# Priest.trade - [Welcome to Priest.trade](https://docs.priest.trade/index.md): Priest.trade is the perpetuals launchpad on Monad. Conviction, leveraged. - [What is Priest.trade](https://docs.priest.trade/getting-started/what-is-priest-trade.md): Priest.trade is a perpetuals launchpad and trading exchange built for Monad. Conviction, leveraged. - [Quickstart](https://docs.priest.trade/getting-started/quickstart.md): Get trading on Priest.trade in less than 5 minutes. This walkthrough guides you through connecting your wallet, acquiring test or mainnet... - [Connecting Your Wallet](https://docs.priest.trade/getting-started/connecting-your-wallet.md): Priest.trade is built as an EVM application on the Monad network. You do not need a Solana wallet. You can connect using any standard EVM... - [Funding Your Account](https://docs.priest.trade/getting-started/funding-your-account.md): To interact with Priest.trade, your wallet requires two primary assets: - [Faucet & Testnet](https://docs.priest.trade/getting-started/faucet-and-testnet.md): Priest.trade maintains a fully functional testnet deployment on Monad Testnet (Chain ID: 10143). This environment mirrors the mainnet per... - [Supported Networks & Tokens](https://docs.priest.trade/getting-started/supported-networks.md): Priest.trade is purpose-built as an EVM application on the Monad network. - [The vAMM Primary Market](https://docs.priest.trade/core-concepts/vamm-explained.md): Every newly launched coin on Priest.trade starts on the primary rail, powered by a virtual Automated Market Maker (vAMM). - [The Secondary Market Engine](https://docs.priest.trade/core-concepts/secondary-market-engine.md): Once a market graduates — or when an existing Monad coin is listed — it moves off the internal virtual curve onto the secondary engine. - [Market Lifecycle](https://docs.priest.trade/core-concepts/market-lifecycle.md): Every market on Priest.trade moves through a clear set of stages, managed directly by the smart contract. - [Leverage & Margin](https://docs.priest.trade/core-concepts/leverage-and-margin.md): Leverage lets you control a larger position than the dollar amount you deposit. This page explains how leverage, initial margin, and main... - [Funding Rates](https://docs.priest.trade/core-concepts/funding-rates.md): Funding rates are regular payments exchanged between traders to keep the perp contract price in line with the spot price. - [Liquidations](https://docs.priest.trade/core-concepts/liquidations.md): A liquidation happens when a position runs out of margin. If your losses get too close to your deposited collateral, the protocol closes ... - [Insurance Fund](https://docs.priest.trade/core-concepts/insurance-fund.md): The insurance fund is an on-chain safety reserve. Its job is to absorb losses when a liquidated position falls below zero equity before i... - [Circuit Breakers](https://docs.priest.trade/core-concepts/circuit-breakers.md): Circuit breakers are automatic controls that tighten risk settings when markets get wild. They sit in the background during normal tradin... - [Oracle & Reference Pricing](https://docs.priest.trade/core-concepts/oracles.md): Every perpetual market needs a reference price to calculate funding rates and decide when a position is up for liquidation. Here is how P... - [Trading Terminal Tour](https://docs.priest.trade/trading/trading-terminal.md): The Priest.trade trading terminal is built for fast execution and clear risk management on Monad. - [Placing Orders](https://docs.priest.trade/trading/placing-orders.md): Placing a trade on Priest.trade is straightforward, non-custodial, and executes directly on Monad. - [Order Types](https://docs.priest.trade/trading/order-types.md): Priest.trade supports a comprehensive suite of order types native to PerpesEngine.sol: - [Managing Positions](https://docs.priest.trade/trading/managing-positions.md): Once you have opened a perpetual futures position on Priest.trade, managing your risk and profits is handled directly from the Positions ... - [Take Profit & Stop Loss](https://docs.priest.trade/trading/tp-sl-orders.md): Priest.trade features native on-chain Take Profit (TP) and Stop Loss (SL) triggers, allowing you to lock in gains and protect downside ri... - [Reading the Chart](https://docs.priest.trade/trading/reading-the-chart.md): The Priest.trade chart interface provides real-time visualization of price action, virtual curve movements, and external spot feeds. - [Fees](https://docs.priest.trade/trading/fees.md): Priest.trade features a low, transparent fee schedule that rewards liquidity makers and provides generous monetization for token creators... - [Slippage & Execution](https://docs.priest.trade/trading/slippage-and-execution.md): Understanding price impact and execution parameters ensures that your trades execute as expected without unnecessary loss. - [Portfolio & Trade History](https://docs.priest.trade/trading/portfolio.md): The Portfolio dashboard provides comprehensive accounting of your trading performance, active capital allocations, and historical transac... - [Launchpad Overview](https://docs.priest.trade/launching-tokens/launchpad-overview.md): 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 l... - [Launching a Token](https://docs.priest.trade/launching-tokens/launching-a-token.md): Launching a token on Priest.trade takes less than 2 minutes and requires zero coding knowledge. - [Permissionless Listings](https://docs.priest.trade/launching-tokens/listing-tokens.md): On Priest.trade, you can open a perpetuals market on any existing token on Monad, even if it was not launched through our platform. - [Fair-Launch Protections](https://docs.priest.trade/launching-tokens/fair-launch-protections.md): Priest.trade enforces programmatic, contract-level protections to ensure all token launches are completely fair, transparent, and immune ... - [Creator Dashboard](https://docs.priest.trade/launching-tokens/creator-dashboard.md): The Creator Dashboard is the central command center for token founders, community managers, and market listers. - [Creator Earnings](https://docs.priest.trade/launching-tokens/creator-earnings.md): Priest.trade offers the most rewarding fee-sharing model in decentralized perpetuals, sharing up to 50% of protocol trading fees with tok... - [Graduation into Uniswap v4](https://docs.priest.trade/launching-tokens/graduation.md): Graduation is the moment a market transitions from a virtual AMM into a real, permanent spot pool on Uniswap v4, with the perpetual marke... - [Counterflow Overview](https://docs.priest.trade/vaults/counterflow-vault.md): The Counterflow Vault is Priest.trade's automated liquidity vault. It lets passive liquidity providers deposit USDC to back graduated per... - [Depositing & Withdrawing cfUSDC](https://docs.priest.trade/vaults/depositing-and-withdrawing.md): Depositing and redeeming from the Counterflow Vault is managed via the Vault page on Priest.trade. - [NAV, Yield & Profit Unlocking](https://docs.priest.trade/vaults/nav-and-yield.md): Accounting in CounterflowVault.sol is designed to be cash-based, conservative, and resistant to front-running. - [Risk Controls & Exposure Caps](https://docs.priest.trade/vaults/risk-controls.md): Counterflow uses clear rules to make sure a single wild market cannot drain the liquidity pool. - [Rewards Overview](https://docs.priest.trade/rewards-and-referrals/rewards-overview.md): Priest.trade features a comprehensive community rewards system designed to recognize and incentivize active trading, liquidity provision,... - [Epochs & Points](https://docs.priest.trade/rewards-and-referrals/epochs-and-points.md): The Priest.trade points engine runs on a time-sliced Epoch system, ensuring a fair, continuous playing field for all participants. - [Claiming Rewards](https://docs.priest.trade/rewards-and-referrals/claiming-rewards.md): When a reward epoch concludes, eligible participants can claim their rewards through the Priest.trade rewards interface. - [Anti-Wash & Anti-Sybil](https://docs.priest.trade/rewards-and-referrals/anti-wash-and-sybil.md): The rewards program is only fair if genuine market participation is rewarded and artificial volume is filtered out. Priest.trade enforces... - [Referrals](https://docs.priest.trade/rewards-and-referrals/referrals.md): The Priest.trade referral program allows traders and influencers to earn continuous cash flow by introducing new traders to the platform. - [Leaderboard](https://docs.priest.trade/rewards-and-referrals/leaderboard.md): The Priest.trade Leaderboard showcases top-performing traders, highest volume contributors, and premier referral leaders across Monad. - [Social Feed](https://docs.priest.trade/social/social-feed.md): Priest.trade is built as a social-first trading venue where market conviction is shared and discussed in real time. - [Priest Room Livestreams](https://docs.priest.trade/social/livestreams.md): Priest.trade integrates native real-time audio and video livestreams directly into the trading terminal, powered by our ultra-low-latency... - [Profiles](https://docs.priest.trade/social/profiles.md): Every connected trader on Priest.trade has a personalized, public on-chain profile. - [Sharing Trades & PnL Cards](https://docs.priest.trade/social/sharing-trades.md): Celebrate winning trades and share your market conviction with customized, high-resolution PnL Share Cards. - [Risk Disclosure](https://docs.priest.trade/safety/risk-disclosure.md): PLEASE READ THIS RISK DISCLOSURE CAREFULLY BEFORE INTERACTING WITH PRIEST.TRADE. - [Wallet Security](https://docs.priest.trade/safety/wallet-security.md): Maintaining robust personal operational security (OpSec) is your primary defense when interacting with decentralized applications on Monad. - [Known Risks & Limits](https://docs.priest.trade/safety/known-risks.md): This page covers known technical limits and edge cases in the protocol so you know exactly how the system behaves under extreme conditions. - [Glossary](https://docs.priest.trade/safety/glossary.md): Simple explanations of the terms used on Priest.trade. - [FAQ](https://docs.priest.trade/support/faq.md): Frequently Asked Questions about Priest.trade, perpetuals trading on Monad, and token launches. - [Troubleshooting](https://docs.priest.trade/support/troubleshooting.md): Common issues and solutions when interacting with Priest.trade on Monad. - [Reporting Bugs](https://docs.priest.trade/support/reporting-bugs.md): Priest.trade takes protocol security and software stability with the highest priority. We welcome responsible disclosures and bug reports... - [Contact](https://docs.priest.trade/support/contact.md): Connect with the Priest.trade core team, community moderators, and fellow traders. - [API Overview](https://docs.priest.trade/developers/api-overview.md): Priest.trade exposes a high-performance REST API running on Cloudflare Edge and dedicated backend clusters for programmatic traders, aggr... - [WebSocket Streams](https://docs.priest.trade/developers/websocket-api.md): For real-time price feeds, order book depth, and instant trade execution updates, Priest.trade provides persistent WebSocket streaming. - [Contracts & Architecture](https://docs.priest.trade/developers/contracts.md): The Priest.trade on-chain architecture is engineered in Solidity (^0.8.28) specifically for the high-throughput Monad EVM. - [Contract Deployments](https://docs.priest.trade/developers/deployments.md): Verified on-chain contract addresses for Priest.trade on Monad Mainnet and Monad Testnet. - [TypeScript & Viem SDK](https://docs.priest.trade/developers/sdk.md): Integrating Priest.trade into trading algorithms, keeper bots, and arbitrage scripts on Monad using TypeScript and viem. 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