How newborn markets get tight spreads on day one
by Myeperps Team
The hard part of a permissionless perp is the first hour. With no makers and no resting orders, an order book opens as a noise floor — wide spreads, broken charts, and fills that move price 20% on a small clip. Most "launch anything" venues never solve this and the markets die on arrival.
Myeperps opens every market against a virtual bonding-curve pool. Instead of waiting for makers, the protocol quotes both sides from a curve anchored to the index price, so day-one trades clear at sub-percent slippage. The chart looks like a chart, not a seismograph.
As real volume arrives, organic liquidity layers on top of the curve and the pool weight tapers. The market graduates from synthetic depth to real depth without a hard cutover — traders never see a seam.
In the terminal you can launch a fresh market and immediately fire a market order. Watch the fill: it lands near the index, not three percent away from it.
Want to see it run? Open the playground →