Owns the vault
$COPIUM
- Minted when you deposit, and as cashback when you lose
- Burn it any time for your share of the pool
- Grows with every trader loss and half of every fee
1000x perps on Solana
Lose a trade. Get your copium.
Trade crypto perps at up to 1000x. Lose, and up to 20% of it comes back as pool shares.
1000xMax leverage
20%Cashback on losses at 1000x
$COPIUMOwns the vault
$COPERuns the house
You trade against the pool.
Losing makes you part of it.
-
01
Pick a side
Go long or short on any listed asset with up to 1000x. Sign once, then every trade is one click.
-
02
Win or get rekt
Winners are paid from the pool, after a small haircut on the gain and a 2.5% fee.
-
03
Lose? Get $COPIUM
Every realized loss and liquidation pays you cashback in $COPIUM, shares of the pool itself.
The higher the leverage, the bigger the cashback.
Cashback is paid on what you lose, by the leverage you used. Staking $COPE multiplies it by up to 1.2x, so 20% becomes 24%.
A $100 position at 1000x gets liquidated
$20 back
in $COPIUM, straight to your wallet
- 0%1-50x
- 5%51-100x
- 7.5%101-250x
- 10%251-500x
- 15%501-800x
- 17%801-999x
- 20%1000x
Be the house.
Deposit USD into the pool and get $COPIUM. The pool takes every trader loss and half of every fee. Burn $COPIUM to take your share back out.
- Priced live
- The share price counts every open position, so nobody exits ahead of a big winner.
- Withdraw any time
- Burn $COPIUM for your share of the pool, with a 0.5% fee.
Two tokens. One owns the vault, one owns and runs the protocol.
Owns and runs the protocol
$COPE
- Governs markets, parameters and upgrades, and manages the IP and infra
- Stake it for up to 1.2x cashback and as little as 2.0% on winning trades
- The rest of the protocol fees go to $COPE
Where a $100 loss goes
The 2.5% fee is split in half: one half stays in the pool, the other goes to $COPE. At 1000x, $20 of the loss comes back to the trader as $COPIUM.
Stays in the pool, for $COPIUM holders
$78.75
Comes back to the trader at 1000x, in $COPIUM
$20
Goes to $COPE
$1.25
Bring a friend.
Share the fees.
10%
of the treasury's fees from every trade your friends make, for as long as they trade
1.05x
cashback boost for your friend during their first 30 days, so 20% becomes 21% at 1000x
PaperTrade walked
so COPE could run.
PaperTrade
COPE
Fills
Slow order confirmations
Sub-second, on Solana
The house
Nobody can deposit: the pool grows only from losses
Anyone can deposit USD and own it with $COPIUM
When you lose
Your loss mints a token
Up to 20% comes back in shares of the pool
Protocol fees
Half to $PAPER stakers, half to the dev team
Half to $COPIUM, half to $COPE. None to a team
Follow the money One winning trade, one losing trade
PaperTrade
Win
Loss
Wins $5010x, BTC +5%
Loses $100Mints 10k $PAPER
Trader ≈ $44.80$5.20 haircut → pool
Pool keeps $98Nothing on top
Fee ≈ $0.902% of the gain
Fee $22% of the loss
$PAPER stakers50%
Dev team50%
+ 100% of the overflow
0% of the overflow
COPE
Win
Loss
Wins $5010x, BTC +5%
Loses $100Liquidated at 1000x
Trader ≈ $44.80$5.20 haircut → pool
Pool keeps $97.50$20 back to you in $COPIUM
Fee ≈ $1.122.5% of the gain
Fee $2.502.5% of the loss
$COPIUM50%
$COPE50%
+ every loss and haircut, less cashback
Runs the protocol, its IP and infra
Fees are a share of the gain or loss, never of position size. On COPE, staked $COPE lowers the fee on wins to 2.0%. While winners wait in the queue there is no fee: the whole loss pays them first. A referrer gets 10% of $COPE's half.
