PONSHI: matched perpetuals

Take synthetic LONG or SHORT exposure to eligible PONS, Pump.fun and StonkFun tokens without buying the underlying token. Live positions settle through smart contracts on Robinhood Chain with ETH margin. Paper Mode simulates trading.

PONSHI is an independent protocol. Not affiliated with Robinhood Markets, Inc. Network names identify the chains and data sources used; they do not imply endorsement.

How it works

  1. Browse markets and review price readiness, leverage and available liquidity.
  2. Choose Paper Mode or Live Mode. Connecting a wallet is optional for reading these pages.
  3. A login signature proves wallet ownership; it is not a transfer. Live order, cancellation, staking and settlement transactions can move funds and require wallet approval.
  4. Orders need compatible opposite exposure to fill. Unfilled margin remains reserved until the order is filled or cancelled.
  5. Oracle prices and risk checks govern execution and settlement. Leverage can lead to liquidation and loss of your margin.

Risks

This is experimental software. You can lose all committed funds. Liquidity, fills, timely withdrawals, prices and service availability are not guaranteed. Smart contracts, oracles, RPC providers, matching services and keepers can fail. Insurance resources are finite. USD amounts are estimates converted into ETH; exchange rates and fees may change.

Never provide a seed phrase or private key. Read each wallet message and transaction, verify the network and contract destination, and keep ETH for gas. A listed token or external link is not an endorsement.

Official links

The public API is at api.ponshi.fun. Verify contract addresses using the app deployment information and explorer before signing a transaction.