Superp
  • Superp-Welcome
  • TRS (Meme Perps)
    • Builders
    • What's TRS?
    • Key features
    • Comparation
    • TRS Mechanism
      • Interest
      • Price
      • Liquidation
      • Risk Management
    • Risk
    • Fee
  • Alpha Perps
    • Overview
    • Comparation
    • How it works?(Core Mechanics)
    • Key features
    • TRS Mechanism
      • Interest
      • Price
      • Liquidation
      • Risk Management
    • Risk
    • Fee
  • PSC (Noliquid Perp)
    • Overview
    • PSC Tutorials
      • Wallet Setup
      • How to Deposit & Withdrawal
      • How to Place a Trade
    • Key Features
    • Get started with PSC
    • PSC Mechanism
      • Mark Price
      • Pricing(Cost)
      • Settlement
      • The Market Maker
      • Trading Fee and Settlement Fee
      • Risk Management: Risk Limits
      • Risk Management: Auto-Deleveraging (ADL)
    • Terms and Definitions
    • Contract Elements
    • FAQS
  • Superp-Airdrop
    • Points System Overview
    • Sugar Mechanism
    • Ice Cream Cart & Level
    • How to use Sugar
    • How to earn Sugar
    • Tap to Level Up
    • Testnet Trading
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  • Community
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  • Activity
    • Sept 4th, 2024 Genesis mining Airdrop
    • Sept 8th, 2024 Binance Live AMA
    • Sept 9th, 2024 Binance Live AMA
    • Sept 11th, 2024 Binance Live AMA
    • Sept 11th, 2024 Genesis Mining II with Catizen
    • Sept 12th, 2024 Twitter Space AMA
    • Sept 13th, 2024 Zealy Campaign
    • Nov 19th, 2024 Level Up Campaign
    • Nov 28th, 2024 Level Up Campaign
    • Dec 10th, 2024 Trading Campaign
    • Dec 12th, 2024 Twitter Space AMA
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    • Jan 13th, 2025 Twitter Space AMA
  • Partners/Investors
    • Pre-Seed Investment
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  1. Alpha Perps

How it works?(Core Mechanics)

  1. Collateral Staking

    • Users stake base tokens (e.g., SOL, ETH, or stablecoins) into selective TRS pools.

    • Staked assets are lent out to enable leveraged long/short positions on meme tokens.

  2. Leveraged Trading

    • Traders open long or short meme token positions against curated pools.

    • TRS logic enables synthetic exposure without directly holding the meme token.

  3. Interest & Yield

    • Lenders earn yield from borrower interest.

    • Interest rates vary dynamically based on real-time utilization, volatility, and collateral quality.

  4. Liquidation Protocol

    • If the net asset value of a position falls below the maintenance margin, liquidation is triggered.

    • Advance version includes an AMM price sanity check to prevent oracle-based liquidation exploits.

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Last updated 7 days ago