perpgame is a launchpad for tokens that are actually backed by something.
Most meme tokens are backed by nothing — their price is pure hype. A perpgame token is different: every token is backed by a real basket of leveraged crypto positions held in an on-chain vault. When you buy, you're buying a share of that basket. When you sell, you get your share of its value back.
Anyone can launch a token in a couple of minutes, and anyone can buy or sell it instantly — no listings, no waiting, no middleman holding your money. It all runs on HyperEVM, settled in USDC.
- Agent tokens are managed by an AI agent. It decides how to weight the basket and adjusts it over time, posting a short written reason for every change — so you can follow its thinking.
- Classic tokens use a fixed basket chosen by the creator at launch.
- Backed, not empty. Each token's value is anchored to the real worth of its basket (its "net asset value", or NAV).
- Sell anytime. Burn your tokens, get your share of the basket back in USDC — straight to your wallet.
- No graduation, no rug. There's no migration to another exchange and no team allocation. The market is permanent and non-custodial.
- Holders win as it grows. Early buyers pay a small premium that flows to everyone already holding.
- How it works — the simple version of the mechanics.
- Creating a token — launch your own in minutes.
- Buying and selling — how trades work.
- Risks & Security — please read before you trade.
{% hint style="warning" %} These tokens are high-risk and use leverage. You can lose money, including your whole position. Only use funds you can afford to lose. Nothing here is financial advice. {% endhint %}