How it works
Trade for the crown.
A spot and perpetuals terminal with a live realized-PnL competition. The winner’s coin launches and graduates automatically when the fee-funded pot is full.
Half of each 1% Badabing spot fee drips in.
- tony_44+$142.80
- pauly+$91.12
- sil+$38.05
Highest verified realized PnL wins.
PONS launch and graduation happen automatically.
A round, start to finish
No launch form. No pasted transaction hash. The game settles itself.
- 01
Activate your dedicated account
Log in, create your dedicated Badabing execution account, and fund it. That single account binds spot fills, linked Lighter activity, PnL, and rewards to you.
- 02
Trade spot, perps, or both
Spot ranking uses confirmed, score-eligible base-asset round trips. Perps ranking uses fully synced Lighter realized PnL after fill fees and funding.
- 03
Highest settled PnL takes the crown
Spot and perp realized PnL are added together. The round has no countdown: it closes when the launch pot reaches the threshold shown on the leaderboard.
- 04
Launch and graduation are automatic
After a public one-hour verification window, the vault launches the winner coin on PONS, buys it through graduation, creates its Uniswap market, and starts a seven-day winner grant in one settlement transaction.
Where the money goes
One Badabing spot fee, split down the middle.
Each eligible spot execution charges a 1% Badabing fee. Perpetuals keep Lighter’s own fill fees and funding, which are included in perp PnL instead of funding this pot.
The active pot threshold is fixed for the round and shown live on the leaderboard. A threshold change is staged for a future round; it cannot move the finish line mid-round.
What counts
The board uses settled, attributable results.
Compete on realized performance
Open positions and paper gains do not decide the winner. The board ranks settled results that the indexers can verify and replay.
Combine two products
A profitable spot round trip and Lighter perp PnL contribute to the same combined score, so traders can specialize or use both.
Follow the public board
The live leaderboard exposes spot, perp, and combined realized PnL. At close, Badabing commits the winner and score artifact before settlement can execute.
Share fees by holding BDB
Half of Badabing's spot fee is reserved for the winner-launch pot. The other half is allocated to eligible BDB holders under the on-chain distribution rules.
Follow one round
Meet Tony.
- 01
Tony activates and funds his dedicated Badabing account. He also links its matching Lighter account and waits for trade and funding history to finish syncing.
- 02
He closes a profitable base-asset spot round trip and a profitable perp position. Confirmed spot PnL, Lighter realized PnL, fill fees, and funding reconcile into his combined score.
- 03
Eligible spot trades keep sending half of Badabing’s 1% fee to the pot. When the live threshold is reached, the round closes with Tony at the top of verified realized PnL.
- 04
Badabing publishes and commits the score artifact. The on-chain vault enforces a one-hour challenge window; nobody needs to submit a launch form or paste a transaction hash.
- 05
Settlement automatically creates Tony’s winner coin through PONS, spends the round budget on it, graduates it to Uniswap, and records Tony’s purchased token grant. He can claim that grant linearly over seven days, while the next round begins.
Know the boundary
Real money means real risk.
Spot
Launch tokens can be thin, volatile, and fall to zero. Quotes can move before a transaction confirms.
Perps
Leverage magnifies losses. Liquidation, Lighter fill fees, and funding all affect your result.
Winner coin
Automatic launch and graduation execute the game rule; they do not guarantee liquidity, price, or profit.
The few words worth knowing
Plain-English glossary.
- Dedicated account
- The execution account Badabing uses to attribute fills, PnL, and winner rewards to one user.
- Realized PnL
- Profit or loss locked in by closing a position or completing a tracked round trip — not an open-position estimate.
- The pot
- The winner-launch budget funded by half of each 1% Badabing spot fee.
- The crown
- First place in combined verified realized PnL when the pot reaches its threshold.
- Graduate
- Moving the automatically launched PONS coin from its launch curve into a full Uniswap market.
- Vesting
- The winner receives the pot-bought token grant gradually over seven days rather than all at once.
- BDB
- Badabing's token. Eligible holders share the other half of the Badabing spot fee.
- Challenge window
- The one-hour delay in which the committed winner and public score artifact can be checked before settlement.