Skip to main content
Priest.trade lets you launch a coin on Monad with an instant perpetuals market from day one, or list an existing coin without having to launch from scratch.

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?

  1. Earn from trading volume: Creators earn up to 50% of all trading fees generated by their perp market.
  2. Shorting enabled: Your community can hedge spot holdings or profit during downturns without waiting for CEX listings.
  3. No team pre-mine rugs: 100% of the token supply is minted directly into the engine at launch. The creator gets zero free tokens.
  4. Permanent spot liquidity: Graduation permanently locks seed liquidity on Uniswap v4 by burning the LP position NFT to 0x...dEaD.

See also