Pool-priced perps for Robinhood Chain
Perpetuals backed by real AMM pools. Trade any asset. Leverage scaled intelligently. Small caps count too, as long as their pool is real.
Reading the tape…
Price protection
Every price is read from its pool and tested before a position can open, close or be liquidated.
Worst-of fills
Opens and closes take the worse of pool spot and its ten-minute average, so one bent print cannot buy a better entry or exit.
Pump guard
When spot drifts more than 8% from its average on a coin, new positions wait until it calms down. Closes are never blocked.
Depth on both sides
Long room follows the cost of lifting the pool 10%, short room the cost of sinking it. Cheap to dump means less short room.
One-day warm-up
A coin pool younger than a day takes no positions, so it builds price history before anyone leans on it.
Profit ceiling
The most a position can collect is 9× its margin, reserved in the vault when it opens, so every winner gets paid.
Smoothed liquidations
Margin is tested on the average price, never the last print, so a single wick cannot liquidate you.
How a trade fills
No keeper in between: the engine reads the pools when your transaction lands and fills it on the spot.
- 01Choose
Post USDG margin, pick side and leverage, and set the worst price you accept. Fees show before you sign.
- 02Price check
The engine reads pool spot, its ten-minute average and Chainlink. If they disagree too much, the open is refused.
- 03Fill
You get the worse of those prices for your side. Past your limit, it reverts and only gas is spent.
- 04Settle
Exit whenever you want. Profit, loss, funding and fees are paid to or from the vault in that same transaction.
ETH +4%. Your profit is paid out of the vault, so liquidity providers fund winning trades.
Funding follows the skew
The crowded side pays the other in proportion to the skew, capped at 0.30%/day on majors and stocks. Pick a skew:
US stocks keep session hours
New stock positions open on the 24/5 session. Closing works at any hour.
- ×Open new stock positions
- ✓Close, reduce or add margin
- ✓Orders queue for the session
- ✓Liquidations
Read from each stock's Chainlink feed: positions open only while its answer is under 25 hours old, Sunday 20:00 to Friday 20:00 New York time.
$FALLE
$FALLE is the Falle token on Robinhood Chain. Holder perks, a share of trading fees and a points boost, are plans that switch on with the deployed contracts. Nothing is paid today. See the plans.
FAQ
Formulas and the full rules are in the docs.
What is Falle?
Falle is a perpetual futures DEX on Robinhood Chain. You can take a long or short view on ETH, BTC, tokenized US equities and Robinhood Chain coins whose pools are real, with USDG as margin. Prices never come from an order book: each one is read from the asset's own AMM pool, checked against Chainlink where a feed exists.
How does Falle work?
You post USDG margin and pick a side and a leverage. The engine reads the pool's spot price and its ten-minute average and fills you at whichever is worse for you, so one bent print never moves a fill in anyone's favour. A liquidity vault stands opposite every position; its depositors earn the fees and carry the trader PnL.
How much leverage can I use?
It depends on how hard the market's pool is to move. ETH and BTC go up to 20x, US stocks up to 10x and coins 2x to 5x, but the live limit comes from the dollar cost of pushing the market's own pool 10%, so a thin pool gets less. Each market shows its current limit in the terminal; pools below the listing floor are not listed.
Which markets can I trade?
ETH, BTC (followed through cbBTC, the bridged BTC on Robinhood Chain), twelve tokenized US stocks and ETFs identified on-chain by Robinhood's token beacon, and every Robinhood Chain coin whose deepest pool clears the listing floor. The list updates on its own as pools grow or shrink.
Which network is Falle on?
Robinhood Chain mainnet (chain id 4663). Margin and payouts are in USDG, the chain's dollar token, and your wallet pays gas in ETH. Connecting a wallet adds the network for you.
Is trading live with real money?
Not yet. The contracts are written and tested but not deployed. Until they are, every position on Falle is a practice position: live prices, the same fill and liquidation rules, and practice dollars. The site switches to real transactions on its own once the contract addresses are published.
