The Open Perp
The Open Perp

Decentralized perps on TON, with an AI that trades your way.

Up to 25× leverage. USDC collateral. vAMM pricing. On-chain funding. Talk to the assistant in plain English, or deploy autonomous agents with hard, on-chain caps and a kill switch.

20+ marketsPyth oracleFoundry-auditedDemo · $10,000 USDC
Mark
$5.39
24h
-0.48%
Funding APR
+8.20%
Open interest cap
$5,000,000
Insurance fund
$1,842,350
TON-PERP · simulated price
Pyth feed (sim)
Trade
TON-PERP
Balance: $10,000.00
USDC
5x
1x5x10x15x25x
% on margin
% on margin
Entry price$5.39
Position size463.4664 TON · $2,500.00
Liquidation @$4.42
Open fee (6 bps)$1.50
Funding / hour$0.02 (longs pay)
Funding APR+8.200%
Order book
vAMM-derived
PriceSizeTotal
5.402,557.05626,985.914
5.402,648.37924,428.858
5.402,746.46721,780.479
5.402,852.10119,034.012
5.402,966.18516,181.911
5.403,089.77613,215.726
5.403,224.11410,125.950
5.403,370.6646,901.836
5.403,531.1723,531.172
$5.39spread 18.5bps
5.393,531.1723,531.172
5.393,370.6646,901.836
5.393,224.11410,125.950
5.393,089.77613,215.726
5.392,966.18516,181.911
5.392,852.10119,034.012
5.392,746.46721,780.479
5.392,648.37924,428.858
5.382,557.05626,985.914
Positions
Mark price updates every ~500ms
MarketSideSizeCollateralEntryMarkLiq.PnLSL/TPOpened
No open positions. Place a trade or ask the AI assistant.