Robinhood Testnet

anyperp.fun · testnet

Any token.
A perp.
Today.

AnyPerp is where unlisted tokens get real perps - long, short, leverage - without waiting for an exchange listing. Anyone can create a market. Trading only unlocks when price, liquidity, and risk checks clear.

Robinhood Chain testnetIsolated risk per marketOnchain activation gates
Trading chart with three validated isolated market vault cards
ISOLATED MARKETS One market breaks - the others keep trading.
LONGTOKEN-PERP
PREVIEW
$0.26UNREALIZED
ENTRY$1.284
MARK$1.290
SIZE42.5 · 3.2x
VALUE$0.99
ASK PRICE$2.52
isolated · 0x7AE...DB2A
YOUR MARKETReady to activate
T
BASE TOKENAny supported ERC-20
Experimental
ISOLATED MARKET
LP VAULTThis market only
INSURANCEFirst line of defense
OPEN INTERESTHard capped
LEVERAGETier limited
Create in minutesTrade when it's safeRisk stays isolatedRules live onchain

Why AnyPerp exists

The token is live.
The perp isn't. That's broken.

New coins move in hours. Listings take weeks - if they happen at all. You shouldn't need a board meeting to long or short something that already trades onchain.

01

Spot only goes one way

You can buy the token. You can't short it. You can't size up with leverage when conviction is high.

02

Gatekeepers own the timeline

Someone else decides if your token is "big enough" for a perp. By then, the move is over.

03

Shared pools punish everyone

One thin market blows up - and LPs in totally different markets pay the price. Isolated vaults fix that.

How it works

Create free and open.
Go live when you earn it.

No forms for permission. Just a token, a price route, and capital. The contracts decide when trading is safe enough to open.

01

Drop in the token

Paste the contract address, pick collateral, set your risk tier, and post a creator bond.

02

Prove the price is real

Feeds must be fresh, agree with each other, and sit on enough depth and history.

03

Fund this market only

Seed LP + insurance for this vault alone. Capital never pools across markets.

04

Long and short go live

Trade opens with clear caps on leverage, size, open interest, and skew.

Built for wild tokens

Every market is its own island.

Its own LP vault. Its own margin. Its own insurance. Its own kill switch. If one market melts down, it cannot silently drain the rest.

  • Fills start from real spot prices, then nudge with skew
  • Liquidations close only what they need - when they can
  • Sick markets go reduce-only, pause, or settle cleanly
  • Losses hit this market's insurance before any capped backstop
Isolated market lane architecture
Hard boundaryNo cross-market drain
TOKEN A-PERP
MarginLP vaultInsurance
Isolated
TOKEN B-PERP
MarginLP vaultInsurance
Isolated
TOKEN C-PERP
MarginLP vaultInsurance
Isolated

Open creation. Locked trading.

A weak market can draft.
It can't fake being live.

If price or health fails, new risk freezes. Guardians can pause - they cannot grab funds or crank leverage.

Stale price feed

No new positions. You can still reduce risk when a safe price is available.

Thin spot liquidity

Exposure shrinks. The market can flip to reduce-only until depth returns.

Vault maxed out

Trades and withdrawals that make imbalance worse get blocked.

Position underwater

Your margin → this market's insurance → capped backstop → ADL.

Testnet, not mainnet

Check the contracts yourself.

Contracts are live on Robinhood Chain testnet. Unaudited prototype — don't send real funds. Open the factory on the explorer and verify bytecode yourself.

MARKET FACTORY0xd1e1...a52d
NETWORKRobinhood Testnet · 46630
View on explorer

anyperp.fun

Any token. A perp.
Make the market.