📏 Point Fomula

Our goal is to build a transparent perpetuals DEX that truly belongs to traders.

To ensure fairness and verifiability, we use an on-chain points system, and the complete point calculation logic is encoded directly in the smart contracts

Point Type

• LVP: LeverUp Point

• LVHP: LeverUp High Leverage Point

LVP and LVHP are non-transferable ERC-20 CA

User Profile Definition

• Normal User: with <= 100 leverage to open positions

• High Leverage User: with >= 500 leverage to open positions

Point Formula

User Points = Open/Close Position Points * Hold Position Duration Multiplier * Team Boost Multiplier

Terms

Parameter Name	Parameter Function	Parameter Value %
u1	Normal user open/close position coefficient	0.07
u2	High leverage user close position coefficient	0.05

Open/Close Position Points

Normal User

• Open Position

  • Position Size * u1

• Close Position

  • Position Size * u1

High Leverage User

• Open Position

  • Position Size * 0

• Close Position

  • Position Size * u2

Position must be held for more than 3 minutes( 1 min for high leverage ) to count as a valid open/close position

Hold Position Duration Multiplier

Normal User: f1(x)

High Leverage User: f2(x)

https://www.desmos.com/calculator/rb2i2a0lvu

Team Boost Multiplier (Referral)

• Invite Code Generation Rules

  • Code generation is enabled after reaching $100,000 in trading volume

• Referrer Benefits

  • For every 4 points the referred user earns, the referrer gets 1 point

• Referred User Benefits

  • Share team boost multiplier, earn extra boost point

• Team Boost Point

  • Based on total trading volume of team members in the past 24 hours

  • All accumulated points of the team receive the boost bonus corresponding to the tier reached that day

Team Trading Volume (24 hours)	Boost
$600,000	1.05
$1,000,000	1.078
$2,00,000	1.117
$4,000,000	1.158
$8,000,000	1.2

Point Distribution

• Normal user pool

  • Accounts for 40% of $LV distribution

• High leverage user pool

  • Accounts for 60% of $LV distribution

• Point settlement time

  • Immediate

• Total $LV Distribution

  • 10% of total supply