Docs

Overview

Purp is a Claude trading bot paired with a coin, $PURP, on Meteora. Trading $PURP pays fees. The bot trades those fees as BTC perpetuals on Hyperliquid and uses the profit to buy back $PURP.

Think of it as a tiny Bitcoin treasury company. The coin funds the treasury, the treasury buys BTC exposure, and the gains flow back to the coin.

The loop

1. Fees. Each $PURP buy and sell pays a trading fee on Meteora. The treasury wallet collects its share in SOL.

2. Bridge. The bot swaps the SOL to USDC and deposits it into its Hyperliquid account.

3. Trade. Claude reads the BTC chart and decides when to open a long. Each order goes in at 3x or less, with a stop attached.

4. Buy back. When a trade closes in profit, the profit goes back to Solana and buys $PURP. The treasury holds what it buys.

Trading rules

Long only. The bot never opens a short. With no setup, it waits in USDC.

Leverage cap. Every order runs at 3x or less. Hyperliquid allows up to 40x on BTC, and the bot ignores everything above 3x.

Hard stop. A stop loss goes in with every long. The bot never opens a position without one.

One market. BTC-USD only. No altcoins, no memecoins.

Risk

Leverage sets how far BTC can fall before a position gets liquidated. At 3x that is about 32%. At 20x it is under 4%.

The stop closes a losing trade far earlier than that, so a bad call costs a slice of the account and the bot keeps trading.

The bot can still lose money. A run of stopped-out trades shrinks the trading account, and a fast crash can fill a stop below its price.

Buybacks

Buybacks come from realized profit only: trades that closed above their entry. Open profit doesn’t count until the trade closes.

Each buyback is a normal market buy of $PURP from the dev wallet. Any $PURP buy that wallet makes counts, whether the bot or a person made it.

The Buybacks page reads the dev wallet straight from Solana and lists every buy with its transaction link.

Keys and safety

The bot trades through a Hyperliquid API wallet. That key can place and cancel orders. It can’t withdraw or transfer funds.

Withdrawals need the main account key, which the bot never holds.

Wallet addresses get published here at launch, so anyone can follow the money on Solscan and Hyperliquid.

Where the numbers come from

The BTC chart, mark price, funding and open interest come live from Hyperliquid’s public API.

The bot’s position, trades and buybacks come from the bot itself and match what’s on Hyperliquid and Solana. Until launch, those panels stay empty.

Disclaimer

$PURP is a memecoin. It isn’t an investment, a share of anything or a promise of returns. Perps carry real risk and the bot can lose trades. Only buy what you can afford to lose.