Flap Launches Perpetual Contract Vault, Enabling Permissionless Creation of Perpetual Markets for Any Asset

Odaily reports that Flap has announced the official launch of a perpetual contract vault powered by MYX Finance. After a project issues a Meme token, a perpetual contract market can be opened simultaneously. Trading taxes will flow into the vault and be automatically used to buy back tokens, with the repurchased tokens serving as liquidity.

Token holders can earn trading tax rewards and perpetual market revenue, the latter including trading fees and funding rate-related income. This mechanism supports any asset in creating a perpetual market from day one without permission, requiring no project review or waiting for listing approval.