About Uranus Perps
Uranus Perps is a permissionless, peer-to-peer perpetuals exchange that lets users LONG or SHORT any SPL token on the Solana blockchain — even from the moment it’s minted. It’s the first of its kind, designed to let traders capitalize on newly launched meme coins, experimental assets, and low-liquidity tokens without relying on centralized liquidity providers or traditional DeFi mechanics.
Through an on-chain, user-versus-user model, Uranus Perps gives the power back to the trenches. There is no "house" taking the other side of your trade — you’re directly trading against other users. Built to serve degens and retail traders who want to speculate early on memecoins, DeFi assets, AI tokens, xStocks, and more, Uranus is a permissionless platform where anything with a Solana address can be traded as a perp.
Uranus Perps represents a radical shift in how decentralized perpetuals trading works. Unlike traditional perp protocols like Drift, or Mango Markets, Uranus operates on a truly peer-to-peer model. This means that instead of relying on automated market makers or professional market makers for liquidity, profits and losses are settled directly between traders. Longs pay shorts and vice versa — no intermediaries, no centralized counterparty risk.
Built on Solana, Uranus Perps offers lightning-fast trade execution, minimal fees, and the ability to trade any SPL token as soon as it’s live. This makes it one of the only DEXs where you can short freshly launched tokens on platforms like pump.fun, even if they have low liquidity or questionable viability. The protocol was designed to fill a critical market gap: enabling traders to profit on the downside of highly speculative tokens without needing centralized order books or LP pools.
What truly separates Uranus from its competitors is its zero-liquidity model. The platform was built to work without traditional liquidity — instead, positions remain open until someone takes the opposing side or the position is liquidated. If no counterparty joins the market, the trader cannot realize profits or losses, and the position can be refunded. This design allows the protocol to support tiny market cap assets that would otherwise be untradable on perp markets.
Additionally, Uranus is fully transparent and open-source. Its smart contracts are published on GitHub, and all transaction activity is on-chain, verifiable via Solscan. Traders can monitor the protocol's vaults, view smart contract code, and trust the system based on transparency — not black-box algorithms. It also supports real-time social trading integrations and even allows sending SOL through X (formerly Twitter) for a more connected trading experience.
By removing barriers to shorting meme coins and speculative assets, Uranus Perps creates a new kind of decentralized prediction market — one where anyone can speculate on anything, with no gatekeeping, no listing process, and no permission required. It’s not just a DEX. It’s the future of trading the unpredictable.
Uranus Perps provides unique features and trading benefits that make it a one-of-a-kind decentralized perp protocol:
- Trade Any SPL Token: Long or short any Solana-based asset — meme coins, xStocks, AI tokens, and more — instantly after mint, with no listing process required.
- Peer-to-Peer Trading: There is no liquidity pool or house. You’re trading directly against other users in a fully decentralized environment.
- On-Chain Transparency: All trades, liquidations, and vault activity are verifiable on Solana. View contracts on Solscan or code on GitHub.
- Zero Liquidity Requirements: The protocol works even without liquidity providers, making it ideal for trading ultra-low-cap and early-stage tokens.
- Social & Fun UX: Share wins and losses through X (Twitter) with real-time updates. Traders can send SOL through social integrations.
- Revenue Flywheel: Trading fees are used to buy back $URA tokens, which redistributes value back to holders — creating an ecosystem loop.
- Open Source & Decentralized: No centralized backend, no black-box logic. Trust is built through fully auditable smart contracts.
Uranus Perps makes it easy for users to dive into decentralized leverage trading on Solana. Here’s how to get started:
- Step 1 – Visit the App: Go to uranus.ag and connect your Solana wallet (e.g. Phantom, Backpack, or Solflare).
- Step 2 – Choose a Market: Pick any SPL token you want to trade. You can LONG or SHORT tokens like $BONK, $MOOMOO, $DEBT, and more — even if they just launched.
- Step 3 – Open a Position: Enter your leverage, select LONG or SHORT, and confirm your position. The protocol matches you with another user or keeps the trade pending until someone takes the other side.
- Step 4 – Monitor & Close: Track your PNL on-chain. If your position has a counterparty and meets the exit conditions, you can close for profit or loss.
- Step 5 – Explore More Features: Access trade transparency via Solscan, view smart contracts, or dive into the open-source code on GitHub.
- Step 6 – Stake or Hold $URA: Buy $URA from the official contract address and benefit from platform fee redistribution. Learn more on the app.
Uranus Perps Reviews by Real Users
Uranus Perps FAQ
Uranus Perps allows users to SHORT or LONG any SPL token on Solana from the moment it’s minted—even meme coins with zero liquidity. Unlike traditional perp platforms, there’s no need for listings or LPs. As long as a token has a price feed and an SPL address, it can be traded. This makes Uranus Perps the go-to platform for early speculation and degenerate trading opportunities.
Uranus Perps operates on a peer-to-peer model, which means your profits or losses rely on someone else taking the opposite side. If you open a trade and no one joins the other side, your position cannot be settled. In this case, you can cancel the trade and receive a refund. There’s no house to pay you — only traders like you. This mechanism enables fair, decentralized markets, even for low-liquidity assets.
Yes, Uranus Perps is completely on-chain and transparent. All trades, vaults, and smart contracts are public and can be verified on Solscan. The codebase is open source and viewable on GitHub, ensuring transparency and community auditability. The protocol doesn’t use centralized servers or private logic. Visit uranus.ag to explore the contract and tracking tools yourself.
While platforms like Drift and Mango rely on liquidity pools or market makers, Uranus Perps is 100% peer-to-peer and permissionless. You’re not trading against a protocol or a pool — you're trading directly against another user. This means no censorship, no centralized order books, and no limits on which tokens can be traded. It’s truly decentralized perpetuals.
$URA is the native token of Uranus Perps, used to reward holders through a fee buyback model. Every time users trade on the platform, fees are collected and used to buy back $URA from the open market, which is then distributed to stakers or burned. This creates a deflationary flywheel tied directly to protocol usage. Learn more by visiting the live app at uranus.ag.