Everything you need to know about trading meme futures like a true degen. No fluff, no BS — just the stuff that matters.
YOLOx is the first perpetual futures DEX built exclusively for memecoins. Built on Solana for blazing-fast execution and near-zero gas fees. We support 50+ memecoin markets with up to 100x leverage.
Our mission? Give degens the tools they need to trade memes with leverage, without the BS of centralized exchanges. No KYC, no withdrawal limits, no permission needed. Connect wallet, pick a meme, send it.
Click the "Connect Wallet" button in the top right of the trading interface. We support Phantom, Solflare, Backpack, and any Solana-compatible wallet.
Deposit USDC as collateral. This is what you'll use to open positions. Minimum deposit is $1 (we don't judge).
Select your favorite memecoin from the market selector. Choose Long (📈) or Short (📉), set your leverage (1-100x), enter your size, and hit that button.
| Wallet | Platform | Status |
|---|---|---|
| Phantom | Browser, Mobile, Desktop | ✅ Supported |
| Solflare | Browser, Mobile | ✅ Supported |
| Backpack | Browser | ✅ Supported |
| Ledger (via Phantom) | Hardware | ✅ Supported |
| Torus | Browser | 🔜 Coming Soon |
Perpetual futures (perps) are derivative contracts that let you speculate on the price of memecoins without an expiry date. Unlike traditional futures, perps never settle — you can hold positions as long as you want (or until you get liquidated 💀).
When you open a Long position, you profit when the price goes up. When you open a Short position, you profit when the price goes down. The profit/loss is multiplied by your leverage.
To keep perp prices aligned with spot prices, a funding rate is exchanged between longs and shorts every 8 hours. If funding is positive, longs pay shorts. If negative, shorts pay longs.
YOLOx supports up to 100x leverage on major memecoins and up to 25x on newer markets. All margin is isolated — each position has its own collateral, so one liquidation won't nuke your entire account.
| Tier | Markets | Max Leverage |
|---|---|---|
| 🔥 Tier 1 | PEPE, DOGE, SHIB | 100x |
| ⚡ Tier 2 | WIF, BONK, FLOKI | 50x |
| 🆕 Tier 3 | POPCAT, MOG, BRETT | 25x |
When your position's unrealized loss approaches your collateral (margin ratio hits 100%), the position is automatically liquidated. A 1% liquidation fee is charged and goes to the insurance fund.
Executes immediately at the best available price. Fast, simple, degen-approved.
Sets a specific price at which you want to enter. The order only fills when the market reaches your price. Useful for sniping dips.
A stop-loss or stop-limit that triggers when price crosses a threshold. Essential for risk management (if you believe in that sort of thing).
Attach TP/SL to any position. When the target price is hit, the position automatically closes. Set it and forget it.
| Fee Type | Rate | Notes |
|---|---|---|
| Taker Fee | 0.06% | Market orders |
| Maker Fee | 0.02% | Limit orders |
| Liquidation Fee | 1.0% | Goes to insurance fund |
| Funding Rate | Variable | Every 8 hours |
YOLOx uses a custom oracle system that aggregates price feeds from multiple DEXs across chains to provide accurate, manipulation-resistant pricing for memecoins.
The oracle pulls data from Raydium, Orca, Jupiter, Uniswap V3, and other major DEXs. Prices are weighted by liquidity depth and updated every 400ms.
For newer memecoins with lower liquidity, we implement additional safeguards including TWAP (Time-Weighted Average Price) to prevent price manipulation attacks.
The Anti-Rug Vault is YOLOx's liquidity layer. LPs deposit USDC into the vault, which serves as the counterparty for all trades on the platform.
Unlike single-asset vaults, the Anti-Rug Vault diversifies exposure across all 50+ meme markets. When traders win, the vault pays. When traders lose (which is more often 💀), the vault profits.
Vault depositors earn a share of all trading fees + funding payments + liquidation fees. Current estimated APY: 25-45% (varies with market conditions and degen activity).
$YOLO is the native governance and utility token of the YOLOx protocol.
| Allocation | % | Vesting |
|---|---|---|
| Community & Airdrop | 40% | 12 months linear |
| Liquidity Mining | 25% | 36 months |
| Team | 15% | 6mo cliff + 24mo linear |
| Treasury | 10% | DAO controlled |
| Investors | 10% | 6mo cliff + 18mo linear |
$YOLO holders get fee discounts (up to 50%), governance voting rights, staking rewards from protocol revenue, and access to exclusive meme markets before public launch.
The YOLOx Leaderboard ranks traders by weekly PnL. Top performers earn $YOLO rewards and limited-edition NFT trophies.
| Rank | Prize | NFT |
|---|---|---|
| 🥇 #1 | 10,000 $YOLO | Diamond Skull 💎💀 |
| 🥈 #2-3 | 5,000 $YOLO | Gold Skull ✨💀 |
| 🥉 #4-10 | 1,000 $YOLO | Silver Skull 🪙💀 |
| Top 100 | 100 $YOLO | Bronze Skull 💀 |
Yes. Our smart contracts have been audited by OtterSec and Halborn. Audit reports are available on our GitHub.
Currently Solana only. We plan to expand to Base, Arbitrum, and other chains in Q3 2026.
Yes. Absolutely. This is why stop-losses exist. Set them. Please. We beg you.
No. YOLOx is fully non-custodial and permissionless. Connect a wallet and trade. That's it.
$1 collateral. Yes, you can open a $100 position with $1 at 100x. No, we don't recommend it.
Join our Discord or Telegram. Our community (and mods) are available 24/7. Unless they got liquidated and are coping.