backdA launchpad where fees open perp positions and the profit buys back the coin. Solana · Meteora · Hyperliquid.
Leveraged perpetual trading carries a substantial risk of loss. Backed value is the live value of a position — margin plus unrealized PnL — and moves up and down with the market. It is not a floor and is not guaranteed. A position can be stopped out or liquidated, and everything deployed can be lost. Nothing here is financial advice.
© 2026 Backd · Solana · Meteora · Hyperliquid · A working prototype.