Vanilla Finance has rebranded to Superp, a decentralized perp trading platform focused on meme coins and high-volatility tokens.

It offers up to 10,000× leverage with no liquidation risk, using isolated margin and profit swap mechanics across three main products: Meme Perp, Alpha Perp, and NoLiquidation Perp.

Both Binance and Bitget are participating in the $SUP launch. Binance is airdropping tokens via its Alpha program, though the reward structure is unclear and tied to high point requirements. Bitget, on the other hand, is running its Candybomb event, where users can receive up to 2,000 $SUP by trading $SUP, $XLM or $LINK .

Superp is backed by Binance (via MVB), HTX Ventures, and others.