GenieDEX
Launch Coins with instant Spot + Perps markets.
About
The problem it solves **Problem:** Perps are exclusive to top 0.1% of projects and perps on day of TGE is limited to 0.001% projects, Launching a perps market for a new tokens is next to impossible. While perps are the only way to hedge and execute advanced trading strategies. **Solution:** With GenieDEX anyone can launch a new token in under a minute and have an in-built perps market right at token graduation. All with $0 upfront(not even gas!). **Launches Overview:** **2 trading markets available;** All tokens have a fixed 1 billion supply and feature instant LP token burns for permanent liquidity. **Option 1:** GenieDEX Perps + Uniswap v4 Bonding Curve Phase: - 700M tokens sold - Collects 4.15 ETH or 13.3K USDC (depending on quote asset) **Migration to Trading:** - 180M tokens → Uniswap v4 with 100% collected liquidity - Market cap at migration: 23.12 ETH / 74K USDC - 120M tokens → GenieDEX Power Perpetuals (2x leveraged market) **Option 2:** Uniswap v4 Only Bonding Curve Phase: - 800M tokens sold - Collects 4.68 ETH or 14K USDC (depending on quote asset) **Migration to Trading:** - 200M tokens → Uniswap v4 with 100% collected liquidity - Market cap at migration: 21.87 ETH / 70K USDC **Token creators earn 0.5% of uniswap volume fees + 5% of token supply locked in GenieDEX perps with a 3d cliff and 7d linear lock.** **All GenieDEX perpetuals are Power Perpetuals with 2x power, creating amplified but bounded exposure.** **How Power Perpetuals Work?** Price Movement Examples: 10% underlying asset increase → 21% perps gain 10% underlying asset decrease → 19% perps loss **Key Advantages** 🛡️ No Liquidations - Long and short positions cannot be liquidated - Eliminates liquidation risk entirely ⚡ Dynamic Funding - No fixed hourly or daily funding rates - Funding adjusts based on position imbalances - Automatic equilibrium prevents excessive dominance 🔄 Smart Rebalancing - Payoff curves automatically rebalance - Maintains market stability Research Foundation Built on peer-reviewed research from Paradigm with major optimizations: 1. https://www.paradigm.xyz/2021/08/power-perpetuals 2. https://www.paradigm.xyz/2024/03/everything-is-a-perp Smart Contract Address(es) **Heres are the core smart contracts for GenieDEX; ** **TWAP Hook:** 0x291548D6eE8781C6BAa1f649d13baCf6889F5A80, **PotentiaClonePool:** 0xEDEa42414a1e3f35a375a2b6c643858e50B80f9b, **WaitingRoomPotentiaFactoryUpgradeable:** 0xE33b7459c66FCb9e37e4C231B088A677266b079F, **WaitingRoomPotentiaFactoryProxy:** 0x5861ec53775982bb634BEF1f58eCcf5D7C284b4E, **PotentiaPoolFactory:** 0xA00c405BafD508E952fF7E7C7D0e0fb6F7F6AEf5, **PotentiaVesting:** 0x8198A8d1d9a9c9A6e51C82aa5b51597c73995D89, **UniswapPoolFeeCollector:** 0xB1114d0b6794A80F8e23Ac74C25E3dAc172263BF, **BondingCurvefactory:** 0x44955f29d817d55D06295dcba41FA62b050C0923 **TokenCreationFactory:** 0x8685A3877DC614cDDd044a78fDA485a14F55af27 **TokenFactory:** 0x263F81EC6a7733abA11827550d26714013b35fA5, **PotentiaDrip/Factory:** 0xA00c405BafD508E952fF7E7C7D0e0fb6F7F6AEf5 **UniswapPoolFactory:** 0x1387103E21B6dc0c1A6f64de5280DAC9F8c1ea5E **PotentiaGenieBcFactory:** 0xbA83A68Bc775625F06C988D7085A0704C519983D **PotentiaIntigration Factory:** 0xD96307E60D24588C1f9271561a286b06b6d003DF Other Onchain Proof **Early users activity;** Appx. $17k volume in total https://basescan.org/address/0xf2bdb47f11310466a9b7e15e4d2e16f1f6b8d070
How it's made
Challenges we ran into **Cross-Protocol State Synchronization** Ensuring atomic state transitions during bonding curve graduation when tokens simultaneously deploy to Uniswap V4 and GenieDEX Perps pools. **Solution:** Implemented a factory callback pattern with careful ownership transfers and state management. **Modular Factory Architecture Complexity** Designing a factory system that could handle 5 different specialized factories while maintaining upgrade paths and proper access control. **Solution:** Implemented role-based access control with factory delegation patterns and established clear upgrade paths through UUPS proxies for critical components. *Along we had multiple challenges mainly due to unavailability of Uniswap v4 functionality on base sepolia and we ended up making all services for internal testing.*