Perp vault

Take the other side of every perp trade: deposit test dollars, earn fees and traders' losses, pay their profits.

Back to the markets

Vault value$ -

pLP price, live$ -

pLP price, settled$ -

APR, last 7 days-

Your position$ -

Sign in to see your share.

$ - of test dollars available. A deposit locks all the pLP this account holds for one hour, including pLP already unlocked.

How the vault works

A deposit buys pLP, your share of the vault. The vault takes the other side of every perp trade: it pays traders' profits and keeps their losses.
It also earns 70% of every trading fee. The other 30% goes to Pickle Chain.
The live pLP price counts open positions at the latest prices, funding included; the settled price counts only what has been paid into or out of the vault.
Every deposit locks all the pLP you hold for an hour, including pLP from earlier deposits: the lock is per account, not per deposit.
You can withdraw only what open positions do not need.