Create tokens on constant-product curves. Trade with instant settlement. Withdraw to real Bech32m Taproot addresses (prl1p...). Pearl L1 has no smart contracts—PRL Vault provides the infrastructure.
Constant-product AMM curves with automatic graduation to internal liquidity pools
Set ticker, supply, and creator fee share (0-10%). Token launches on bonding curve with initial virtual liquidity.
Buy/sell with automatic price discovery. Platform fee: 100 bps. Creator fee: configurable. Zero gas—instant settlement.
When market cap hits threshold (10k/50k/100k PRL), token migrates to internal liquidity pool. Deeper liquidity, tighter spreads.
Graduated tokens trade in custodial liquidity pools. PRL Vault maintains reserves and order book. No on-chain execution.
Every user gets a Bech32m Taproot deposit address. 63 characters, starts with prl1p (mainnet) or tprl1 (testnet). Private keys encrypted with AES-256-GCM.
TOTP two-factor authentication mandatory before withdrawals. Setup during onboarding. No withdrawals without valid 2FA token.
Withdrawals ≥$1000 USD equivalent require manual admin approval. Prevents large unauthorized transfers. Balance credited after approval.
Fixed network fee per withdrawal (configurable). Covers Pearl L1 transaction costs. Displayed before confirmation.
Pearl L1 has no smart contracts. It's a Bitcoin-like Proof-of-Useful-Work chain. On-chain AMMs, token contracts, and DeFi primitives aren't possible on the base layer today.
PRL Vault provides the infrastructure. We run custodial bonding curves, internal liquidity pools, and order matching off-chain. Pearl is used only for deposits and withdrawals.
Trade-off: You trust PRL Vault to custody your keys and maintain accurate ledgers. In return: instant trading, zero gas fees, bonding curve launches, and liquidity pools—features Pearl L1 can't support natively.
Future smart contract layers (L2/sidechains) may enable non-custodial alternatives. See L2 roadmap for technical discussion.
Private keys encrypted with AES-256-GCM. TOTP secrets encrypted. Passwords hashed with bcrypt (12 rounds).
All balance changes, withdrawals, and admin actions logged with timestamps. Immutable audit trail.
API endpoints rate-limited per user. Failed login tracking. Cooldowns on high-frequency trading.