DevnetFortunissimo Testnet·

How Fortunissimo works

Every token has one market. You can buy it, buy it with leverage, or short it — the same pool, at the same price.

Anyone can mint a token. It starts on a bonding curve, and once it has attracted $12,000 of real deposits it graduates: a spot pool, a price oracle, a lending pool and an insurance account are created in one transaction. From that moment it can be traded, levered and borrowed against — with no listing process and no gatekeeper.

The shape of it

Leverage is a slider, not a second venue

Most protocols run a spot market and a separate derivatives market with its own price, and then spend a lot of effort keeping the two together. Fortunissimo does not have a second price to keep together.

Buying at 1× is an ordinary swap. Buying at 5× borrows USDT and swaps the same notional through the same pool. Shorting borrows the token and sells it into that pool. Every one of those trades moves the same reserves and pays the same 0.30% fee, so there is exactly one price and nothing to arbitrage.

Graduation at
$12,000
Swap fee
0.30%
Maintenance margin
4%
Max leverage
set by depth
Your position is real tokens, not a bet
A leveraged long holds the actual token and owes USDT. A short holds USDT and owes the token. Your profit is simply what those balances are worth — there is no mark price, no funding rate, and no counterparty who can be wrong about what you own.
Why there are no magic numbers

One pool sets every limit

The pool is the hub. Its depth and its 10-second average price decide what everything else may do: how much can be borrowed, how large a position may grow, and what collateral is worth. Nothing is capped by an arbitrary constant — every ceiling is a fraction of real liquidity, so a market grows only as fast as genuine capital arrives.

This is why the maximum leverage you see is rarely the headline number. On a fresh $12,000 pool it is a few times; on a deep one it approaches the ceiling. The limit is not a policy, it is the honest answer to “what could this collateral actually be sold for here?”

Where to go next

The rest of these pages

  • Token lifecycleLaunch, bonding curve, graduation
  • TradingBuy, leverage, short — all one pool
  • EarningFund the leverage, take the other side
  • LiquidationHow positions close, and who pays
  • The flywheelWhy depth compounds — and where it stops
  • RisksWhat can go wrong, stated plainly
Tokens launched before September 2026
Those trade on the older design — a separate perpetual futures market with its own price and a funding rate. It still works and is still supported; its documentation lives at /docs/v1. A token never moves between the two.