Start

How it works

Matched exposure, in plain language.

Long and short

A perpetual has no expiry. A long gains when the token’s USD price rises and a short gains when it falls. Your return is the price move multiplied by your leverage.

Matching

In the full design, exposure is matched: a long is paired against shorts, so the system holds no directional risk of its own. In paper mode that pairing is simulated, so your orders fill immediately at the mark.

What is real

Token list, prices, liquidity and volume come from live market data on Robinhood Chain.
Collateral, fills, fees, PnL and liquidations are simulated and stored in your browser.
No contract is called and no funds move.

Points

You earn 10 points per position opened, 1 point per 0.01 ETH of size, and 5 bonus points per profitable close.