PerpsHook
FEED

Give the coin a trade

Four things are written into the vault when it is created and none of them can be changed afterwards: the market, the side, the leverage, and how much of the swap fee goes to the position. Everything else is the usual token metadata.

The coin

The market

Only the markets the venue's oracle can price right now can be launched against. The rest carry a price so you can watch them, and the factory would refuse them.

The position

SideThe vault only ever adds to this side.

This signs one transaction on Robinhood Chain. It mints the supply, deploys the vault and initialises the pool. It does not put liquidity in the pool, and until someone does there is nothing to swap against.