PerpRobinBTC/USDT Perpetual
Non-custodial · Robinhood Chain
—
Loading 4H candles…
- Up interval
- Down interval
- EMA 12
- EMA 26
Candles and volume: live BTC/USDT spot reference. EMA overlays are computed from those closes. The open-interest overlay is demonstration data on its own scale.
Order book unavailable
Waiting on an index price before the ladder can be anchored.
Connect a wallet to read your available collateral balance.
- Position size
- —
- Notional
- —
- Entry price
- —
- Est. liquidation
- —
- Trading fee
- —
- Price impact
- —
Connection is read-only. No transaction is requested.
Wallet not connected
Connect a wallet to read positions, margin and funding from the protocol contracts. Nothing is displayed until there is on-chain state to read.
Markets
Market analytics
Price and volume are live exchange reference data; every protocol-level series is demonstration data until PerpRobin’s contracts have settled history to report.
BTC/USDT Perpetual · overview
Loading 1D candles…
Price, change, high, low and volume: live BTC/USDT spot reference (Binance public market data). Open interest, funding and positioning are demonstration data — PerpRobin’s own market history is not yet available on-chain.
Chart 01
BTC/USDT price and volume
- Up interval
- Down interval
View data table
| Date | Open | High | Low | Close | Volume |
|---|
Chart 02
PerpRobin open interest
View data table
| Date | Open interest |
|---|---|
| 22 Aug | $1.91M |
| 23 Aug | $1.89M |
| 24 Aug | $1.98M |
| 25 Aug | $1.96M |
| 26 Aug | $2.04M |
| 27 Aug | $2.13M |
| 28 Aug | $2.06M |
| 29 Aug | $2.03M |
| 30 Aug | $2.06M |
| 31 Aug | $2.01M |
| 01 Sept | $1.97M |
| 02 Sept | $1.94M |
| 03 Sept | $1.90M |
| 04 Sept | $1.88M |
| 05 Sept | $1.88M |
| 06 Sept | $1.82M |
| 07 Sept | $1.88M |
| 08 Sept | $1.88M |
| 09 Sept | $1.90M |
| 10 Sept | $1.90M |
| 11 Sept | $1.89M |
| 12 Sept | $1.82M |
| 13 Sept | $1.80M |
| 14 Sept | $1.81M |
| 15 Sept | $1.88M |
| 16 Sept | $1.92M |
| 17 Sept | $1.88M |
| 18 Sept | $1.96M |
| 19 Sept | $2.04M |
| 20 Sept | $1.97M |
| 21 Sept | $2.01M |
| 22 Sept | $2.00M |
| 23 Sept | $2.01M |
| 24 Sept | $2.05M |
| 25 Sept | $1.99M |
| 26 Sept | $2.04M |
| 27 Sept | $2.09M |
| 28 Sept | $2.08M |
| 29 Sept | $2.08M |
| 30 Sept | $2.07M |
| Showing the most recent 40 of 90 rows. | |
Chart 03
Long versus short positioning
- Long share
- Short share
View data table
| Date | Long % | Short % |
|---|---|---|
| 22 Aug | 37.2 | 62.8 |
| 23 Aug | 34.7 | 65.3 |
| 24 Aug | 33.9 | 66.1 |
| 25 Aug | 35.9 | 64.1 |
| 26 Aug | 33.5 | 66.5 |
| 27 Aug | 35.8 | 64.2 |
| 28 Aug | 38.0 | 62.0 |
| 29 Aug | 36.4 | 63.6 |
| 30 Aug | 37.0 | 63.0 |
| 31 Aug | 38.3 | 61.7 |
| 01 Sept | 40.0 | 60.0 |
| 02 Sept | 37.7 | 62.3 |
| 03 Sept | 38.6 | 61.4 |
| 04 Sept | 38.6 | 61.4 |
| 05 Sept | 38.9 | 61.1 |
| 06 Sept | 38.7 | 61.3 |
| 07 Sept | 40.7 | 59.3 |
| 08 Sept | 40.1 | 59.9 |
| 09 Sept | 41.1 | 58.9 |
| 10 Sept | 42.9 | 57.1 |
| 11 Sept | 41.5 | 58.5 |
| 12 Sept | 39.8 | 60.2 |
| 13 Sept | 39.4 | 60.6 |
| 14 Sept | 39.1 | 60.9 |
| 15 Sept | 40.1 | 59.9 |
| 16 Sept | 39.0 | 61.0 |
| 17 Sept | 38.9 | 61.1 |
| 18 Sept | 40.0 | 60.0 |
| 19 Sept | 37.5 | 62.5 |
| 20 Sept | 37.5 | 62.5 |
| 21 Sept | 38.1 | 61.9 |
| 22 Sept | 38.4 | 61.6 |
| 23 Sept | 35.9 | 64.1 |
| 24 Sept | 33.5 | 66.5 |
| 25 Sept | 35.0 | 65.0 |
| 26 Sept | 33.8 | 66.2 |
| 27 Sept | 34.1 | 65.9 |
| 28 Sept | 36.4 | 63.6 |
| 29 Sept | 35.6 | 64.4 |
| 30 Sept | 36.5 | 63.5 |
| Showing the most recent 40 of 90 rows. | ||
Chart 04
Historical funding rates
- Longs pay shorts
- Shorts pay longs
View data table
| Period | Funding rate |
|---|---|
| 17 Sept, 00:00 UTC | -0.0251% |
| 17 Sept, 08:00 UTC | -0.0098% |
| 17 Sept, 16:00 UTC | -0.0333% |
| 18 Sept, 00:00 UTC | -0.0290% |
| 18 Sept, 08:00 UTC | -0.0173% |
| 18 Sept, 16:00 UTC | -0.0366% |
| 19 Sept, 00:00 UTC | -0.0305% |
| 19 Sept, 08:00 UTC | -0.0362% |
| 19 Sept, 16:00 UTC | -0.0470% |
| 20 Sept, 00:00 UTC | -0.0483% |
| 20 Sept, 08:00 UTC | -0.0460% |
| 20 Sept, 16:00 UTC | -0.0299% |
| 21 Sept, 00:00 UTC | -0.0165% |
| 21 Sept, 08:00 UTC | -0.0012% |
| 21 Sept, 16:00 UTC | -0.0117% |
| 22 Sept, 00:00 UTC | -0.0215% |
| 22 Sept, 08:00 UTC | -0.0072% |
| 22 Sept, 16:00 UTC | +0.0117% |
| 23 Sept, 00:00 UTC | +0.0189% |
| 23 Sept, 08:00 UTC | -0.0093% |
| 23 Sept, 16:00 UTC | -0.0280% |
| 24 Sept, 00:00 UTC | -0.0321% |
| 24 Sept, 08:00 UTC | -0.0329% |
| 24 Sept, 16:00 UTC | -0.0053% |
| 25 Sept, 00:00 UTC | -0.0051% |
| 25 Sept, 08:00 UTC | +0.0166% |
| 25 Sept, 16:00 UTC | +0.0268% |
| 26 Sept, 00:00 UTC | +0.0057% |
| 26 Sept, 08:00 UTC | +0.0009% |
| 26 Sept, 16:00 UTC | +0.0236% |
| 27 Sept, 00:00 UTC | -0.0020% |
| 27 Sept, 08:00 UTC | -0.0011% |
| 27 Sept, 16:00 UTC | -0.0263% |
| 28 Sept, 00:00 UTC | -0.0371% |
| 28 Sept, 08:00 UTC | -0.0225% |
| 28 Sept, 16:00 UTC | -0.0120% |
| 29 Sept, 00:00 UTC | -0.0208% |
| 29 Sept, 08:00 UTC | -0.0129% |
| 29 Sept, 16:00 UTC | -0.0079% |
| 30 Sept, 00:00 UTC | -0.0271% |
| Showing the most recent 40 of 180 rows. | |
Chart 05
Liquidation distribution
- Long liquidations
- Short liquidations
View data table
| Band | Long | Short |
|---|---|---|
| -6% | $93.50K | $14.96K |
| -4% | $103.43K | $16.55K |
| -2% | $141.39K | $22.62K |
| -1% | $177.29K | $28.37K |
| +1% | $14.22K | $88.89K |
| +2% | $15.86K | $99.14K |
| +4% | $16.91K | $105.72K |
| +6% | $14.07K | $87.93K |
Chart 06
Market liquidity depth
- Bid depth
- Ask depth
View data table
| Distance | Bid depth | Ask depth |
|---|---|---|
| 0.05% | $102.23K | $94.29K |
| 0.10% | $173.67K | $177.56K |
| 0.25% | $232.77K | $229.01K |
| 0.50% | $516.10K | $490.07K |
| 1.00% | $910.30K | $866.10K |
| 2.00% | $1.32M | $1.43M |
Chart 07
Cumulative protocol volume
View data table
| Date | Cumulative volume |
|---|---|
| 22 Aug | $57.79M |
| 23 Aug | $58.26M |
| 24 Aug | $58.74M |
| 25 Aug | $59.34M |
| 26 Aug | $60.42M |
| 27 Aug | $61.72M |
| 28 Aug | $62.16M |
| 29 Aug | $63.35M |
| 30 Aug | $64.49M |
| 31 Aug | $65.85M |
| 01 Sept | $66.20M |
| 02 Sept | $67.02M |
| 03 Sept | $67.69M |
| 04 Sept | $69.06M |
| 05 Sept | $69.93M |
| 06 Sept | $70.71M |
| 07 Sept | $71.93M |
| 08 Sept | $72.58M |
| 09 Sept | $73.53M |
| 10 Sept | $74.85M |
| 11 Sept | $75.84M |
| 12 Sept | $77.28M |
| 13 Sept | $78.50M |
| 14 Sept | $79.72M |
| 15 Sept | $80.44M |
| 16 Sept | $81.85M |
| 17 Sept | $82.24M |
| 18 Sept | $82.54M |
| 19 Sept | $83.29M |
| 20 Sept | $83.85M |
| 21 Sept | $84.48M |
| 22 Sept | $85.55M |
| 23 Sept | $86.34M |
| 24 Sept | $87.01M |
| 25 Sept | $87.82M |
| 26 Sept | $88.90M |
| 27 Sept | $89.62M |
| 28 Sept | $90.17M |
| 29 Sept | $90.86M |
| 30 Sept | $92.46M |
| Showing the most recent 40 of 90 rows. | |
Chart 08
Trader PnL distribution
- Closed at a gain
- Closed at a loss
View data table
| Return band | Positions |
|---|---|
| < -50% | 294 |
| -50 to -20% | 681 |
| -20 to -5% | 772 |
| -5 to 0% | 570 |
| 0 to +5% | 712 |
| +5 to +20% | 602 |
| +20 to +50% | 382 |
| > +50% | 173 |
Charts 02 through 08 describe PerpRobin’s own market. Those figures cannot exist until the protocol has settled history on Robinhood Chain, so the series shown are structured demonstration data, generated deterministically and labelled on every panel. They illustrate the shape of the analytics, not the state of the market. Chart 01 is live exchange reference data and is marked separately in its caption.
Protocol
How PerpRobin works
A perpetual position has no expiry, so the lifecycle is short: fund it, direct it, watch it, close it. What changes between those steps is the margin behind it.
Protocol flow
The diagram describes the intended flow of collateral, prices and settlement. PerpRobin does not claim complete decentralisation, oracle redundancy or trustlessness, and no audit has been completed — see the component list for the current status of each part.
01
Deposit
Connect a wallet and deposit USDG collateral into the protocol's contracts. Collateral is never held by an intermediary.
02
Choose direction
Open a long or short BTC/USDT perpetual position, sized against your collateral and chosen leverage.
03
Manage risk
Monitor margin, funding, price impact and your liquidation level in real time as the market moves.
04
Settle
Reduce or close the position through PerpRobin's non-custodial contracts, with proceeds returned to your wallet.
Protocol
Audit — PENDINGArchitecture
Ten components, stated plainly — including the ones that are not finished. Where a property has not been verified, this page says so rather than implying it.
Perpetual futures engine
Maintains leveraged long and short positions in the founding market. Positions have no expiry; exposure persists until it is reduced, closed or liquidated.
Collateral management
Collateral is posted in USDG and held by protocol contracts against open exposure. Margin requirements are evaluated continuously rather than at fixed intervals.
Funding-rate mechanism
A continuous rate driven by open-interest imbalance, accrued per second and capped per 8-hour interval. Longs pay shorts when longs dominate, and the reverse.
Mark and index prices
The index price tracks the underlying spot market via the oracle. The mark price is the valuation used for margin and liquidation.
Liquidation process
When equity falls below the maintenance requirement, the position becomes eligible for closure by any liquidator. Thresholds are published, not discretionary.
Liquidity pool
An ERC-4626 vault of settlement collateral is the counterparty to every position. It reserves each position's maximum payout so it can always honour what it backs.
Oracle infrastructure
Prices come from a keeper-pushed oracle with staleness and deviation guards, or a Chainlink-compatible feed when one exists. Redundancy is not yet claimed.
Risk parameters
Maximum leverage, maintenance margin, fees and open-interest caps. Published values govern the deployed market; the deployed market allows up to 25× leverage.
Uniswap v4 token liquidity
Spot liquidity for the PerpRobin token routes through Uniswap v4 on Robinhood Chain. Uniswap does not provide perpetual futures and is not a venue for leveraged positions.
Robinhood Chain settlement
Trades, margin changes and liquidations settle on Robinhood Chain. PerpRobin is built on the chain; this is not a statement of partnership with Robinhood.
Audit status — PENDING
Not yet completedNo third-party security audit of PerpRobin’s contracts has been completed. Audit reports will be published here when they exist. Until then, treat the contracts as unaudited code and size exposure accordingly.
Documentation, published risk parameters and audit reports are linked as each is released. Links that do not yet resolve to a published document point to this page.
Protocol
Accrues continuously · capped per 8hFunding
A perpetual contract never expires, so nothing forces it back to the underlying price. Funding does that work instead: a payment between the two sides of the market, sized by how far the perpetual has drifted from the BTC/USDT index.
Index, mark and perpetual price
- Index price
- Mark price
- Perpetual market price
- Index price
- 98.67
- Perpetual price
- 98.36
- Basis
- -0.309 (-0.314%)
- Who pays
- Shorts pay longs
Positive funding
Longs pay shortsWhen the perpetual trades above the index, demand for long exposure exceeds the supply of shorts. At the next settlement, holders of long positions pay holders of short positions in proportion to position size. The payment makes long exposure more expensive to hold, which is what pulls the perpetual back toward the index.
- Worked example
- Rate +0.0100%
- Long position
- $10,000 notional
- Settlement
- Long pays $1.00
- Counterparty
- Short receives $1.00
Negative funding
Shorts pay longsWhen the perpetual trades below the index, the flow runs the other way and short positions pay long positions. The same mechanism applies in reverse: holding the crowded side costs something, and that cost narrows the gap.
- Worked example
- Rate −0.0100%
- Short position
- $10,000 notional
- Settlement
- Short pays $1.00
- Counterparty
- Long receives $1.00
Liquidity
Uniswap v4 · Robinhood ChainSpot liquidity on Uniswap v4
Two venues, two jobs. The PerpRobin token trades against ETH in a Uniswap v4 pool on Robinhood Chain, routed through the Universal Router. Leveraged BTC/USDT perpetual positions are opened, margined and closed by PerpRobin’s own contracts.
Spot market — Uniswap v4
Pending deployment- Token price
- Not yet available
- Uniswap v4 pool
- [UNISWAP V4 POOL]
- Pool liquidity
- Not yet available
- 24h swap volume
- Not yet available
Token contract address
0x390c2351411683a96362E8B79fa7e422177304ffLiquidity provision is listed here only if and when it is publicly supported for this pool. Pool figures appear once the contract is deployed and verifiable on-chain — none are estimated in the meantime.
What routes where
- Uniswap v4 — spot token liquidity
- Buying and selling the PerpRobin token itself against ETH via the Universal Router. Swaps, pool liquidity and token price discovery. No leverage, no margin, no funding.
- PerpRobin — perpetual futures
- Opening and managing leveraged BTC/USDT positions. Collateral, margin, funding payments and liquidation are handled entirely by PerpRobin’s perpetual trading engine.
PerpRobin is built on Robinhood Chain and its token liquidity is available through Uniswap v4. Neither describes a formal partnership with Robinhood or Uniswap, and none is claimed.
Token
Confirmed details onlyRobinPerps token & contracts
What is published below is what has been confirmed. Fields still shown in brackets have not been finalised, and nothing is filled in on their behalf.
Token record
Partially disclosed- Token name
- PerpRobin
- Ticker
- RPERP
- Network
- Robinhood Chain
- Total supply
- 1,000,000,000
- Uniswap v4 pool
- [UNISWAP V4 POOL]
- Confirmed utility
- [TOKEN UTILITY]
Contract address
0x390c2351411683a96362E8B79fa7e422177304ffProtocol contracts · Robinhood Chain
4 / 4 publishedPerpMarket
BTC/USD perpetual engine — positions, funding, liquidations.
LiquidityPool
ERC-4626 counterparty pool holding settlement collateral.
PriceOracle
BTC/USD index price — keeper-pushed or Chainlink-compatible feed.
RobinPerps
Protocol token (ERC-20, permit, burnable). Fixed supply, no owner.
Verify every address against the official documentation before approving a transaction. Addresses circulated elsewhere may not be ours.
Holding a token is not required to trade BTC/USDT perpetuals on PerpRobin. Trading is collateralised in USDG; the token is a separate instrument with separate risk.
When the contract is deployed, verify the address against this page and the official documentation before interacting with any pool. Addresses published anywhere else should be treated as unverified.
Roadmap
Subject to protocol readinessExpansion roadmap
Four phases, in order. Only the first is live. The others describe intent, and intent is not availability — each is targeted rather than dated.
Phase 1
LiveBTC/USDT founding market
Primary perpetual market, trading engine and risk system. One pair, one funding curve, one liquidation surface — operated until the record justifies extending it.
Robinhood Chain
Phase 2
PlannedETH/USDT
A second major perpetual pair after established liquidity and risk targets are met in the founding market. Targeted, not scheduled; subject to protocol readiness.
Targeted
Phase 3
PlannedExpanded pairs
Carefully selected markets added through transparent listing criteria covering oracle quality, spot depth and the protocol's capacity to carry the additional risk.
Targeted
Phase 4
PlannedCommunity markets
Progress toward community-guided listings and broader protocol governance. Scope and mechanism are not yet defined and are subject to protocol readiness.
Targeted
Markets described above as planned or targeted are not currently available on PerpRobin. BTC/USDT is the only perpetual market at launch.
Before you trade
Risk disclosure · read in full
Perpetual futures are complex, leveraged products. Trading them on PerpRobin involves leverage, funding payments, liquidation, smart-contract risk and oracle risk — and can result in the complete loss of your deposited collateral.
What can go wrong
- Leverage risk
- Amplified exposure means small adverse moves can eliminate collateral entirely.
- Liquidation risk
- Positions falling below maintenance margin are closed by liquidators, realising the loss.
- Funding risk
- Funding may run against your position for extended periods and compound the cost of holding it.
- Smart-contract risk
- The contracts are unaudited. Defects, exploits or unexpected behaviour could result in loss of funds.
- Oracle risk
- Prices depend on external feeds. Incorrect, delayed or manipulated inputs can produce incorrect valuations and liquidations.
- Market risk
- Volatility, gaps and thin liquidity can move execution prices away from expectations, particularly in stressed conditions.
Before every position
- 01
Understand leverage
Leverage multiplies both directions. At 10×, a 10% move against your position removes your entire collateral.
- 02
Check your liquidation price
Know the price at which the position closes before you open it. It is shown in the order panel for every configuration.
- 03
Monitor funding
Funding accrues continuously over the life of a position and can reverse direction without notice.
- 04
Control position size
Size against what you can lose, not against what the interface will permit. Maximum leverage is not a recommendation.
- 05
Verify contract addresses
Confirm every address against the official documentation before approving a transaction.
- 06
Never trade funds you cannot afford to lose
Total loss of deposited collateral is a realistic outcome in leveraged trading, not an edge case.
Nothing on this website is financial advice, a recommendation, or an offer to trade. No return is promised, projected or guaranteed. Demonstration figures shown elsewhere on this page illustrate the interface and do not represent past performance, expected performance or any outcome you should anticipate.
FAQ
13 entriesFrequently asked
What is PerpRobin?
PerpRobin is a decentralized perpetual futures protocol built on Robinhood Chain. It lets traders open leveraged long or short positions on BTC/USDT through non-custodial smart contracts, with collateral held by the protocol rather than an intermediary.
What is a perpetual futures contract?
A perpetual future is a derivative that tracks an underlying asset's price but never expires. Because there is no settlement date to force convergence, a periodic funding payment between longs and shorts keeps the contract price anchored to the underlying index.
Why is BTC/USDT the only market at launch?
Concentrating on one pair concentrates liquidity, simplifies risk monitoring and improves execution. A single market means one funding curve, one set of margin thresholds and one liquidation surface to operate and observe. Additional pairs are introduced once the founding market demonstrates the depth and operational record to support them.
Which network does PerpRobin use?
PerpRobin is built on Robinhood Chain; trades, margin changes and liquidations settle there. This describes the network the protocol runs on and is not a statement of partnership with Robinhood.
What role does Uniswap play?
Uniswap v4 on Robinhood Chain is the venue for spot liquidity and swaps involving the RobinPerps token, routed through the Universal Router. Perpetual positions are not traded on Uniswap — they are opened, margined and closed by PerpRobin's own contracts. Uniswap does not provide perpetual futures.
Which collateral is supported?
USDG is the settlement asset for the founding market. Any additional supported collateral will be listed in the documentation alongside the contracts that accept it.
How are funding rates calculated?
Funding is a continuous rate proportional to the open-interest imbalance between longs and shorts, accrued per second and capped per 8-hour interval. Longs pay shorts when longs dominate, and the reverse. Exact parameters are published with the deployed contracts.
How is liquidation price calculated?
Liquidation price is the level at which position equity falls to the maintenance margin requirement. It depends on entry price, leverage, collateral and the maintenance margin rate — so adding collateral or reducing size moves it further away. The order panel shows an estimate for every configuration before a position is opened.
What are mark and index prices?
The index price tracks the underlying spot market and is the reference the contract is anchored to. The mark price is the valuation used for margin and liquidation, derived so that a brief dislocation in the book cannot liquidate a position on its own. Unrealised PnL and liquidation both reference the mark price, not the last traded price.
When will additional pairs launch?
ETH/USDT is the planned second market, targeted after the founding market meets its liquidity and risk thresholds. No date is committed, and all future markets are subject to protocol readiness. They are not available today.
Has PerpRobin been audited?
No. Audit status is PENDING. No third-party security audit has been completed, and the contracts should be treated as unaudited code. Any audit reports will be published on this site when they exist.
Where can users verify the contracts?
Contract addresses are published in the Token section of this page once deployed, with links to the Robinhood Chain block explorer where the verified source is available. Always confirm an address against the official documentation before approving a transaction; addresses circulated through other channels should be treated as unverified.
What risks should traders understand?
Leverage risk, liquidation risk, funding cost, smart-contract risk, oracle risk and general market risk — any of which can result in the complete loss of deposited collateral. Read the Risk Desk section in full before trading.