Inverted perps for any SPL token.
Your token is the collateral. Trading fees lock in the insurance fund forever. Admin burned. Formally verified. Starting with $CURV.
Any Token
Permissionless Listing
Immutable
Admin Key Burned
Forever
Fees Locked
Verified
Formally Proven
Any SPL token can back an inverted perpetual market. Fees flow into an insurance fund that grows forever. Admin key burned. The soft burn that never stops.
Deposit any SPL token as collateral. The perp is inverted — price denominated as 1/token. Value flows directly into the token ecosystem.
Traders open long and short positions against LP matchers. Every trade pays a fee. Every fee flows into the insurance fund. The fund only grows.
Admin key is burned. Nobody can withdraw the insurance fund. Ever. Trading fees are permanently locked. Supply effectively decreases over time.
The first token on curv.fun. One market. Perpetual deflation.
Forked from Toly's Percolator. The only formally verified perp engine on Solana.
Kani harnesses prove that no user can ever extract more value than exists on the balance sheet. Not audited — mathematically proven.
LPs bring their own pricing logic. Passive market making at 50bps, vAMMs at 5bps, or custom strategies. The protocol doesn't prescribe.
All market state lives in a single on-chain account. Clean, composable, easy to snapshot. No scattered PDAs or complex account graphs.
Anyone can run the keeper. Liquidations, funding, and price updates are all permissionless and incentivized. No centralized operator.
curv.fun is permissionless. Any SPL token can get an inverted perp market with built-in deflationary mechanics. Coming soon.
Give your community leveraged trading on their favorite token. Fees lock value forever. Better than burns.
Add a derivatives market for your governance token. Insurance fund growth aligns trader activity with token value.
Launch with a perp market from day one. Built-in price discovery, leverage, and deflationary mechanics.
$CURV is the first market on curv.fun. Connect your wallet and trade with up to 10x leverage. More tokens coming soon.
Launch App