Trade perps with paper money. Win real prizes.

Every day starts with 10,000 pUSD for everyone. Every trade earns points toward the $PAPER airdrop, and once the token launches the top traders of each round win the prize pool.

Read the docs

Leverage: up to 1000x
Starting balance: 10,000 pUSD, daily
Prices: Pyth, live
Round: 24h, resets 00:00 UTC
Prize: top 3 of each round
Airdrop: $PAPER, by points

Market	Price	Session	Max leverage
BTCBitcoin	--	--	1000x	Trade
ETHEthereum	--	--	1000x	Trade
SOLSolana	--	--	1000x	Trade

How a round works

00:00 UTCEvery account resets to 10,000 pUSD. Yesterday's result doesn't carry over.
During the dayTrade BTC, ETH and SOL. Close at least 5 trades to enter the ranking.
LiveThe leaderboard ranks everyone by return, including open positions.
24:00 UTCOpen positions settle, the ranking locks, the top 3 split the pool and points are paid out.

Today

0 trading

Nobody has qualified yet today. 5 closed trades gets you on the board.

Full leaderboard

Points and the $PAPER airdrop

Season 1 points decide the airdrop when $PAPER launches. There is no team allocation. Points are paid at the end of every round.

Full points table

Close 5+ trades in a round: +100
Finish the round in profit: +50
Finish in the top 1%: +1000
Win the round: +2000
Post your launch tweet: +250
Referrals: 10% of their points