FAQ
What is a perpgame token backed by?
An on-chain treasury containing one supported backing type: HyperEVM leveraged tokens, Robinhood Chain memecoins, or Robinhood Chain tokenized equities. Its NAV is the marked value of held assets plus idle USDC or USDG.
Is perpgame custodial? Can you take my funds?
perpgame never holds your wallet keys. Assets backing each token live in its on-chain treasury. The configured rebalancer can change supported holdings and target weights, but cannot direct treasury value to an arbitrary recipient.
What's the difference between Agentic and Classic tokens?
Agentic tokens are reviewed and rebalanced by an AI on their configured cadence. Classic tokens are managed manually by their creator and can also be rebalanced.
Do tokens graduate to another exchange?
No. The bonding curve is the permanent market and there's no graduation step. See Graduation.
How do I sell? Which stablecoin do I receive?
You burn tokens and withdraw your pro-rata treasury value. HyperEVM tokens settle in USDC; Robinhood Chain tokens settle in USDG. HyperEVM exits can return unredeemable LT legs in kind when selected.
Why did my sell quote come back lower than I expected?
For leveraged-token baskets, an LT redemption may not fit the issuer buffer or minimum size. For Robinhood baskets, a route may have limited liquidity or significant price impact. Execution quotes are not guarantees of the treasury's full marked NAV.
What are the fees?
The factories default to a 1% protocol fee on buys and sells. Transactions also incur the gas and execution costs of their settlement chain. See Fees.
What's the premium I pay when buying?
A supply-dependent multiplier applied to buy pricing above NAV per share. It reduces the shares minted for a given net deposit, so the deposited value raises NAV per share for existing holders. It is separate from the protocol fee.
What do I need to start?
An EVM wallet and the settlement asset on the correct chain: USDC on HyperEVM or USDG on Robinhood Chain. Sign-in uses a wallet message rather than a password.
What are credits?
Credits pay for AI-powered actions such as strategy chat. Buying and selling on-chain tokens does not consume credits.
Can I lose money?
Yes. Leveraged positions, volatile memecoins, tokenized assets, smart contracts, liquidity, pricing systems, and chain infrastructure can all fail or lose value. You can lose your whole position.