How it works? (Power Launch)
Step-by-step guide
Step 1 - Fill out the launch form
| Field | Required |
|---|---|
| Token Name | Yes |
| Ticker | Yes |
| Image | Yes |
| Description and links | Optional |
TIP
That's it. No liquidity to provide. No pool configuration. No market maker setup.
Step 2 - One transaction, two markets live instantly
| Cost | Amount |
|---|---|
| Gas | Standard Solana transaction fee |
| Raydium CLMM | ~0.25 SOL (pool, oracle, tick arrays, position & lock rent) |
| Perps Engine | ~0.03 SOL (token mint, pool state, vaults & position mints rent) |
Step 3 - Markets go live
- Spot: Raydium CLMM with 70% token supply deposited as single-sided liquidity (token only, no SOL pairing required)
- Perps: Perps.club engine v1 with 30% token supply locked as liquidity
IMPORTANT
🔒 All LP is locked permanently.
Step 4 - Done. Your community can now:
- Buy/sell spot on Raydium
- Go long or short on Perps.club
- Hedge positions with Perp markets
Market Performance Scenarios
Volatility Scenarios
High Volatility

Moderate Volatility

Low Volatility

Market Trends
Sharp Rally

Sharp Crash

Bearish Trending

Volatility Regime Changes
Volatility Expansion

Volatility Contraction

Position Ownership
Traditional exchanges
On almost every exchange, your position is an entry in a database. You can't move it, send it, or do anything with it except close it.
Power Launch positions
Power Launch positions are tokens. This means:
- Transfer them across wallets freely
- Use them as collateral in other protocols
- Build on top - sub-protocols, products, and tools can compose on your open position
- Trade the position itself - someone can buy your open position without either party closing anything, without touching the liquidity pool, without impacting the price
Perps Settlement
IMPORTANT
All perps opens, closes, and PnL settle in the underlying token, not SOL.
SOL-denominated settlement
Traders can opt into SOL-denominated settlement through the UI. When enabled, transactions route through both the spot and perps markets. Both fee layers apply (Raydium swap fee + Perps.club trading fee).