10 marketsLive

Long the trader.
Not the trade.

Every listed fomo trader is a perpetual market. Take a long or short position on their performance, with leverage up to 100x.

$100,000 in paper collateral. Ten markets. No capital at risk.

Open the live UNIPCS terminal
Index
Seven day return on deployed capital, median filtered
Funding
Hourly. Longs pay shorts when mark exceeds index
Leverage
5x to 100x, tiered by realised volatility
Collateral
USDG on Robinhood Chain, or $100,000 of paper on the demo
How it works

Four decisions.
Standard mechanics.

Each listed trader has one perpetual market. Positions run continuously with no expiry, margin is isolated per position, and settlement references a published index.

01

Select a market

Ten listed fomo traders, one perpetual market each. The index is a trader's rolling seven day return on capital held in open positions.

+6 more
02

Take a side

Long a trader's performance or short it. Hourly funding transfers between the two sides according to where the mark sits against the index.

59% long41% short
03

Size the position

Maximum leverage is set per market from realised index volatility, ranging from 5x to 100x, and reviewed weekly.

5x10x25x50x100x
04

Settle on the index

Liquidations reference the median filtered index rather than the order book, so no single print can force a close.

-5.21%
Live exampleBURGZ-USDC · -5.21% in 24h

A 5x short position on Burgz opened 24 hours ago is currently +26.1%. The opposing side is −26.1%.

Before funding and fees. Leverage on BURGZ is capped at 5x this week by realised volatility. Open BURGZ →

Open interest
$258.4K
$113.87M traded in 24h
Biggest liquidation today
—
No liquidations in the last 24h
Most shorted trader
cat
76% of $29.4K OI is short
Demo accounts
8
0 liquidations in 24h
The index

Return on capital actually deployed.

The index is rolling return on deployed capital over a seven day window, not account balance. Balance can be moved with deposits and withdrawals; return on capital held in open positions cannot. Samples are taken every second and settled through a median filter, so no single print determines the price.

Read the index spec →
Definition
index = 100 + median5( PnL7d ÷ avg deployed capital7d ) × 100
PnL
Realised and unrealised, in USD, across the trailing seven days. Read live from fomo.
Deployed capital
Time weighted cost basis of open positions. Idle balances are excluded.
Median filter
The last five samples, covering 2.5 minutes. Every input is published on the market page.
Funding

Funding prices
the imbalance.

Longs pay shorts when the mark trades above the index, and shorts pay longs when it trades below. Every market publishes its own rate, settled hourly.

Leverage tiersReassigned weekly from realised index volatility
  • 100xno markets this week
    Daily vol
    < 1.5%
    Initial
    1.0%
    Maint.
    0.5%
  • 50xno markets this week
    Daily vol
    1.5% to 3%
    Initial
    2.0%
    Maint.
    1.0%
  • 25xno markets this week
    Daily vol
    3% to 6%
    Initial
    4.0%
    Maint.
    2.0%
  • 10xno markets this week
    Daily vol
    6% to 12%
    Initial
    10.0%
    Maint.
    5.0%
  • 5x
    Daily vol
    ≥ 12%
    Initial
    20.0%
    Maint.
    10.0%
Get listed

List your account. Earn the fees.

Traders are listed only with consent and earn a share of the trading fees on their market.

Paper or real money, one click apart

Every visitor starts on the demo with $100,000 of paper and no sign-in. Press Live in the terminal, sign in with a wallet, and the same markets trade in USDG on Robinhood Chain: deposits from your wallet, withdrawals back to it, every balance change on a ledger you can read.