Nekodex $(=ↀωↀ=)

What is going on?

Nekodex is the first and only DEX allowing you to earn rewards with 0 upfront cost.

There’s nothing you can lose but only get more Nekocoin $(=ↀωↀ=)!

Nekodex is also the first onchain DEX with gas-less and wallet-less user experience.

Nekocoin $(=ↀωↀ=)

Nekocoin is

  • Your collateral for trading on Nekodex -- it's a virtual USD token to back your trades

  • Your ticket to rewards: collect as much $(=ↀωↀ=) as you can!

  • Ticker symbol: $(=ↀωↀ=)

Nekocoin is an ERC20 that is airdropped to you based on different campaigns and quests. You can use $(=ↀωↀ=) to trade on 50 markets, and do your best to earn more $(=ↀωↀ=) with winning trades.

Nekodex 📈

Nekodex lets you long or short up to 50 tokens, with leverage between 10x and 30x depending on the token. Your $(=ↀωↀ=) holdings represent a virtual USD that can be used on Nekodex. If your trades make money, you will increase your $(=ↀωↀ=) holdings!

  • Nekodex is a playground for users to try out Perp v3

  • Nekodex uses $(=ↀωↀ=) as collateral, a limited ERC-20 token that will be swappable for rewards

  • Your mission: collect more $(=ↀωↀ=)

Btw Nekodex uses isolated margin (each position has its own margin) lmeow

See some Nekostats here:

Cash out!

Simple cat explanations:

get $(=ↀωↀ=) for free -> earn more by trading -> use to claim rewards in the end

Nekodex invites

You need an invite link to access Nekodex. We will be giving these out so watch our socials 👀

All invite links are limited-use, so if you get one, be careful who you give it to! Farmers and sybils might try to use them up ...

What about Perp v3?

Nekodex is the playground where you can learn about how Perp v3 works, how it feels, and get comfy. Perp v3 will launch after the Nekodex campaign is over (roughly 2 months from launch - TBC).

Nekodex account

Nekodex and Perp v3 all use Ethereum Account Abstraction (ERC-4337) powered by ZeroDev. It has some very cozy features to get your paws on 🐾

  • No wallet: Quick & easy sign up with an email & Passkey on your phone

  • No gas: All trades are gas free / network fee free

  • No signing: Tap-to-trade lets you confirm trades fast, no opening wallet, no wasting time

  • No deposit: You can start trading right away with $(=ↀωↀ=) collateral

📱 Smartphone optimized: use your iPhone or Android to trade anywhere, anytime.

Account safety

DO NOT lose your account email. If you cannot access the email used to sign up, you cannot log in again (if you are logged out). You need to be able to receive emails at this address to log in in the future 🐾

You will also need this email account to claim rewards in the end, so use an email you plan to keep.

DO backup / sync your account with iCloud or Google One. You will need this backup if your phone is broken or lost in order to sign in from a new device.

Learn more about Perp Smart Account

More info

If you want to know more about how Nekodex really works, it is based 100% on Perp v3. Please check out the other articles here, like Introducing Perp v3, Trade perpetual futures & How Perp v3 works.



  • WTF?

    • lmeow

  • Why Nekodex and not Perp v3?

    • Fun, no risk

    • Earn real rewards

    • Get comfy with new Ethereum account abstraction technology & Passkey

    • Get ready for trading on Perp v3 when the bull market hits

    • Perp team can improve the Perp v3 UI and protocol based on your feedback

  • Is this testnet?

    • We are testing in production on Optimism Mainnet, but the collateral used for trading is $(=ↀωↀ=). You can think of it as a live-fire exercise, but with rubber bullets.

  • Why do we need invite links?

    • We want to limit the amount of users to make sure everyone has a fair chance to collect a tasty amount of rewards.

  • Why do we need to sign up with email?

    • The ERC-4337 account system from ZeroDev creates your account using an email address as the identifier. You will need to maintain access to this email in order to log in! ⚠️ Do not use a temporary or disposable email address - you could lose access to your account.

  • Can't log in ...

    • Make sure to use the same email, and the same authentication method (Passkey). If you created the account with Passkey, you cannot sign in with web3 wallet and vice versa.

Nekodex account

  • Why can't we use an existing wallet?

    • In order to let you trade with 2 clicks, no gas fees, and more, we have to use a separate smart account with a new address.

  • I already have a Passkey wallet but a whole new wallet was created?

    • Passkey-created wallets (for now) can only be used with one app (the one you set it up with). So if you set a Passkey wallet up on another app, it does not work on Nekodex.


Please see main FAQs

  • Why not use real collateral like USDC, USDT?

    • Nekodex uses Nekocoin so you can try risk-free while also earning some rewards.

    • Perp v3 will use USDT and possibly other types of collateral in the future.

  • Cross margin or isolated?

    • Nekodex and Perp v3 use isolated margin.

  • Are there charting tools for drawing, etc.?

    • Perp v3 desktop version should have this.

  • Wen stop loss and take profit ...


  • What & how many rewards will each trader get?

    • The reward type and amount is TBC—to be confirmed.

  • What is the total reward pool?

    • TBC depending on how many people participate. Focus will be on fairness.

  • Will Nekocoin $(=ↀωↀ=) continue to exist after the campaign?

    • $(=ↀωↀ=) is an ERC-20 that you will be able to sell, hold, or do most things you can do with an ERC-20 token. So it will continue to exist as long as the blockchain exists.

  • Will $PERP holders be affected?

    • No $PERP will be used in this campaign.

    • $(=ↀωↀ=) will not replace or affect $PERP.

  • Is this a points campaign? Is this an airdrop?

  • Who are the pre-launch Nekocoin holders?

    • All addresses with tokens used pre-launch are barred from future rewards.

    • Holders also include key DEX functions like the team liquidity provider, keepers and airdrop distributor.

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