Rules of the arena

A round starts at 11:00 and 23:00 UTC and runs 12 hours: when one ends, the next begins. Your balance starts fresh every round. Enter for $15 worth of $ARENA: the amount follows its market price, refreshed every 5 minutes, and is sent from your wallet straight to the pot wallet on Robinhood Chain: before it starts, or while it runs with at least 6 hours left (you get the same $1,000, with less time to use it).

One wallet, one entry per round. A round runs even with only a few fighters in; if fewer than 4 are in when it ends, it is called off and every entry goes back.

one token for everything: $ARENA pays entries, 1v1 stakes, prizes and boosts. Of every pot, 85% goes to the winners, 5% is burned, 10% is the platform fee.

Prices only ever come from the live market. Your browser never sends a price.

Every order is priced when it arrives and again about 3 seconds later, and you get the worse of the two. Seeing a pump on a faster screen and racing the round doesn't pay.

Trade Arena knows how deep each coin's pool is. A big buy in a thin coin moves its own price, just as it would on chain. Your own buys and sells move your price, so splitting one order into twenty small ones gets the same fill. That effect fades by half every 30 minutes.

Every fill costs a 1% fee, and the coin's own buy or sell tax applies.

One coin can take at most 3% of its curve's depth from you (1% once it trades in a pool, where moving the price costs less). Coins with a pool under $1,000, coins flagged as honeypots and coins your own wallet launched (on the EVM chains, where your wallet is the same address) can't be bought.

Your balance is your cash plus what your bags would fetch if you sold them now (a huge bag in a tiny pool is worth what that pool can pay). The standings update every minute. Fighters above their starting balance are the bulls, the ones below it the bears.

When the round ends, a bag still open counts at the lower of its last price before the end and its 30-minute average, so a pump in the final seconds counts for nothing. A coin too new for that counts at the lowest price seen.

The top three win 40 / 30 / 15% of the pot. With fewer than three eligible fighters their shares are scaled up, so the winners' 85% is always paid out in full.

5% of the pot is sent to the dead address: burned for good. The other 10% is the platform's fee. Every payout and burn is linked in the ranks.

Prizes go to the wallet you entered with once the round's review is done (it starts 35 minutes after the end): the review looks at the top of every round before anything is paid.

• One person, one wallet. Fighting with several wallets gets all of them disqualified.
• At least 10 trades to win, each of at least $5.
• The top of every round is reviewed before anyone is paid: accounts on the same network, wins that all came from one tiny coin, dips bought right before they recovered, and pumps that collapsed right after someone sold.
• Moving a coin with real money to win a round is cheating, and gets you disqualified.
• A disqualified spot passes to the next eligible fighter. The review's decision is final.

Pick a stake (500, 1,000, 5,000, 10,000 $ARENA) and a length, pay your stake and send the duel's link. Whoever opens it, signs in and pays the same stake takes it, and it starts that moment: $1,000 each, traded exactly like a round. A duel's balance is its own.

The better balance at the end takes 90% of both stakes; 5% is burned; 5% is the platform fee. It is sent to the winner's wallet by itself the moment the duel ends: no review.

at least 1 trade or you forfeit · a dead heat or no trades at all: both stakes go back · nobody takes it within 24 hours, or you cancel first: your stake goes back