Diagram: an order passes four steps, order, risk check, execution and receipt.
Order route
Order, risk check, execution, receipt. Each step leaves a record you can look up afterwards.
Trade perpetuals with clear risk, transparent fees, and execution you can verify.
Signed in your browser, executed by the Lighter domain on Robinhood Chain.
Network status
01Supported markets
Two core markets, priced by the venue itself.
ConaPerps starts with BTC and ETH. Prices, funding, leverage limits and open interest are read from the venue's public registry and refresh every ten seconds.
BTC-PERP
Bitcoin
ETH-PERP
Ethereum
More perpetual markets listed by the venue registryExplore Markets
SourceLighter · Robinhood Chain domain, api.rh.lighter.xyz
02Trading workspace
Everything you need to judge a trade, on one screen.
TradeBTC-PERPLive preview — real venue data and the terminal's own arithmetic. Read-only: connect a wallet in the app to trade.BTC-PERPCore
Price · 1h candles · last 60 hours
Order book
Latest public fills
not yours
SourceLighter · Robinhood Chain domain, api.rh.lighter.xyz
Market header, chart, order ticket, book and fills sit together. Type a size: the ticket prices it against the live book with the terminal's own arithmetic, margin, fee and an estimated liquidation price included, before anything is signed.
What it shows
- Live BTC mark, index and funding
- The last 60 hours in 1h candles
- A working ticket, read-only
- The top 5 book levels and the latest public fills
03Order to receipt
Every step of an order leaves something you can check.
Before you sign, the order is checked against the market's live limits. The venue's sequencer matches it, and the receipt carries the transaction hash and order id you can look up afterwards.
Diagrams explain the path; the terminal and receipt cards show real venue transactions
Diagram: an order ticket passes a list of checks before reaching the margin requirement.
Risk check
Size, margin and price band are checked against the market's live limits before anything is signed.
Waiting for the next public fill from the venue’s trade feed.
A real venue transaction
The newest public BTC fill, read from the venue's trade feed and checked against its transaction record. Not yours.
Receipt of a real public transaction
BTC-PERP · venue trade feed
Receipts
The same transaction as a receipt, its status re-read from the venue every 10 s as it moves from executed to packed, committed and verified. Your own transactions are kept on Activity.
04Margin, funding and fees
The risk parameters, as the venue sets them.
Risk parametersBTC-PERP · ETH-PERP · read from the venue
| Parameter | BTC-PERP | ETH-PERP |
|---|---|---|
| Max leverage | ||
| Min initial margin | ||
| Maintenance margin | ||
| Close-out margin | ||
| Taker fee | ||
| Maker fee | ||
| Liquidation fee | ||
| Funding settles | ||
| Funding now / 1h | ||
| Minimum order |
Taker and maker fees are read live from the venue for every market.
SourceLighter · Robinhood Chain domain, api.rh.lighter.xyz
Leverage limits, margin thresholds, fees and funding are read from the venue for each market, never typed into the page. When the venue changes them, this table changes with it.
What it shows
- Maximum leverage per market
- Initial, maintenance and close-out margin
- Taker, maker and liquidation fees
- Funding rate and how often it settles
- Minimum order size
Funding
Funding moves between longs and shorts every hour while a position is open. The rate shown here is the hourly rate the venue charges, not an eight-hour equivalent; when it is positive, longs pay.
Mark price
Margin is measured against the mark price, not the last trade: the median of the venue's impact price, the index plus a capped premium, and the median of external exchange marks. Index prices come from Chainlink, Stork and Pyth.
Liquidation
Between maintenance and initial margin, only size-reducing actions are accepted. Below maintenance, open orders are cancelled and the venue reduces the position with immediate-or-cancel orders, charging a liquidation fee of up to its published maximum to its liquidity pool (LLP). Below close-out, the LLP takes the position over and anything it cannot absorb is auto-deleveraged.
05Privacy
Privacy, stated plainly.
Perpetual venues are public by design. This is exactly what anyone can see on this venue today, and ConaPerps does not pretend otherwise.
Current availability
Private submission: not available
Orders go to the venue as signed transactions, in the open. The points listed here describe the venue as it works today, not a plan.
- 01
Orders are sent to the venue sequencer as signed transactions and rest in a public order book keyed by account index.
- 02
Executed trades are public: price, size, time and both account indexes appear in the public trade feed.
- 03
Account collateral and open positions are readable by anyone who knows the L1 address (the venue account API is public).
- 04
No encrypted-order, commit–reveal or private mempool path exists on this venue. ConaPerps does not simulate one.
06 — Token
$CONAPERPS.
$CONAPERPS is ConaPerps’ token on Robinhood Chain. Its contract address is published in exactly one place: this section, after the contract has been read on chain. An address claimed anywhere else is not ours.
@ConaPerpsContract address
07Questions
Questions, answered precisely.
Short, specific answers. The docs go further on every point.
What is ConaPerps?
An interface for trading perpetual futures on Robinhood Chain. ConaPerps does not run an order book and does not hold your funds: orders are executed by the Lighter domain on Robinhood Chain, a dedicated Lighter instance with its own contracts, sequencer and liquidity.
Which markets can I trade?
BTC and ETH to start. Every other market comes from the venue's registry, with ids, decimals, minimums and margins read live. See them all on Markets.
What collateral do I need?
USDG, a token with 6 decimals on Robinhood Chain (0x5fc5…d168), deposited into the venue contract 0x94bA…fF9d. Your venue account is created by your first deposit.
How are my orders signed?
ConaPerps creates an API key in your browser and registers it to your own venue account with a single wallet signature. Orders are then signed locally by the official Lighter WASM signer, pinned to commit 9d38261 and checked against its SHA-256 hash (5372ac1d…) when it loads.
Are my orders private?
No. Orders rest in a public order book, executed trades are public, and account balances and positions are readable by address. Private submission is not available on this venue; the privacy section lists exactly what is visible.
What does trading cost?
Fees are read live from the venue. A liquidation fee of up to the venue’s published maximum applies when a position is liquidated, and funding is exchanged hourly between longs and shorts.
How do I verify a trade?
Every order returns a venue transaction hash and an order id. The Activity page keeps them with links to the venue's transaction status; deposits and withdrawals link to their Robinhood Chain receipts on Blockscout. The order-to-receipt section above runs the same check on a real public BTC fill: its venue transaction hash, looked up on the venue, with the status the venue reports.
Is this live trading?
Yes, when the status block at the top of this page says Execution: Enabled; orders are then signed and sent to the venue for real. When it says Read-only, market data, balances and calculators still work and nothing is sent. This deployment is built read-only. The workspace preview on this page is read-only either way: live venue data and the terminal's own arithmetic, with nothing signed or sent from it.
Is there a $CONAPERPS token?
$CONAPERPS is ConaPerps' token on Robinhood Chain. Reading its status…
Your position. Your edge.
Trade perpetuals with clear risk, transparent fees, and execution you can verify.