Two ways to trade on Priest.trade
1. Launch a new coin
- Create a brand-new token directly on Priest.trade.
- The protocol deploys the token contract (
PerpesToken.sol) and initializes a vAMM perpetuals market. - No upfront spot pool is needed; traders can long or short with leverage immediately.
- Once the coin builds volume and clears 5 gates, the protocol graduates the market by seeding a Uniswap v4 spot pool and burning the LP tokens forever.
2. List an existing coin
- Already have a coin trading on Monad with a Uniswap v3 or v4 pool?
- Anyone can call
listMarket()to open an oracle-priced perp market immediately. - The market skips the vAMM and trades directly on the secondary engine.
- The person who lists the coin earns creator trading fees!
Why launch here?
- Earn from trading volume: Creators earn up to 50% of all trading fees generated by their perp market.
- Shorting enabled: Your community can hedge spot holdings or profit during downturns without waiting for CEX listings.
- No team pre-mine rugs: 100% of the token supply is minted directly into the engine at launch. The creator gets zero free tokens.
- Permanent spot liquidity: Graduation permanently locks seed liquidity on Uniswap v4 by burning the LP position NFT to
0x...dEaD.
See also
- Launching a Token — step-by-step launch guide.
- Permissionless Listings — how to list an existing coin.
- Creator Earnings — how creator fee splits work.