Same engine. Same prices. Same fees. The UI shape-shifts to whoever you are today.
Every other DEX rolled out funding crons, predatory liq bots, MEV sandwich bots, and called it a feature. We took a different bite.
Funding is computed atomically inside each batch settlement. There is no off-chain keeper. There is nothing to bribe. There is nothing to break.
Anyone can run a liq bot. Margin is recovered at oracle mid, not at the most predatory price the bot can get away with. Insurance fund covers the gap.
Orders enter a 1.8-second batch. Inside the batch they're sorted by price-time priority and cleared at a single uniform price. There is no front-run. There is no sandwich.
Trader Mode and Degen Mode talk to the same orderbook. A Degen Mode tap is a real perp position, not a synthetic. Same fills, same fees, same liq math.
3 bps per fill. No taker premium. No depositor fee. No withdrawal fee. The number on the order ticket is the number that hits your wallet.
Phantom, Backpack, Solflare, Ledger. No KYC, no email, no waiting. Two clicks.
Trader Mode: place a market or limit order. Degen Mode: tap up or down. Either way, your order joins the next 1.8-second batch.
Batch clears at a uniform price. Your fill, fees, and PnL update in the same block. Withdraw anytime.
Same orderbook, same fills, same fees. Degen Mode is just a UI on top. Anything you can do in Degen Mode you can do in Trader Mode and vice versa.
In Degen Mode, yes — your bet sets your max loss, full stop. Under the hood we open a position with a built-in stop at the bet amount. In Trader Mode, you can choose to skip the stop and your downside is governed by your margin and the liq engine like any perp.
Each 1.8-second batch computes an oracle-anchored funding payment between longs and shorts. There is no separate cron, no off-chain keeper. The math is in the spec.
Orders are sorted by price-time priority, matched at a single uniform clearing price, and settled atomically. Funding, liqs, and fee accruals run in the same block.
A combination of resting orderbook liquidity, the SOUR LP vault (passive), and active market makers running on our API.
Not yet. There is no presale. Anyone DMing you about a presale is not us.