Overview
Every memecoin chart ends up a rocket or a rug. levermeme turns that call into a simple bet between two sides of the same coin: bears, who think the price will fall, and bulls, who think it will hold.
Shorts get a lever, so every 1% of drop pays many times over, but there's no margin to top up and no liquidation. You pick a coin, a side and an amount of SOL. The most you can lose is the SOL you put in.
Long or short.
Each coin has a matchup: a pool of bull SOL on one side and bear SOL on the other. The bar on every coin card shows how the two sides compare.
Cooked? Short it.
Open a 6 or 24 hour short on a coin. Every 1% it falls by the close pays you 20% (6h) or 10% (24h) of your stake, from the bull pool.
- You profit when
- Drop > 5% (6h) / 10% (24h)
- Max payout
- 5× your stake
- Max loss
- Stake + fee
Bullish? Long it.
Park SOL in a coin's pool. Every short opened against it hands the pool its stake as a premium, plus half its fee. While the price holds, you keep collecting.
- You earn
- Short stakes + fee cut
- You pay
- Winning shorts
- Max loss
- Your deposit
A position, step by step
- Connect a walletPhantom, Solflare, Backpack or any Solana wallet that supports the Wallet Standard.
- Pick a coin and a sideChoose from the approved list, then go long or short.
- Choose a window and a stake6 hours at 20×, or 24 hours at 10×. Your wallet shows the stake plus fee before you sign. The pool locks 5× your stake so your best case is always paid.
- Wait for the closeThe price is live the whole time. Nothing gets liquidated along the way, however hard the chart swings.
- Get paid in SOLThe closing price is the 15 minute median. Your payout is sent in SOL and whatever isn't paid out goes back to the pool.
The lever.
A short works like a put option bought from the bull pool. Your stake is the price of the option. The lever sets how hard every 1% of drop pays out.
drop = (open price − close price) ÷ open price
payout = stake × lever × drop, between 0 and 5 × stake
| Window | Lever | Break-even drop | Max payout at |
|---|---|---|---|
| 6 hours | 20× | 5% | −25% |
| 24 hours | 10× | 10% | −50% |
If the price ends flat or higher, the payout is 0 and your stake stays with the pool. If it falls less than the break-even drop, you get part of your stake back. Past the break-even you're in profit, up to 5× your stake.
Example: 1 SOL, 6 hour short
| Price at close | Payout | Net after fee |
|---|---|---|
| +3% | 0.000 SOL | −1.005 SOL |
| −2% | 0.400 SOL | −0.605 SOL |
| −5% | 1.000 SOL | −0.005 SOL |
| −10% | 2.000 SOL | +0.995 SOL |
| −25% or worse | 5.000 SOL | +3.995 SOL |
Try it
- You pay
- Payout
- Net
- Pool locks
Pools and backing
Every coin has one bull pool. Longs deposit SOL into it and own a share of it in proportion to what they put in. Premiums, fee cuts and payouts are all split by share.
Every short is fully backed
When a short opens, the pool locks 5× its stake, the most it could ever owe. At the close it pays the short and unlocks the rest. The pool can't be caught short, so no one has to be liquidated.
- At most 80% of a pool can be locked at once. A 100 SOL pool can back up to 16 SOL of open short stakes (16 × 5 = 80).
- A single short can lock at most 10% of the pool, so the biggest short on a 100 SOL pool is 2 SOL. No one whale can drain it in one trade.
- Longs can withdraw free SOL at any time. Locked SOL is freed as the shorts it backs settle.
What a long earns
For each short, the pool's result is:
pool result = stake + fee ÷ 2 − payout
Take a 100 SOL pool that sells a 1 SOL, 6 hour short. It locks 5 SOL and collects 1 SOL plus 0.0025 SOL of fee. If the coin holds, the pool is up 1.0025 SOL. If it drops 10%, the pool pays 2 SOL and is down 0.9975 SOL. Each long gets their share: someone holding 10% of the pool made 0.10025 SOL or lost 0.09975 SOL.
Longs win on most shorts and lose on the big dumps. The lever is set so a coin has to really move before a short gets paid, which is how the pool gets paid for taking the other side.
Settlement
- Open price: the median of the Jupiter and DEX Screener prices at the moment your short is confirmed.
- Close price: the median of the 15 one-minute prices in the last 15 minutes of the window. One wick or one oversized trade at the last second can't decide the outcome.
- No margin calls: your stake and the pool's backing are locked at the open. Nothing is added or taken until settlement.
- Refunds: if fewer than 10 of the 15 closing prices are available, the short is cancelled. The stake and fee go back to the short and the pool's backing is unlocked.
Fees and the $LEVER burn
Only shorts pay a fee, on top of their stake. Longs don't pay to join a pool.
| Window | Short fee |
|---|---|
| 6 hours | 0.50% |
| 24 hours | 0.75% |
Where the fee goes
- Half goes to the pool that took the other side, together with the premium.
- Half is queued, swapped into $LEVER at random times during the day and burned. A swap that fails waits for the next round.
Example
| 24 hour short, stake | 1.0000 SOL |
| Fee (0.75%) | 0.0075 SOL |
| To the bull pool | 0.00375 SOL |
| To the $LEVER burn | 0.00375 SOL |
| You pay in total | 1.0075 SOL |
Which coins
Only coins on the approved list can be traded. A coin needs a real market behind it: enough liquidity and trading for the price feeds to settle positions fairly. That keeps out tokens that could be pushed around just to win a matchup.
New coins are added over time and marked NEW in the ticker. $LEVER itself is listed with a verified badge once it's live.
Requests
Want a coin listed, or missing a feature? Use the Request section.
- Request a token: paste the coin's Solana contract address. Coins that are already listed are flagged straight away.
- Request a feature: write a short note on what it should do and why.
Every request is read by the team. Sending one doesn't guarantee a listing: the coin still has to meet the listing bar above.
Wallet and safety
- Connecting only shares your public address. It never moves funds.
- Every transaction is shown and signed in your own wallet. levermeme can't spend anything without your approval.
- Disconnect any time from the account menu in the top right.
Price data
- Jupiter for the live price, refreshed every few seconds.
- DEX Screener for names, logos, market cap and 24 hour change.
- GeckoTerminal for the recent price history in the charts.
FAQ
Can I lose more than I put in?
No. A short can lose its stake plus the fee, and a long can lose its deposit. There's no margin and nothing gets liquidated, so you'll never owe more.
Why is the 6 hour lever higher than the 24 hour one?
A coin moves less in 6 hours than in 24, so each 1% of drop is worth more over the short window. Both windows need a real move to profit: 5% in 6 hours, or 10% in 24.
Why can't I open a bigger short?
Each short locks 5× its stake from the pool, and one short can lock at most 10% of it. Your maximum stake is 2% of the pool. As more longs join, bigger shorts open up.
Can I close a short early?
Shorts run for the full 6 or 24 hour window and settle at the close. Pick the window that matches your call.
What happens if a price feed goes down?
If there isn't enough price data to settle a position fairly, it's refunded in full instead of settled on a bad price.
Why is the fee burned?
Half of every short fee buys back $LEVER and burns it, so more trading means less $LEVER in circulation.
Is trading live yet?
Not yet. Prices and charts are live, but pools and open shorts are demo data until the on-chain program launches. Follow @levermeme on X for the launch.