What is Supurr?

Supurr is a multi-service DeFi platform built on the Hyperliquid blockchain, specializing in short-term options trading. Formerly known as Buffer Finance, Supurr seeks to provide transparent, efficient, and user-friendly options trading with unique risk management strategies and leverage options compared to perpetual trading on typical DEXs.​

Key Products

A. Preps (Perpetual Contracts)

Supurr.app’s perpetuals (“perps”) product is a core offering, integrating with HyperliquidX to allow 24/7 leveraged trading on a variety of crypto assets. Perps trading brings:

1. Non-Expiring Futures: Trade contracts that never expire, mimicking spot markets with leverage.

2. High Leverage & Low Fees: Benefit from the speed and cost-efficiency of a Layer 1 decentralized exchange.

3. Smart Routing: Optimized order execution to minimize slippage and maximize capital efficiency.

B. AI Bots & Algo Trading

One of the most innovative aspects of Supurr is its launch of AI-powered trading bots and algorithms (“Algo Bots”):

1. AI-Driven Strategies: Employ bots that continuously monitor market conditions, execute trades, and manage risks based on pre-set parameters or learnings from live market data.

2. Automation for Everyone: Both crypto veterans and new users can set up bots in a few clicks.

3. Key features:Customized trading strategies with Risk management and auto-stoploss and Integration with reward points systems for gamified trading experience

The addition of these bots marks a major leap for non-custodial, on-chain DeFi automation, making sophisticated trading accessible to a wider audience.

Key Features

1. Short-Term Options Trading: Unlike perpetuals, Supurr allows users to trade short-dated options and it offers higher leverage than regular perpetuals. The platform also enforces fixed maximum loss thresholds, ensuring traders know their worst-case outcome for every trade.

2. Underlying Technology: Supurr utilizes Hyperliquid's high-performance infrastructure, supporting rapid and gas-free transactions. In Supurr trades and all operations are managed by smart contracts, providing transparency and auditability.

3. No Gas Fees: All trading activities are free from blockchain gas fees, making micro-trading and frequent activity sustainable for all users.

4. Manual & Automated Trading: Supurr offers both manual trading (for active users) and automated strategies, giving flexibility for all skill levels and trading styles.​

5. Rewards System: Trading activity earns users “points” (visible on the account dashboard), which may qualify for platform rewards, retroactive token airdrops, or other incentives. Also, users can create and share referral codes to earn rebates based on referred trading volume.

6. $SPR Token: The Supurr ecosystem plans to introduce its own native token ($SPR). Users actively trading and engaging with the referral system may be eligible for future airdrops and platform rewards.​

7. Wallet Integration: Supurr supports MetaMask and other Hyperliquid-compatible wallets. Supurr requires the $WHYPE (Wrapped HYPE) token on the HyperEVM chain for trading and platform activities. Users must wrap HYPE using the dedicated portal. Supurr’s minimum required trade size is 0.10 WHYPE, keeping the entry barrier low.

8. User Interface: Supurr is designed for beginners and advanced traders. The interface provides direct Up/Down directional trading, reducing complexity compared to traditional options platforms.​

Unique Advantages

1. High Leverage with Predefined Loss.

2. All data and actions are transparent and decentralized.

3. No Gas Fees make high-frequency trading practical.

4. Simplified decision-making and easy wallet integration, and trading action.

5. Early adopters may earn future platform tokens and incentives by earning points through active trading.

6. Updates are frequently announced on X/Twitter and other social channels.

How To Use Supurr: Step-by-Step

1. Set Up Your Wallet: Install MetaMask or another Hyperliquid compatible wallet. Obtain HYPE tokens (wrapped as WHYPE on HyperEVM).

2. Connect to Supurr: Visit Supurr’s trading portal, connect your wallet and verify your network settings.

3. Wrap Tokens If Needed: Wrap HYPE to WHYPE using the dashboard utility.

4. Start Trading: Choose your market direction (Up/Down), input trade size (minimum 0.10 WHYPE) and approve the transaction in your wallet.

5. Referral & Rewards: Create a unique referral code and share it with friends to earn rebates.

6. Monitor Points: Keep track of your points for potential future rewards and airdrop eligibility.

Risks and Considerations

1. Leverage can increase Losses because high leverage means greater risk. Users should learn options basics before trading.

2. Points/rewards system does not ensure definite airdrops; participation is speculative only.

3. It requires Hyperliquid Wallet Setup; new DeFi users may feel unfamiliar, even though guides are available on the main site.

Conclusion

Supurr is aimed as an alternative to centralized and perpetual-only trading platforms in the DeFi space. With a strong focus on short-term trading, defined risk controls, and future incentives for active traders through its points and referral system. As always, users should exercise proper risk management and start with small positions while learning platform mechanics.