The problem GenieDEX solves

Problem: Perps are exclusive to top 0.1% of projects and perps on day of TGE is limited to 0.001% projects, Launching a perps market for a new tokens is next to impossible. While perps are the only way to hedge and execute advanced trading strategies.

Solution: With GenieDEX anyone can launch a new token in under a minute and have an in-built perps market right at token graduation. All with $0 upfront(not even gas!).

Launches Overview:
2 trading markets available;
All tokens have a fixed 1 billion supply and feature instant LP token burns for permanent liquidity.

Option 1: GenieDEX Perps + Uniswap v4
Bonding Curve Phase:

• 700M tokens sold
• Collects 4.15 ETH or 13.3K USDC (depending on quote asset)

Migration to Trading:

• 180M tokens → Uniswap v4 with 100% collected liquidity
• Market cap at migration: 23.12 ETH / 74K USDC
• 120M tokens → GenieDEX Power Perpetuals (2x leveraged market)

Option 2: Uniswap v4 Only
Bonding Curve Phase:

• 800M tokens sold
• Collects 4.68 ETH or 14K USDC (depending on quote asset)

Migration to Trading:

• 200M tokens → Uniswap v4 with 100% collected liquidity
• Market cap at migration: 21.87 ETH / 70K USDC

Token creators earn 0.5% of uniswap volume fees + 5% of token supply locked in GenieDEX perps with a 3d cliff and 7d linear lock.

All GenieDEX perpetuals are Power Perpetuals with 2x power, creating amplified but bounded exposure.

How Power Perpetuals Work?
Price Movement Examples:

10% underlying asset increase → 21% perps gain
10% underlying asset decrease → 19% perps loss

Key Advantages

🛡️ No Liquidations

• Long and short positions cannot be liquidated
• Eliminates liquidation risk entirely

⚡ Dynamic Funding

• No fixed hourly or daily funding rates
• Funding adjusts based on position imbalances
• Automatic equilibrium prevents excessive dominance

🔄 Smart Rebalancing

• Payoff curves automatically rebalance
• Maintains market stability

Research Foundation
Built on peer-reviewed research from Paradigm with major optimizations:

1. https://www.paradigm.xyz/2021/08/power-perpetuals
2. https://www.paradigm.xyz/2024/03/everything-is-a-perp

Challenges I ran into

Cross-Protocol State Synchronization
Ensuring atomic state transitions during bonding curve graduation when tokens simultaneously deploy to Uniswap V4 and GenieDEX Perps pools.
Solution: Implemented a factory callback pattern with careful ownership transfers and state management.

Modular Factory Architecture Complexity
Designing a factory system that could handle 5 different specialized factories while maintaining upgrade paths and proper access control.
Solution: Implemented role-based access control with factory delegation patterns and established clear upgrade paths through UUPS proxies for critical components.

Along we had multiple challenges mainly due to unavailability of Uniswap v4 functionality on base sepolia and we ended up making all services for internal testing.

Smart Contract Address(es)

**Heres are the core smart contracts for GenieDEX; **

TWAP Hook:
0x291548D6eE8781C6BAa1f649d13baCf6889F5A80,

PotentiaClonePool:
0xEDEa42414a1e3f35a375a2b6c643858e50B80f9b,

WaitingRoomPotentiaFactoryUpgradeable:
0xE33b7459c66FCb9e37e4C231B088A677266b079F,

WaitingRoomPotentiaFactoryProxy:
0x5861ec53775982bb634BEF1f58eCcf5D7C284b4E,

PotentiaPoolFactory:
0xA00c405BafD508E952fF7E7C7D0e0fb6F7F6AEf5,

PotentiaVesting:
0x8198A8d1d9a9c9A6e51C82aa5b51597c73995D89,

UniswapPoolFeeCollector:
0xB1114d0b6794A80F8e23Ac74C25E3dAc172263BF,

BondingCurvefactory:
0x44955f29d817d55D06295dcba41FA62b050C0923

TokenCreationFactory:
0x8685A3877DC614cDDd044a78fDA485a14F55af27

TokenFactory:
0x263F81EC6a7733abA11827550d26714013b35fA5,

PotentiaDrip/Factory:
0xA00c405BafD508E952fF7E7C7D0e0fb6F7F6AEf5

UniswapPoolFactory:
0x1387103E21B6dc0c1A6f64de5280DAC9F8c1ea5E

PotentiaGenieBcFactory:
0xbA83A68Bc775625F06C988D7085A0704C519983D

PotentiaIntigration Factory: 0xD96307E60D24588C1f9271561a286b06b6d003DF

Other Onchain Proof

Early users activity;

Appx. $17k volume in total

https://basescan.org/address/0xf2bdb47f11310466a9b7e15e4d2e16f1f6b8d070