Quick Start
Ready for some thrill? With Perpetual Battles you can speculate on your favourite Memecoins and exotic digital assets. Here's how it works:
Last updated
Ready for some thrill? With Perpetual Battles you can speculate on your favourite Memecoins and exotic digital assets. Here's how it works:
Last updated
Built on Arbitrum One we introduced perpetual battles as the first of many upcoming and innovative trading modes for our gamified options protocol.
Instead of the "traditional" dark and technical approach to options & perpetuals designs we decided to take a completely different approach - making options trading fun, easy and foremost rewarding to users.
Here's how it's done in 4 steps:
Select - Choose from Memecoins or any other trading pair of our ever expanding list of exotic assets and predict their price movements
Enter - Make your decision, pick your side (UP or DOWN) and enter the battle with your desired position size
Watch - Watch the market's price move and wait for the outcome of your battle
Claim or Rekt - Victory?! Claim your share of the battle pool or stay poor!
Predict token price movements and enter UP or DOWN battles with your desired WETH amount.
You can currently choose from two Memecoin battles: WIF/USD or PEPE/USD. Each Memecoin battle lasts for 3 minutes.
(45s) Pay-in phase: Make your battle entry during this phase
(2min15s) Locked phase: Watch the live token price and wait for the battle to end
Payout: If your prediction was correct you can claim your final payout after the locked phase ended and the battle pool has been resolved
Once you enter a battle, your entry amount is locked until the battle ends and the outcome is determined. Either you win and receive your entry amount multiplied by the final payout multiplier, or you lose and forfeit your entry amount.
More details: Mechanic and Pool Creation & Liquidation
Payouts depend on yours and others' pay-ins. Payout multipliers can change at any time during the pay-in phase as new users enter the battle pool. Your final payout multiplier gets locked after the pay-in phase ends.
Your UP Payout (if UP wins) = (Total Battle Pool / Total UP Entries) * Your UP Entry
Your DOWN Payout (if DOWN wins) = (Total Battle Pool / Total DOWN Entries) * Your DOWN Entry
Your Multiplier = Payout / Your Entry
Note: Calculations are net of fees.
More details: Payouts & Multipliers
Get in Early! The earlier you enter a battle the less fees you pay.
Fees increase linearly from 1.5 to a maximum of 3 percent by the end of the pay-in phase
More details: Fees
More details: Oracle Data
More details: Audit
For a more detailed step-by-step guide continue on the next page(s)...
All price data for Memecoins are provided by .
Our JuicyPerp smart contract have successfully completed a comprehensive smart contract audit by , one of the most renowned names in blockchain security.
Have a look into the FAQs or Troubleshooting. If you still encounter issues please create a ticket in our server.
