01 · THE POSITION

These mechanics are real.
That’s the joke.

MARKETSOL‑PERP
SIDELONG
KEEPER RATIOunavailable
THE RAILSperpspad
THE RISKleveraged exposure
THE CATstill knows nothing
PUBLISHED FEE ALLOCATION 50% perp margin, 15% buyback and burn, 15% creator, 20% protocol
illustrated longcat portrait, spiral eyes
fig. 1: the cat, contemplating margin

There is a real perpspad treasury behind the joke. Fees support the position, buybacks and burns, the creator, and the protocol. The creator share can help keep the bots running, the lights on and the cattacular things coming.

02 · LENGTH IS LEVERAGE

The price line is the cat.

10,000 cats1,000 cats100 cats10 cats1 cat
chart where the price line is a long cat
time →(still going)

y‑axis denominated in cat‑lengths, as is standard. The line only knows one direction because the cat only has one direction.

03 · HOW LONG

Live measurements.

0pixels scrolled
0.00cats
0.0bananas
0solana blocks elapsed
100.0%your remaining attention span
melting longcat

All numbers are live. None of them will stop.

04 · THE SPLIT

Where the fees are allocated.

50%PERP MARGIN

Allocated to the leveraged position. The long has a food bowl.

15%BUYBACK & BURN

Allocated to buying and burning the token. Completed burns reduce supply.

15%CREATOR

The dev wallet’s share. It can support hosting, bots, art and new things for the cat.

20%PROTOCOL

Perpspad’s share. This is not a promise that the whole share burns $PERPSPAD.

Allocation displayed on LONGCAT’s perpspad page, checked 12 September 2026. This describes the published split, not a receipt for every transfer.

05 · HOW LONG IS THE LONG

Measuring the position…

STATUSCHECKING
CA
BORN ONpump.fun
RAISED BYthe perpspad keeper
FEE ROUTEperpspad allocation
POSITIONreading unavailable
FROM THE CHAINwaiting for a reading
TREASURY
$LONGCAT BURNED
SUPPLY REMAININGunavailable
FROM THE KEEPERnegotiating with the cat
REPORTED SIZEunavailable
COLLATERALunavailable
UNREALIZED PNLunavailable
REPORTED TAKESunavailable

The supply reading comes from Solana. Treasury balances are the tokens sitting in the perpspad sub-wallet, not the whole position. Position figures are reported by perpspad and can lag the venue. Its size-to-collateral ratio is not a live venue leverage measurement. A take counter is not net profit or proof of a completed burn. Open /position in the bot or follow the source to look closer.

WATCH THE KEEPER ON PERPSPAD →

06 · TAIL

GET LONG.

still going

LENGTH: 000000 px Memeum Explore
$LONGCATthe profecy is LONG
pet at your own volume

The original long scroll. Yes, it still meows.

$LONGCAT / places to be

Follow the cat.

One cat. Several departments.
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