Roadmap
Decant · perpetual futures on Base
Permissionless perpetual futures on Base — anyone can launch a leveraged market for any Base token in ~60 seconds, no gatekeeper. Decant is live on testnet (Base Sepolia) today; the path below leads to a hardened, audited mainnet.
Shipped
Phase 0 — Live on testnet
The full product works end-to-end on Base Sepolia.
- Landing + waitlistInvite gating, Turnstile captcha, Neon Postgres, admin dashboard with CSV export.
- /trade terminalETH / BTC / SOL markets, candlestick charts, deposit & withdraw collateral, open/close long & short, up to 50× leverage.
- Permissionless market factoryLaunch a new perp market for any Base token via Pyth feed or Uniswap V3 TWAP.
- Smart contracts (Base Sepolia)vAMM PerpMarket + MarketFactory, Pyth oracle with Uniswap V3 TWAP fallback, isolated margin & per-market insurance fund.
- Keeper botCloudflare Cron Worker auto-settles funding and liquidates under-margin positions every minute.
- Indexer + historyOn-chain activity, cross-market positions and a global leaderboard.
- WalletsWalletConnect with mobile QR / deep-link support.
Next
Phase 1 — Polish & traction
Make the testnet feel like a real product and bring in early traders. Low-risk, no mainnet funds at stake.
- Trading UXLiquidation price & funding rate on each position, pre-trade slippage / price-impact preview, full cross-market history, clearer tx notifications.
- Growth & trustWaitlist confirmation email, analytics + error monitoring, sitemap in Search Console, community channels and an early-tester program.
- ReliabilityAlerts for low keeper gas / failed cron, and a public uptime view for the keeper and indexer.
Later
Phase 2 — Hardening (pre-mainnet)
Make the system safe to hold real money. The heaviest, longest phase.
- Exhaustive testingFoundry unit + invariant / fuzz tests across margin, funding, liquidation, ADL and the insurance fund.
- Economic simulationStress-test funding, bad-debt scenarios and oracle manipulation on thin long-tail markets; tune risk parameters.
- Bug bounty + auditPublic bug bounty followed by a reputable security audit — mandatory before mainnet.
Later
Phase 3 — Base mainnet
Ship to production, gradually and safely.
- Staged launchStart with small position / TVL caps and raise them over time.
- Real economicsNative USDC collateral, protocol treasury & fees, seeded insurance fund.
- Ops & complianceFull on-chain + off-chain monitoring, geofencing & disclaimers, lightweight governance over risk parameters.
Key risks
- Contract security — bugs mean lost funds. Audit and invariant testing are non-negotiable before mainnet.
- Oracle manipulation on thin long-tail markets — mitigated by minimum liquidity, long TWAP windows and leverage caps on new markets.
- Bad debt on price gaps — absorbed by the per-market insurance fund and auto-deleveraging.
- Regulation — testnet-only with disclaimers for now; legal review before mainnet.