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$VIBE
Vibe Trading is a permissionless perpetuals exchange built on Hyperliquid that lets anyone list and trade any token with up to 20x leverage and zero listing fees. The team pitches it as the “PumpFun of perps,” applying the open-listing model from spot memecoins to leveraged derivatives. Markets that gain real traction on Vibe can graduate to HIP-3, Hyperliquid’s framework for native order-book perpetuals, giving long-tail tokens a path to deeper liquidity. The platform is in beta with a QuantStamp audit pending.