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LOSETOEARN.

The first perp DEX built for degens who lose.
Trade. Lose. Earn $PUNCH. Stake for real yield.

Launch App →Read the Docs
--.--
$PUNCH PRICE
$0.00
KLP TVL
$0.00
24H VOLUME
0
LOSERS REWARDED
LOSE-TO-EARN★FAIR LAUNCH★NO TEAM SUPPLY★ZERO VC★50% FEES TO LPs★REAL YIELD IN STABLES★FIRST CONSUMER PERP DEX★LIQUIDATIONS PAY THE MOST★200M LOSS-REBATE LIFETIME CAP★LAYERZERO OFT. MULTICHAIN FROM DAY 1★DEPLOYED ON FLOW EVM★LOSE-TO-EARN★FAIR LAUNCH★NO TEAM SUPPLY★ZERO VC★50% FEES TO LPs★REAL YIELD IN STABLES★FIRST CONSUMER PERP DEX★LIQUIDATIONS PAY THE MOST★200M LOSS-REBATE LIFETIME CAP★LAYERZERO OFT. MULTICHAIN FROM DAY 1★DEPLOYED ON FLOW EVM★

THE MORE YOU LOSE,
THE MORE YOU EARN.

*It’s not a typo.*

STANDARD.

Win a trade, earn baseline PUNCH emissions. Pile up volume. Stack the bag. Boring? Yeah. But there's a reason it works.

WAIT WHAT

TRIPLE.

Lose a trade and trade-to-earn triples. Plus a separate loss rebate worth 5–15% of your loss in PUNCH, vested 30 days. Your collateral funded the pool. The pool pays you back twice.

QUINTUPLE.

Liquidations pay the most: 5x trade-to-earn and the loss rebate on top. The worse your day, the bigger your bag. The only perp DEX where getting rekt has rewards.

THIS ISN’T CHARITY.
IT’S MATH.

*Loss-rebate emissions cap at 200M PUNCH lifetime, 20% of total supply. Per-epoch caps. Per-trader caps. The mechanism turns off at the cap.*

THE FLYWHEEL THAT FEEDS ITSELF.

Volume creates fees. Fees create yield. Yield creates demand. Demand creates more volume. Every spin is louder than the last.

*Losers stack PUNCH. sPUNCH stakers get paid in fee tokens. Real yield, not emissions.*

THE FAIR LAUNCH MANIFESTO.

0% TEAM. 0% VC. 100% EARNED.

0%
TEAM SUPPLY
*0% team. 0% VC. 0% pre-mine.*
0B
HARD CAP
*Forever. No inflation.*
0%
COMMUNITY EMISSIONS
*Earned by traders, LPs, losers, stakers.*
0
CONSUMER CHAINS
*Flow → Abstract → Ape → Ronin*
0M
LOCKED POL
*4yr lock. Fees fund ops.*
50/30/20
FEE SPLIT
*LPs / Treasury / sPUNCH stakers.*

FROM FLOW TO EVERY CHAIN WHERE LOSERS LIVE.

LIVE

FLOW EVM

First perp DEX on Flow. PYUSD0, WFLOW, WBTC, WETH.

PHASE 1
PHASE 2

ABSTRACT

ETH, PENGU, WBTC perps. Pudgy ecosystem.

PHASE 3

APECHAIN

APE, ETH, WBTC perps. Yuga ecosystem. Home of NFT-native traders.

PHASE 4

RONIN

RON, AXS, ETH perps. Built for the gaming chain.

*More chains coming. The consumer perp layer expands wherever consumer crypto lives.*