111 Punk traits.
One permanent collection.
One live bid.
A single ETH bid stands open for any Punk that carries an uncollected trait, funded by trading fees on the official pool. Any owner of an eligible Punk can accept it. If the market returns the Punk, it goes back to circulation. If not, it enters the immutable vault and one more trait becomes permanently collected.
The bid grows through official $111 trading until an eligible Punk owner accepts.
Any eligible Punk owner can accept the bid, listed or unlisted.
How the loop works.
Trade
Fees on trades in the official pool feed the live bid. 5% of every swap is skimmed for the bid in the same transaction and metered into the standing offer.
Accept bid
Any eligible Punk owner can accept the live bid: they list the Punk to the protocol at up to the bid, and collect the price from the Punk market.
Return auction
The Punk enters a 72-hour return auction, giving the market an opportunity to keep it in circulation. Anyone can bid a premium over what the protocol paid.
Two endings
If the market bids, the Punk returns to circulation: 65% of what the protocol paid refills the live bid, 25% buys and burns $111, and the rest accrues toward future burns. If no bid clears, the Punk is vaulted and the recorded target trait becomes permanently collected.
No deadline. The work runs until all 111 traits are permanent, or settles where the remaining traits are held by owners who refuse the bid.
Read the full protocol →The artcoin for Permanent Collection.
- Market Cap
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- Price
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Trades route through Uniswap V4 with the artcoins hook. Sell orders use a single Permit2 signature, no separate approval transaction.
Token: 0x61C9…B8aeDexscreener ↗
Official $111 trading feeds the live bid and backs the protocol leg that supports the Permanent Collection treasury and the artcoins LAYER burn. Up to 0.25% of volume can route to a referrer if a swap carries attribution.
Return auction settlements fund $111 buy-and-burns, and the transfer tax on side-venue buys is burned when a Punk is vaulted.
The tokenURI renders the live state of the collection. As the protocol runs, the artwork updates.
$111 is the collection's ERC-20. It does not redeem for vaulted Punks and does not control the vault.
6.5% all-in fee, per swap
- live bid5.00%
- liquidity (LP)0.50%protocol owned LP fees go to the live bid
- team0.65%
- swap referral0.25%build on the protocol and earn
- artcoins protocol0.10%$LAYER burn
Only the official pool feeds the protocol. Open full trade page →
Explore the 111 trait slots.
Each slot represents one Punk trait. The collection page shows which traits are uncollected, which are in return auction, and which are permanent.
0 of 111 Proofs issued. Every vaulted Punk leaves a Proof. See the wall.
Open collectionA vaulted Punk cannot be withdrawn.
No admin withdrawal. No governance withdrawal. No emergency exit. No upgrade path that can reach it.
Permanent traits depend on permanent custody.
PunkVault 0x3614692b8C8B22890D66a5DfcBc6F6eAdEdE036f · Ethereum mainnet · live since June 2026 · on-chain SVG, rendered per read · MIT · Verify the contracts →