The crowded side
pays the holders.
Every coin launched on FUNDED gets its own perp market from minute one. Each hour, whichever side is crowded pays funding, and 90% of it goes to the people who hold the coin. Shorting a FUNDED coin pays its holders.
- Paid by shorts
- 0
- Paid by longs
- 0
- Wallets paid
- 0
Funding to holders depends on traders and can be zero. Perpetual futures are high risk. You can lose your entire margin. Perps are not available to US persons or in restricted regions.
Every coin on the pad, and who is paying its holders.
Perps where the funding goes to the holders.
A creator launches on pump.fun through FUNDED and signs it in their own wallet. Creator fees split on chain: 60% perp vault, 30% creator, 10% FUNDED. The market is live from minute one.
Traders go long or short at 1x to 3x with SOL margin against the coin's perp vault. Prices use a clamped 5 minute TWAP mark, never the last trade.
Every hour the crowded side (more open interest) pays up to 0.10% of its size. The lighter side gets nothing: 90% goes to holders, 10% stays in the vault.
Wallets that held through the hour (0.01% of supply or more) split it pro-rata. SOL is sent automatically once a wallet's credits reach 0.001 SOL.
Shorting a FUNDED coin pays its holders.
On a normal perp exchange the crowded side pays the other side. On FUNDED it pays the people who hold the coin. When shorts pile in, every hour they stay crowded sends SOL to $KOI holders.
- Snapshot every hour
At each hour boundary the keeper reads every wallet's bag of the coin.
- Held through the hour
Your weight is the smaller of your bag at the start and at the end of the hour. Buying mid-hour or selling during it counts only what you held all hour.
- Min bag 0.01% of supply
Smaller bags sit out that hour. The creator, the curve, the pool, the vault and the treasury never count.
- No claim button
Credits add up per wallet. Every hour, wallets at 0.001 SOL or more are paid in SOL, in batches with a public memo.
Sample numbers. Funding to holders depends on traders and can be zero.
A wick won't liquidate you.
- Mark = 5 minute TWAP
Spot is sampled every 15 s from the bonding curve, or the PumpSwap pool after graduation.
- 3% clamp per sample
One sample can move at most 3% from the one before. A one-block wick barely moves the mark.
- Guard at 15%
If spot and the mark drift more than 15% apart, opens pause until they are back within 5%.
- Liquidations at the mark
Positions are liquidated at 10% maintenance margin on the mark, never on a wick.
- Buyback + burnbuys the coin back and burns it50%
- Perp vault (LPs)grows the vault's NAV30%
- FUNDEDplatform20%
The crowded side pays every hour and 90% goes to wallets that held through it. No staking, no claim: SOL lands in the wallet.
1x to 3x, a clamped TWAP mark, 2% of the vault per position, 25% per side, 10% skew, a profit cap, ADL and an insurance fund.
Half of every trading fee buys the coin back on the curve or pool and burns exactly what it bought. On chain, with memos.
Shorts pile in, holders get paid: 30 seconds.
How do holders get paid?+
Every hour the crowded side of the coin's perp market pays funding. 90% of it is split between wallets that held at least 0.01% of the supply through the whole hour, pro-rata by bag, and sent in SOL automatically once a wallet's credits reach 0.001 SOL.
Do I need to stake, lock or claim?+
No. Hold the coin in your wallet. The keeper reads every wallet's bag at each hour boundary and pays wallets directly. Selling or moving the bag only means the next hour counts less.
Is it a yield?+
No. Funding only exists while traders keep one side crowded. It changes every hour, it can be zero for long stretches, and nothing here promises any income or price.
Who is on the other side of a trade?+
The coin's perp vault, a pooled SOL vault per coin seeded by 60% of the coin's creator fees and by LPs. When traders win, the vault pays; when they lose, the vault keeps the margin.
Why can't a big buy liquidate a trader?+
Prices use the mark: a 5 minute time-weighted average of spot samples, each clamped to within 3% of the one before. Liquidations happen on the mark, not on the last trade.
Who can trade?+
Not US persons and nobody in sanctioned or restricted regions; the app blocks those regions and asks everyone else for a one-time attestation. Perpetual futures are high risk. You can lose your entire margin.
Let the shorts fund your holders.
Launch on pump.fun through FUNDED. Your coin gets a perp market from minute one, and its funding goes to the people holding it.
Perpetual futures are high risk. You can lose your entire margin.