Paper trades. Real rewards.
Get $1,000 in paper every two hours, trade the coins trending on Fomo, and split a real reward pool if you finish in the green.
How it works
One epoch every two hours. Same start for everyone.
- Step 1
Hold the token
Keep at least in your wallet on Robinhood Chain. Signing in is a message signature: no transaction, no gas.
- Step 2
Trade Fomo's trending list with $1,000 paper
Each epoch opens markets on the coins trending on Fomo. Go long or short with up to leverage.
- Step 3
Positive returns split the pool every 2 hours
At settlement every eligible wallet in the green shares the real reward pool, in proportion to its return.
Trending this epoch
The list is snapshotted from Fomo when the epoch opens and stays fixed until it settles.
How the pool is split
Only positive returns count. Each one is capped at so a single lucky trade can't take the whole pool, then the pool is divided in proportion to those capped returns.
- capped
- = min(your return, cap), or 0 if negative
- share
- = capped ÷ everyone's capped, added up
- reward
- = pool × share
Zero and negative returns get nothing. Amounts are paid in whole cents and always add up to the pool exactly. To be paid, a wallet must hold the token gate at every balance check of the epoch.
| Trader | Return | Counts as | Share | Reward |
|---|---|---|---|---|
| A | +150% | +100% cap | 57.1% | $1,142.86 |
| B | +50% | +50% | 28.6% | $571.43 |
| C | +25% | +25% | 14.3% | $285.71 |
| D | −8% | 0 | 0% | $0.00 |
| Total paid | $2,000.00 | |||
Rules
The short version. The same rules apply to every wallet.
- Leverage
- Isolated margin per position. One position per market.
- Max position
- Of your current equity as margin per market, pending orders included.
- Liquidation
- At a 90% loss of marginYou can never lose more than the margin you put in.
- Epoch reset
- Positions close at the mark, rewards are paid, everyone restarts at $1,000.
- Token gate
- On Robinhood Chain. Checked when you join, at random times, and at settlement.
- Fills
- Next fresh priceOrders fill at the first price fetched after you submit, never at an older one.
Recent epochs
All epochsQuestions
Is any real money traded?
No. Every position is paper: no orders reach an exchange and nothing leaves your wallet. The only real money is the reward pool paid out at settlement.
What do I need to join?
A wallet holding at least the gate amount on Robinhood Chain. You sign in by signing a message; there is no transaction and no gas.
Where do prices come from?
From live DEX prices of the coins on Fomo's trending list. Your order fills at the first price fetched after you submit it, so nobody can trade against a price they already know is stale.
What happens when an epoch ends?
Open orders are cancelled, every position closes at the mark, the pool is split across eligible positive returns, and a new epoch opens with a fresh trending list and $1,000 for everyone.
I finished positive but got no reward. Why?
Rewards need the token gate held at every balance check of the epoch: when you join, at random checks during the epoch, and at settlement. Dropping below it at any check removes the reward for that epoch; you can still trade.
Can I change leverage on an open position?
No. Adding to a position uses the same side and leverage. Close it first to switch direction or leverage.