What is Book of Meme?
Book of Meme is a meme coin on Solana, launched in March 2024 by the artist known as Darkfarms. It was presented as a project to store memes permanently on decentralized storage. The coin has no working product behind it, and its value rests on community interest.
The BOME perpetual tracks the price of Book of Meme, settles in USDC and never expires. It trades on Hyperliquid's main exchange. You can go long or short with up to 3× leverage, around the clock.
Contract details
- Market
BOME, main exchange- Tracks
- The price of Book of Meme
- Settlement
- USDC, no expiry
- Leverage
- 3× at any size
- Margin
- Cross or isolated
- Size step
- 1 BOME
- Funding
- Paid every hour
- Fees on Hypurr Desk
- 0.07% market, 0.04% limit
- Trading hours
- Around the clock, every day
Size a BOME trade from its stop
Hypurr Desk asks where your stop goes and how much of your account you are willing to lose there, then works out the size. An example at 0.000614, from when this page was built:
- Account
- $1,000.00
- Risk
- 1% = $10.00
- Stop
- 2% below entry, at 0.000602
- Size
- 761556 BOME ($467.60)
- Loss at the stop, fees included
- $10.00
- Leverage
- 3× cross, $155.87 margin
The stop sets the loss, not the leverage: leverage only decides how much margin the position ties up. Move the stop and the size follows, so a wider stop means a smaller position and the same loss. The stop is placed on the exchange with the entry. How risk sizing works.
Questions about BOME
What is the maximum leverage on BOME?
3×. Hypurr Desk sizes each order from your stop, so the leverage follows from how much you choose to risk.
How often is funding paid on BOME?
Every hour. When the rate is positive, longs pay shorts; when it is negative, shorts pay longs. The current rate is shown at the top of this page.
What does it cost to trade BOME on Hypurr Desk?
At the exchange's base tier, 0.07% of the position value for market orders and 0.04% for limit orders that rest on the book, including the 0.025% Hypurr Desk fee. There is no subscription and no sign-up.
Do I own BOME when I trade this market?
No. A perpetual tracks the price of Book of Meme and settles gains and losses in USDC. You never hold the coins, and positions can be closed out if losses use up their margin.
