BTCBTC$81,166.5▲|
ETHETH$2,412.7▲|
LINKLINK$12.27▲|
ENAENA$0.1981▲|
GLDGLD$382.12▲|
SLVSLV$51.58▲|
USOUSO$162.21▲|
SPYSPY$762.83▲|
QQQQQQ$708.94▲|
SGOVSGOV$101.28▲|
EWYEWY$150.28▲|
TSLATSLA$354.46▲|
NVDANVDA$214.59▲|
AAPLAAPL$343.01▲|
AMZNAMZN$249.16▲|
GOOGLGOOGL$339.85▲|
METAMETA$710.17▲|
MSFTMSFT$528.87▲|
COINCOIN$173.14▲|
MSTRMSTR$136.90▲|
PLTRPLTR$186.15▲|
AMDAMD$530.17▲|
TSMTSM$413.45▲|
ASMLASML$1,641.0▲|
BABABABA$108.63▲|
ORCLORCL$128.86▲|
INTCINTC$89.59▲|
MUMU$881.09▲|
GMEGME$26.78▲|
IONQIONQ$31.28▲|
RGTIRGTI$11.86▲|
RKLBRKLB$50.64▲|
CRCLCRCL$82.24▲|
CRWVCRWV$61.31▲|
CLSKCLSK$8.38▲|
DELLDELL$451.17▲|
NBISNBIS$165.12▲|
SNDKSNDK$1,298.8▲|
SPCXSPCX$145.44▲|
USARUSAR$10.51▲|
PONSPONS$0.3157▲|
AIAI$0.0985▲|
CASHCATCASHCAT$0.1104▲|
BTCBTC$81,166.5▲|
ETHETH$2,412.7▲|
LINKLINK$12.27▲|
ENAENA$0.1981▲|
GLDGLD$382.12▲|
SLVSLV$51.58▲|
USOUSO$162.21▲|
SPYSPY$762.83▲|
QQQQQQ$708.94▲|
SGOVSGOV$101.28▲|
EWYEWY$150.28▲|
TSLATSLA$354.46▲|
NVDANVDA$214.59▲|
AAPLAAPL$343.01▲|
AMZNAMZN$249.16▲|
GOOGLGOOGL$339.85▲|
METAMETA$710.17▲|
MSFTMSFT$528.87▲|
COINCOIN$173.14▲|
MSTRMSTR$136.90▲|
PLTRPLTR$186.15▲|
AMDAMD$530.17▲|
TSMTSM$413.45▲|
ASMLASML$1,641.0▲|
BABABABA$108.63▲|
ORCLORCL$128.86▲|
INTCINTC$89.59▲|
MUMU$881.09▲|
GMEGME$26.78▲|
IONQIONQ$31.28▲|
RGTIRGTI$11.86▲|
RKLBRKLB$50.64▲|
CRCLCRCL$82.24▲|
CRWVCRWV$61.31▲|
CLSKCLSK$8.38▲|
DELLDELL$451.17▲|
NBISNBIS$165.12▲|
SNDKSNDK$1,298.8▲|
SPCXSPCX$145.44▲|
USARUSAR$10.51▲|
PONSPONS$0.3157▲|
AIAI$0.0985▲|
CASHCATCASHCAT$0.1104▲|

Protocol

Live pool, insurance fund and open interest — all in MAXX.

LP Liquidity
—
Insurance Fund
—
Payable Liquidity
—
Total Staked
—
Lifetime Rewards
—
Positions Opened
—
Win Fee
2%
Payout Status
Instant
Market (43)
Long OI
Short OI
Max Lev
BTCcrypto
—
—
1000×
ETHcrypto
—
—
1000×
LINKcrypto
—
—
1000×
ENAcrypto
—
—
1000×
GLDcommodity
—
—
1000×
SLVcommodity
—
—
1000×
USOcommodity
—
—
1000×
SPYetf
—
—
1000×
QQQetf
—
—
1000×
SGOVetf
—
—
1000×
EWYetf
—
—
1000×
TSLAstock
—
—
1000×
NVDAstock
—
—
1000×
AAPLstock
—
—
1000×
AMZNstock
—
—
1000×
GOOGLstock
—
—
1000×
METAstock
—
—
1000×
MSFTstock
—
—
1000×
COINstock
—
—
1000×
MSTRstock
—
—
1000×
PLTRstock
—
—
1000×
AMDstock
—
—
1000×
TSMstock
—
—
1000×
ASMLstock
—
—
1000×
BABAstock
—
—
1000×
ORCLstock
—
—
1000×
INTCstock
—
—
1000×
MUstock
—
—
1000×
GMEstock
—
—
1000×
IONQstock
—
—
1000×
RGTIstock
—
—
1000×
RKLBstock
—
—
1000×
CRCLstock
—
—
1000×
CRWVstock
—
—
1000×
CLSKstock
—
—
1000×
DELLstock
—
—
1000×
NBISstock
—
—
1000×
SNDKstock
—
—
1000×
SPCXstock
—
—
1000×
USARstock
—
—
1000×
PONSmeme
—
—
25×
AImeme
—
—
10×
CASHCATmeme
—
—
10×

Pool solvency

Live, verifiable backing for every winning payout — no payout queue, ever.

MAXX-backed
LP Liquidity
—
Insurance Fund
—
Payable Liquidity
—
Net Exposure
—
Coverage ratio—
0%50%100%+
100M MAXX committed to the payout + insurance backstop

How payouts stay instant

Every settlement feeds the pool + an insurance backstop — so a winning close is never parked in a FIFO queue.

Zero payout queue
When a trader loses

Margin flows in and thickens the house

LP pool90%
Insurance fund10%
When a trader wins (2% fee)

Winner paid in full, instantly — fee split 3 ways

LP pool50%
Insurance fund30%
$MAXX stakers20%
Payout queue
0
by design
Insurance / backing
—
share of payable
Settlement
100%
in MAXX
MAXX pays winners from the pool + insurance fund the moment they close. Papertrade parks unpaid profit in a first-in-first-out queue until later traders lose enough to refill the pool — “a delay, not a cut, but nothing says how long.”

Liquidation map

Open-position liquidation notional (MAXX) by price band
Mark$81,166.5
Open-interest liquidation levels appear here once trading is live on mainnet.
Long liquidations (below) Short liquidations (above)

Live trades

live feed
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