perpium coins pair with USDC, so an Ascend coin's fee book is USDC: every share of the split, every payout and every figure on its community page is in USDC.

• Ascended

  Ascend's mark for coins that qualify for its extra support: it buys them and features them. It weighs market cap, holders, volume and accumulation checks, and publishes no thresholds. An element's page shows the badge.

A coin launches with one of three presets. Each gives the treasury 20%, the creator 15% and holders 1%; they differ in the engine, buyback and stakers. The split is the coin's reaction: it runs on every claim.

• The engine never gets less than 25%, and stakers never less than the staking floor (10% by default).
• Buyback: the whole share buys the coin in its own pool. There is no LP leg: Ascend's launch pools take no outside liquidity.
• The creator can change the split at most once every 7 days. Changes apply to future fees only and stay in the coin's public history.

The engine share is margin for one position, the coin's charge, on its market: long or short, at up to 5× (less where the venue caps that market lower). Positions will run on Hyperliquid perps and HIP-3 markets; none is live yet.

• Take-profit

  At +50% of collateral the keeper closes 25% of the position, at most once every 6 hours.

• Drawdowns add margin

  Underwater, new fees keep adding collateral; the coin is never sold to cover a loss. A position ends only by liquidation, a stop loss or a close.

• Creator controls

  The creator can tune the take-profit (trigger 1–500%, close 1–95%), set stop losses, change leverage (up to 5×), flip, close and resume. Every action is signed, and none can move money out.

Until a coin's farm and holder payouts are live, those shares accrue for the coin. Nothing is redirected. On Elysium, staking opens when Perpium's farm contracts deploy there.

• The treasury builds staked HYPE planned

  The treasury share is meant to build a kHYPE position (HYPE staked through Kinetiq). Today the treasury share is paid out in the coin's fee asset.

• Ascend buys HYPE Ascend's

  Ascend's own revenue buys KNTQ (72%) and HYPE (18%), and half the HYPE is meant to be staked. That is Ascend's design, not Perpium's.

• Rewards in HYPE planned

  Paying stakers and holders in HYPE instead of the coin's fee asset.

• Charges on Hyperliquid planned

  Running a coin's position on Hyperliquid perps or a HIP-3 market, once Elysium's HyperCore precompile ships. No position is live yet.

Fees are claimed into, and paid out of, the coin's own sub-wallet, so the money trail is on-chain. Each element's community page shows:

• Fees received, and how much went to each share
• Payouts, liquidity added and farm funding, and what each share holds now
• The market, the position, its harvests and any losses carried
• The split in force and every change to it, in an append-only history
• The keeper's latest events, each transaction linked to the chain's explorer