$GEMINI
Trending UpSnapshot Window: 2026-09-13 15:30 UTC ยท โ Back to Crypto Overview
Social Momentum Summary
Total Engagement - Comments: 0, Retweets: 0, Likes: 0, Impressions: 8
Verbatim Community Citations & Social Evidence 1 source posts analyzed
memecoins perps > @PerpsPadfun uses coins trading fees as a collateral for a LONG perps trading on @PhoenixTrade > the PnL from the trade position buys back the coin and burns it they just crossed $30K collateral on their main token, opening a $130K SOL long on Phoenix
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AI visual note: A trading dashboard on Phoenix Trade displays a $131.12K total exposure for a 100% SOL long position, supported by $30.22K in collateral balance, showing $12.18K realized PnL (+3.93%) against -$3.17K unrealized PnL (-1.02%). This aligns with the post describing PerpsPadfun using trading fees to collateralize a $130K SOL long on Phoenix, with $30K+ in collateral backing the position.