What is openperps-launchpad?

OpenPerps Launchpad is a platform for launching a new cryptocurrency token on the Solana blockchain, where the token comes with margin trading built in from the very first moment it exists. When someone creates a coin, a portion of the total supply is placed on what the project calls a fair bonding curve, a pricing mechanism where the price automatically goes up as people buy the token and goes down as people sell it. Anyone can trade against this curve directly, without waiting for the coin to be listed on an exchange. The remaining portion of the coin's supply is used to set up a perpetual futures market for that same token, collateralized in the token itself, so traders can open long or short margin positions right away, alongside the regular buying and selling on the curve. Creators who launch a coin can set a trading fee of up to two percent, which builds up as people trade and can be claimed by the creator at any time. Once the bonding curve raises enough funds, it locks and hands over the raised funds and any leftover token supply to a separate liquidity pool, a step the project calls graduation. The project is made up of two parts: an on-chain program written in Rust that runs the bonding curve logic on Solana, and a web application built with React and TypeScript that lets people launch coins, trade, open margin positions, and manage the fees they have earned as creators. The web app also shows live price charts, a list of current holders, a feed of recent trades, and a page for browsing and searching coins that have been launched on the platform. To run the web client locally, a person installs its dependencies and starts a development server. Building the on-chain program requires the standard Solana build toolchain. The project is released under the MIT license.