$4,000 into $6.63M: a 90-minute perps competition at DAS NYC
Eight traders, each staked $500, opened and closed 81 real perpetual positions in one 90-minute session. Every fill settled on-chain on Base.
At the Digital Asset Summit in New York, Battle Trade ran a private, invite-only trading competition. Eight players, several as two-person teams, were each staked with $500 and traded perpetuals under preset high leverage in a last-survivor format decided on P&L. Ninety minutes, one winner.
The numbers
The cohort produced $6,630,595 of round-trip leveraged notional across 81 trades in a single session, an average round-trip of $81.9K. Every fill is verifiable on-chain on Base via Avantis. BTC carried 69.7% of volume, SOL 28.1%, with the rest split across USD/JPY, ETH, gold, oil, and memecoins.
| Asset | Trades | Volume | Share |
|---|---|---|---|
| BTC / USD | 36 | $4,621,815 | 69.7% |
| SOL / USD | 26 | $1,862,491 | 28.1% |
| USD / JPY | 3 | $74,847 | 1.1% |
| ETH / USD | 5 | $40,192 | 0.6% |
| Gold, oil, memes | 11 | $31,251 | 0.5% |
How they traded
Average leverage was 157x. Thirty-eight trades, 47% of the field, ran at 100x or higher. The long/short split was 49 to 32. The largest single position was $310,000, and the largest round-trip was $620,132.
Near-flat P&L is the signature of a real contest
Net cohort P&L was -$521.62 across $6.63M of routed notional. That near-flat number is the expected signature of a genuine two-sided competition, not a one-way pump. Everyone was trading against everyone. The skill showed up in the spread across the leaderboard, not in the aggregate.
| Trader | Trades | Volume | P&L |
|---|---|---|---|
| Reva + Shoen | 19 | $2,029,855 | -$10.95 |
| Narb | 10 | $1,355,653 | -$175.04 |
| TH | 11 | $1,257,263 | -$155.35 |
| Zach | 19 | $1,203,551 | -$125.07 |
| Ishan + Matt Bond | 8 | $205,787 | +$17.73 |
“The smallest unit of the format is eight wallets for 90 minutes. It scales by adding traders, extending the session, and running competitions concurrently.”
Compete on 60+ live markets with paper money. No wallet, no card, first match in under a minute.
Enter a competition