Clepsydra quotes longs and shorts on any Solana coin from one shared SOL vault, from BTC to a coin that launched an hour ago. Deposit SOL, collect the open fees, and every hour the funding drips back into your share.
Funding settles on the hour, every hour, UTC. Whatever the vault collected in that hour is split across depositors, pro rata, before the minute hand leaves twelve.
One water clock market-makes every perp on every Solana coin. Three steps, and each one is a plain-text message your wallet signs.
Connect Phantom and pour SOL into the vault. The deposit is a plain-text message your wallet signs; the vault books it under your address and your share starts filling at the next drip.
The vault posts a bid and an ask on every market and takes the other side of every long and short, up to 25x. A coin with a pool is a market the moment you paste its contract.
Every open pays 0.1% of its size into the vessel. On the hour the funding settles, and both fall through the spout into the depositors' cups, each cup sized by its share.
Every perp on Clepsydra is quoted by one vault, so a coin that launched an hour ago opens with real depth, fills in under a second and settles its funding every hour.
The figures every position on Clepsydra is priced with. They live in one file and the app reads the same file.
Majors are quoted from the SOL/USDC pool and the wrapped BTC and ETH pools on Solana. Any other Solana coin with a pool is a market too: paste its contract and the vault quotes it.
$CLEP is the coin of the water clock. It does not fill the vault and the vault does not fill it; it just sits next to the spout and watches the hour go round, like the rest of us.
Every perp on Solana. One vault drips behind it.