Trading competitions on papertrade · Launching soon

Buy in.
Trade.
Compete.

Competitions from one hour to three days. Same buy-in for everyone. Paid out based on performance.

1h--:--:--
4h--:--:--
12h--:--:--
24h--:--:--
3d--:--:--

Pick your clock.

Every format runs at several buy-ins and in capital brackets, so you compete at your own size.

How it works.

Buy in

Pick a format, a buy-in and a bracket. USDC goes to escrow, the pot grows on the board.

Format4h · 12:00 UTC
Buy-in$25
Bracket$2,500 cap
Entered31 · pot $775
Buy in · $25

Trade the window

Trade papertrade markets from our terminal with the clock, the pot and your rank beside the chart.

ETH-PERPRank #3 · +6.4%
Time left02:14:09

Take the pot

Scores lock at the bell. The top three split the pot, paid in USDC on HyperEVM.

$3602nd
$6001st
$2403rd
Top 3 paidpot $1,200

The pot splits by finish.

1ST $600 2ND $360 3RD $240 48 × $25 · POT $1,200
Top 3 paid1st 50%2nd 30%3rd 20%
  • Buy-ins make the pot. Escrowed on HyperEVM until the bell.
  • Nothing off the top. Flagship competitions carry a guaranteed pot.
  • Top three take the pot. Half to the winner, then 30% and 20%.

Ranked on return, not bankroll.

return = ( realized PnL − fees ) / min( start equity, bracket cap )

A $500 account up $70 scores +14.0% and beats a $4,100 account up $303 in the $2,500 bracket, which scores +12.1%.

Window onlyOnly trades placed inside the competition window count. Deposits and withdrawals during it do not.
Custom challengesCreate a competition with another wallet. Set the buy-in, the window and the markets, then send the link.
Weekend tournamentsBigger fields, bigger pots. Larger prize pools every Saturday and Sunday.
Participation incentivesRewards for showing up. Enter competitions, climb the boards, and earn beyond the pot.

Questions traders ask.

What is Taikai?

Timed trading competitions on papertrade. Pay a buy-in, trade the window, and the top three split the pot.

Who takes custody of my funds?

Your buy-in sits in the competition escrow contract on HyperEVM until payout. Your trading capital never leaves your wallet. Positions live in papertrade's contracts under your own address, and we read fills from the chain to score you.

How are winners decided?

By return on eligible trades. Return is measured against the capital in your bracket, counting only trades placed inside the competition window. Deposits and withdrawals during the window are ignored.

Coming soon.

Follow along for the launch date and early access to the first competitions.