Coins that own
a position.
Perpium is the periodic table of coins: a launch and fee-routing layer built for Elysium and Ascend. Each coin's received fees fund a leveraged perp position (Hyperliquid perps and HIP-3 markets, planned), held in that coin's own account, and are shared with the treasury, the creator, liquidity, stakers and holders. Drawdowns only add margin; realised profit repays earlier losses before it is shared.
Coin
On Elysium a coin launches on Ascend, straight into a closed hook pool paired with USDC. Perpium does not deploy or control the token contract; it receives the creator's fee share. Perpium's Ascend integration is not live yet.
Received fees
The launchpad pays the creator's share of trading fees to a wallet dedicated to the coin. Only fees actually received count: the launchpad's and the pool's own deductions come first, and nothing here assumes a fee that has not arrived.
Coins trade in their pool from launch, and on Ascend a coin's fees arrive in USDC, so its fee book is USDC.
Sub-wallet treasuries
Each coin has its own derived sub-wallet. Fees claimed for that coin land there and are split there, and its perp has its own account on the venue. No two coins share a wallet, so one coin's liquidation cannot reach another coin's funds.
The keeper is the only actor that moves a sub-wallet's funds, and only along the legs of the loop below.
Market universe
A creator will back the coin with a position on a Hyperliquid perp or a HIP-3 market. Leverage is limited to the lower of the venue's limit for that market and the platform cap of 5×, the ceiling the keeper applies again when it opens a position. The engine's connection to Hyperliquid is planned and not built yet.
Venue
Positions are planned to run on Hyperliquid's order books, as Hyperliquid perps or HIP-3 markets, with USDC collateral; coins, fees and the split live on Elysium. Reaching HyperCore from Elysium needs its HyperCore precompile, which ships after Elysium mainnet. Until the engine connects, no position is opened. A keeper service ticks every 15 seconds.
Fee split
Every claim is split by the coin's preset, stored per coin in basis points and checked to total 100%. The default, Balanced, sends 39% to the engine, 20% to the treasury, 15% to the creator, 15% to buyback, 10% to stakers and 1% to holders. The other presets move engine, liquidity and staking; the engine never drops below 25%.
Buyback buys the coin in its own pool. Stakers are paid through the coin's farm once one is bound; until then their share accrues. The creator or an admin can change the split at most once every 7 days; changes apply to future fees only. Realized perp profit, after prior losses are recovered, splits 50 treasury / 20 stakers / 5 holders / 25 kept in the engine.
Keeper loop
The loop is deliberately small: claim received fees, split them, then either add to the position or trim it when it is well in profit. There is no discretion and no rebalancing. A loss is realised only by liquidation or by a stop-loss the coin explicitly carries.
- 1Claim feesReceived creator fees are claimed from the launchpad into the coin's sub-wallet.every 15 s
- 2Split by presetThe coin's preset divides the claim between engine, treasury, creator, buyback, stakers and holders.by preset
- 3Trim profitPast +50% of collateral the keeper closes 25% of the position; realised profit repays earlier losses, then splits.50 / 20 / 5 / 25
- 4Add marginThe engine share tops up collateral at the same leverage — a top-up only ever improves the seat.adds only
Position lifecycle
By default a position opens with $20 of collateral once that much of the engine share has accrued. After that, whenever at least $5 of free margin has built up, the keeper grows the position at the coin's leverage. Once floating profit passes +50% of collateral the keeper closes 25% of the position, at most once every 6 hours; a creator can set their own trim at launch. Realised profit first repays earlier losses; the rest splits 50% treasury, 20% stakers, 5% holders and 25% kept in the engine.
A top-up only adds collateral, so it cannot itself cause a liquidation. Growth is capped at $1,000 of notional per tick.
- 1OpensOnce $20 of the engine share has accrued, at the creator's chosen leverage.$20
- 2GrowsWhenever $5 or more of free margin has built up, it is added at the same leverage — size grows, leverage does not.≥ $5
- 3TrimsPast +50% of collateral, close 25% of the position, at most every 6 hours; profit splits 50 / 20 / 5 / 25.+50%
- 4Adds marginIn drawdown the engine share only adds collateral.adds only
- Ends by ruleLiquidation, an opt-in stop-loss or an explicit close-out ends a position. Keeper discretion does not.by rule
Route an existing coin
An Ascend coin will be able to route its creator fees here. Its creator derives a one-use sub-wallet from their wallet and the token contract, then points the coin's fee recipient at it. From the first claim it runs the same split and keeper as a native launch. Routing opens with Ascend's contracts.
No wallet connection is needed to derive the address, so the mechanics can be checked in full before anything is granted.
Limits and risk
A leveraged position can be liquidated, and the engine share behind it can be lost. Funding routes, farm funding and holder payouts ship switched off and stay closed until an operator configures and verifies them. No independent security review of this build is published here.
Nothing on this site is investment advice or a promise of returns.