Launch a coin with its own leveraged portfolio
Pick up to six stock or crypto markets. Trading fees become margin, the portfolio trades perps on Lighter, and profits buy back and burn your coin.
A flywheel that burns supply
Trading activity funds the portfolio, and the portfolio's profits shrink the supply.
Launch
Pick up to six markets and a 1–5% fee. Your coin goes live in a Uniswap v4 pool paired with ETH. No ETH needed, liquidity locked forever.
Fund
Every buy and sell pays the fee in ETH. 60% becomes margin on Lighter, on the same chain with no bridges; 40% goes to the platform.
Trade
The keeper opens the basket's perps at your weights and leverage, rebalances, and takes partial profits.
Burn
75% of realized profit comes back as ETH, buys the coin in the pool, and burns it. Supply only goes down.
Any mix of stocks and crypto, long or short
Build from 50+ Lighter perpetuals, from SPY and NVDA to BTC, gold and oil. Set each weight and 1–10x leverage. Once the coin launches, its basket is stored on-chain and can't be changed.
- Up to 6 markets per coin
- Long or short on every leg
- Its own Lighter sub-account, rebalanced automatically
Launched on Stakd
Good to know
Where does the margin come from?
From trading fees. Every buy and sell pays the coin's fee (0.5–5%) in ETH through a Uniswap v4 hook. 60% is swapped to USDG and deposited into Lighter as the coin's trading margin, and 40% goes to the platform.
Who places the trades?
A keeper bot run by the operator. It opens each leg at equity × weight × leverage in the coin's own Lighter sub-account, rebalances when positions drift, and takes partial profits.
What stops the keeper from taking the ETH?
The treasury contract. Margin can only be swapped to USDG and deposited into Lighter, fee shares can only go to the creator and the platform, and returned profit can only buy back and burn the coin. Positions on Lighter do rely on trusting the operator.
What happens if the portfolio loses?
Leveraged perps can lose margin or be liquidated. Burns only happen from realized profit above the high-water mark, so there are no buybacks while the portfolio is below its previous high.
Do I need ETH to launch a coin?
No. The whole 1B supply goes into a Uniswap v4 pool as single-sided liquidity starting at a ~$5k market cap, locked forever. Buyers' ETH fills the pool as they trade. You only pay gas.
Why can stock legs sit idle?
Lighter's equity perps trade 24/5. Outside market hours the keeper waits and opens or rebalances those legs once trading resumes.
Your basket. Your coin.
Launch in a minute. Fees start funding the portfolio from the very first trade.
Launch a coin →