PUNCH DOCS

THE PERP DEX THAT PAYS YOU WHEN YOU LOSE.

Punch is a perp protocol built around two new ideas. One: lose-to-earn, deterministic PUNCH emissions per dollar of volume, weighted 1x on wins, 3x on losses, 5x on liquidations. Two: onchain memes go perp, where seasoned froth.meme graduates earn their own capped leveraged markets. Live on Flow EVM. Robinhood Chain next.

WHAT IS PUNCH?

Every perp DEX pays winners. Punch also pays the other 90%. Trading on Punch earns PUNCH emissions on every dollar of volume, and the multiplier goes up when the trade goes down. Win and earn at 1x. Lose and earn at 3x. Get liquidated and earn at 5x. The payout never exceeds the fees and losses that produced it: emissions are deterministic, bracketed by local pool TVL, and capped per epoch and per lifetime.

Under the hood it is a GMX v1 fork: an oracle-priced vault (KLP) takes the other side of every trade, traders post collateral against it, and fees stream back to the people providing the liquidity.

THE PRODUCT MAP

THE PERP DEX

Long or short majors with leverage. Oracle pricing, no order-book slippage games. Live on Flow EVM today.

KLP

The liquidity pool that takes the other side. One per chain, each with its own basket. LPs earn 50% of that chain's fees, paid in the pool's own tokens.

PUNCH

The protocol token. 1B hard cap, no inflation, LayerZero OFT. Earned by trading, losing, and providing liquidity.

THE PIPELINE

froth.meme launch, FrothSwap depth, a published seasoning gate, then a capped perp market on Robinhood Chain. Onchain memes earn their leverage.

WHERE PUNCH LIVES

LIVE

FLOW EVM (CHAIN ID 747)

The validation deployment. PYUSD0, WFLOW, WBTC, WETH markets at up to 50x. Every contract address is published in Chains & Contracts.

ROBINHOOD CHAIN (CHAIN ID 4663)

The growth deployment. Its own KLP majors pool (ETH, BTC, and stables, a different basket than Flow's) plus a fully separate degen vault (dKLP) for graduated froth.meme tokens. Not yet deployed. The full design is in Architecture.

READ THE DOCS

TRADING

Markets, leverage, fees, oracle parameters, and how orders execute on Punch.

LOSE-TO-EARN

Trade-to-earn emissions: 1x on wins, 3x on losses, 5x on liquidations. Deterministic, capped, and bounded by pool TVL.

KLP LIQUIDITY

The KLP pool: composition, minting and burning, the 50% fee share, and the risks LPs take.

PUNCH TOKEN

PUNCH supply map, the PUNCH20 voucher, sPUNCH staking fee share, and the LayerZero OFT standard.

CHAINS & CONTRACTS

Flow EVM contract addresses, token config, and oracle parameters. Robinhood Chain status.

ARCHITECTURE

The Robinhood Chain design: dual vaults, synthetic degen markets, the froth.meme pipeline, and the oracle stack.

ROADMAP

What is live, what ships next, and which parameters are still to be published.

RISK & DISCLOSURES

Trading risk, LP risk, oracle and execution path, and access restrictions.