Punch in the journal

What's been written about Punch. The numbers stay on the product page.

1. Feature · Sep 2026 · Punch

   Vaults and margin are live. Perps are a paper.

   punch.markets ships vaults and onchain margin on Robinhood and Base. Flow KLP still takes deposits. Isolated perps and lose-to-earn are published design, not a live desk. Punch is moving; the layers are not the same product.