# PerpPad: Tokens With A Hyperliquid Thesis

PerpPad brings token launch configuration and perpetual-market research into one
workspace. Choose a Hyperliquid market, take a long or short thesis, set leverage
and creator fees, and export the policy behind the token.

The idea is simple: a token should have a readable trading thesis, not just a
ticker. The market, direction, leverage and owner limits should be visible before
execution begins.

## Start With The Market

PerpPad reads native perpetual-market data from Hyperliquid. The directory shows
mark prices, daily changes, volume, open interest and hourly funding. Candlestick
charts provide context beyond the current price.

Search a market, save it, compare it and carry the selected thesis into the
launch configuration. The market cards represent underlying exchange markets,
not fabricated PerpPad launches or project performance.

## Give The Token A Thesis

The launch workspace combines token identity with a specific market, direction,
leverage target and creator-fee rate. A live configuration ticket keeps those
choices readable while the creator works.

The intended launch route uses Pump.fun with the creator-selected HYPE token
on Solana as the quote asset. This is distinct from native HYPE on HyperEVM;
the exact Solana mint matters, not merely its ticker.

Metadata binds the creator, selected quote and strategy commitment. The
transaction-preparation code checks the network, quote eligibility, metadata,
simulation and an owner-selected setup-cost ceiling. Token creation is separate
from a bridge deposit or a perpetual order.

## The Return Path

The proposed execution model is a loop: creator fees contribute to position
margin, and realized net profit can fund token buybacks and burns. Actual
network, conversion, bridge, exchange and funding costs reduce that budget.

The accounting separates open gains from closed profit. A higher account equity
balance is not, by itself, proof of money realized. Buyback budgets must account
for closed fills, fees, funding and prior allocations, with confirmed receipts
for the operations that actually occurred.

## Creator-Owned Execution

The creator controls the Solana wallet, Hyperliquid account and execution
environment. PerpPad does not hold the creator's trading private key or request
a seed phrase.

An exported keeper policy records the public accounts, strategy and owner limits.
The included local observer verifies the token's creator and quote, reads public
account state and writes an observation journal without signing transactions.

The released interface currently provides live market research, configuration
and policy export. Mainnet signing remains disabled in this installation, and
the automatic conversion, bridge and trading loop is still being integrated.

PerpPad is independent of Pump.fun and Hyperliquid. Token ownership does not
confer ownership of a trading account, a guaranteed payment or protection from
trading losses. Leveraged positions can lose collateral.

## Project

Official X: https://x.com/tryperppad

Project token CA: `GQb9PFVXuMRZbSWBpyAZ7ExH7GD8xg8PFnsbM5Pypump`.

Public developer wallet: `FgGF4Z2xob8Rg9GhJbNDUqCzdRoF9Y1SKcnnsb5suWCt`.
The project identity wallet does not replace each creator's fee or trading wallet.