How it works
Backed by perps. Powered by fees.
Your coin earns creator fees on every trade. Depth turns those fees into leveraged positions on Lighter, and turns the profits back into your token. Every claim, trade and buyback is verifiable on Robinhood Chain.
01
The loop
One fee, followed the whole way through. Select a station to read what happens there.
Ribbon thickness is the share of each fee. Switch preset to rebalance it, or select a station to read what happens there.
Start with a coin
Select any stationLaunch through Depth and the Pons transaction itself points your coin's creator fee at a strategy account that belongs to the coin — there is nothing to wire up afterwards. Every trade on your curve pays into it. The account is a contract with the terms you picked at launch baked in, so holders can read exactly what your coin will do before they buy.
The engine batches: it waits for 0.01 ETH of claimable fees, leaves 10 minutes between claims, and needs 0.05 ETH before a deposit is worth making. A quiet coin can sit a while before its first buyback — the amounts are accumulating, not lost.
02
What can go wrong
Leverage cuts both ways. This is how far price has to move against a position before it is liquidated, and how far the reserve pushes that out.
20% reserve behind 75% margin — a 27% buffer.
| Leverage | Move to liquidation | With reserve ladder | |
|---|---|---|---|
| 2× | 50.0% | 63.3% | |
| 5× | 20.0% | 25.3% | |
| 10× | 10.0% | 12.7% | |
| 20× | 5.0% | 6.3% | |
| 25× | 4.0% | 5.1% |
Simplified: this shows the adverse price move needed to liquidate a position before and after the reserve ladder deploys. It excludes fees, funding and the added size each step carries. A stop-loss rests on Lighter just inside the liquidation price, so the worst case is a deep stop-out that recovers some capital rather than a liquidation that recovers none — but a fast gap can blow through a stop, and everything deployed can be lost.
03
Costs and waiting
The engine batches, because moving small amounts costs more than it moves. A quiet coin can sit a while before its first buyback.
Deployed capital also pays the market's own costs, which no strategy avoids: Lighter trading fees, funding on every open position, Robinhood Chain gas and swap slippage on each buyback.
Funding is the one to watch. It is charged continuously on an open position and can erode collateral even when price has not moved against you.
These are current platform settings, not constants. The deposit minimum in particular derives from your coin's legs, so every position clears the order minimum — several small legs need more than 0.05 ETH. Buybacks land as randomized slices over hours rather than one visible sweep.
04
Questions
Yes. Once you launch, the engine claims fees, splits them, buys your token back, posts margin on Lighter, defends positions as price moves against them and harvests winners on a loop. You never place a trade yourself.
Ready to put your fees to work?
Launch a coin and configure its strategy in under a minute.
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