Dip bids · every coin of the pad and $hooks
Someone's dip bid is your floor
Two people want different things. A holder wants the pump but a cap on the loss. A dip buyer would buy the coin, only lower. Here one pays the other: the dip buyer locks BNB at their price, the holder pays a premium to make it a floor under the bag. Pump: keep your coins. Dump: hand them in and take the BNB.
The simple version: your coin is worth 1 BNB today and you fear it is worth half tomorrow. A dip buyer says "I would gladly buy it at 0.75" and locks that BNB in the desk. You pay them a small premium, and until the floor runs out you may hand the coin in for 0.75 at any time. Up: you keep the coin, they keep the premium. Down: you hand it in and take the 0.75. The BNB waits in the desk the whole time, nobody can touch it, and no oracle has a say.
- No oracle: real coins in, the agreed BNB out
- Every floor fully covered the moment it is sold
- Floors from 10 minutes to 7 days
01 · Dip buyer
Locks BNB at a price under the market
"I would buy this coin 25% lower." The BNB waits in the desk at that price and names a premium.
02 · Holder
Pays the premium for a floor
The right to hand coins in at that price for 1 hour to 7 days. The premium goes straight to the dip buyer.
03 · Pump
The holder keeps everything
The floor runs out, the BNB is free for the next holder. The dip buyer kept the premium.
04 · Dump
The holder hands the coins in
The coins go straight to the dip buyer, the locked BNB to the holder. The dip buyer got the dip at their price.
Floors on the board
Pick a coin: buy a floor under your bag, or bid its dip and earn the premiums.
0 BNB bid for dips · 0 BNB under open floors
| Coin | Market cap | Bid for dips | Highest floor | From | |
|---|---|---|---|---|---|
 pickhooks$hooks · the pickhooks token | $1.2M | 0 | n/a | n/a | Bid the dip |
 Captain Pickhook$PHOOK | $18K | 0 | n/a | n/a | Bid the dip |
 HODL$HODL | $15.4K | 0 | n/a | n/a | Bid the dip |
 LUCKYPOT$LUCK | $5.4K | 0 | n/a | n/a | Bid the dip |
 Cz Mode$CZ | $5.3K | 0 | n/a | n/a | Bid the dip |
| $4.8K | 0 | n/a | n/a | Bid the dip | |
 Useless Coin$USELESS | $4.4K | 0 | n/a | n/a | Bid the dip |
 devwhere$DEV | $4.4K | 0 | n/a | n/a | Bid the dip |
 Jackpot Coin$JACKPOT | $4.4K | 0 | n/a | n/a | Bid the dip |
 test$TEST | $4.4K | 0 | n/a | n/a | Bid the dip |
 接龙$JIELONG | $4.3K | 0 | n/a | n/a | Bid the dip |
 HookFish$HOOKFISH | $4.3K | 0 | n/a | n/a | Bid the dip |
 CZ CZ CZ SAHUR$TRIPLECZ | $4.3K | 0 | n/a | n/a | Bid the dip |
| $4K | 0 | n/a | n/a | Bid the dip | |
| $4K | 0 | n/a | n/a | Bid the dip | |
| $4K | 0 | n/a | n/a | Bid the dip | |
| $4K | 0 | n/a | n/a | Bid the dip |
15 coins without dip bids (their rules can refuse a send between wallets)
- $HOOKCAT · Max wallet
- $BOOKZ · Max wallet, Chapters
- $HOOKS · Max wallet, The club
- $4 · Max wallet
- $1 · Max wallet, The club
- $HOOK · Max wallet
- $LOCKED · Max wallet
- $SZN · Max wallet, Rising max wallet
- $HOOK · Max wallet
- $HOOKSDOG · Max wallet, The club
- $J · Max wallet
- $1 · Max wallet
- $HI · Max wallet
- $HOOKJ · Max wallet
- $TEST · Max wallet
The numbers
- Premium
- set by the dip buyer, up to 50% of what a floor covers
- Platform fee
- 10% of each premium, 1% of each hand in: 65% of it buys back and burns $hooks, 35% goes to the team
- Floor length
- 10 minutes to 7 days, fixed per bid
- Smallest bid
- 0.01 BNB
- Smallest floor
- 0.001 BNB covered
- Fair premium
- Black-Scholes from the coin's own hourly chart, shown next to every bid
Know the risk
- Dip buyer: a bid is a standing buy order. If the coin falls under your price, holders hand coins in and you own them at your price, even if the coin keeps falling. Close the bid or let it end to stop new floors.
- Holder: the premium is gone either way. To hand in you need the coins in your wallet before the floor runs out.
- Only coins whose rules never refuse a send between wallets carry dip bids, so no dip buyer can block a hand in.
- A new contract, tested on a BNB Chain fork against real coins, not audited by a third party yet.