Rules & Risks
Your AUSD balance
Sign in with Mera and claim 200 testnet AUSD once per wallet. The claim is an actual AUSD transfer and appears after its transaction confirms.
A 5 AUSD duel transfers 5 AUSD to the prize pot and 100 AUSD to your isolated Perpl trading account. Your wallet therefore decreases by 105 AUSD when you join. The trading balance belongs to you and is separate from the prize.
You can lose your entry and some or all of the trading balance. No other wallet funds collateralize the account. The testnet tokens have no monetary value.
BTC Duel
Two players start with equal 100 AUSD trading balances. After a 15 second countdown, trade BTC for 60 seconds at 5x leverage. Long and Short submit real Perpl orders; Close reduces the actual position.
Opening orders use fill-or-kill and immediate-or-cancel with a 1% price limit relative to the current mark. A rejected order does not change the position. Closing orders are reduce-only and can fill partially; the game keeps retrying the remainder.
Perpl's actual fees, funding, order-book fills and liquidations affect the balance. Displayed order sizes are estimates. Practice uses virtual positions and has no stake.
Settlement and recovery
The round enters Closing at the bell. No new exposure is allowed. The pot is paid only once both accounts have no positions or locked orders.
The higher final Perpl balance wins. A 10 AUSD pot pays 9.75 AUSD to the winner and 0.25 AUSD to the treasury. Equal final balances refund both entries with no rake.
Your remaining trading collateral returns to your wallet separately from the prize. If a withdrawal is temporarily unavailable, use Recover funds from the result or report. Withdrawals always go to the original wallet owner.
Leaving an unfilled lobby returns entry and trading collateral. Unfilled lobbies expire after 5 minutes. If closing stays unavailable for 5 minutes after the bell, anyone can cancel the contest and refund the entries. Actual trading losses are not reversed; remaining collateral can be recovered when Perpl permits closing and withdrawal.
Passkeys and contracts
Mera derives an owner wallet from your passkey and a separate trading key for each match. The trading key can trade during the round; it cannot redirect collateral or spend the prize pot. The sponsor pays network fees for passkey and guest accounts.
Arena: 0xbD4F69440C3c5cb84769d74c595E33ca6044a414
AUSD: 0xa9012a055bd4e0eDfF8Ce09f960291C09D5322dC
Perpl: 0x1964C32f0bE608E7D29302AFF5E61268E72080cc
Testnet software. Contracts are unaudited. Guest wallets are stored in this browser and are lost if you clear its data.