Trading Room

A Trading Room has a pooled treasury (the Trading Fund) financed from key-trading fees and creator deposits. The room's creator places trades on behalf of keyholders. When keyholders vote to distribute, profits flow back pro-rata to everyone who's been staked for more than 24 hours.

The Trading Fund can be deployed across three venues:

How Trading Rooms Work

For Keyholders

1. Join a room: buy a key from a creator whose track record you like.
2. Follow the action: every trade, swap, or prediction shows up in the timeline with PnL.
3. Track performance: the trading dashboard shows live PnL, open positions, and history across all three venues.
4. Vote on distributions: stake your keys for more than 24 hours, then use /vote distribute when you want to take profit. See Staking and Voting.

For Creators

1. Create a room: pick the Trading type and configure a bonding curve. See Creating a Room.
2. Place trades: use chat commands or the per-venue drawers (Trade, Spot, Predict).
3. Earn fees: take a cut of every key trade and a performance fee on every successful distribution.
4. Build reputation: PnL is public. Top traders rank on the global leaderboard.

Trading Dashboard

The dashboard rolls up everything happening with the Trading Fund:

• Fund value: total balance across Base (USDC + spot positions), Hyperliquid (perp equity), and Polygon (Polymarket positions).
• Open positions: perps, spot holdings, and prediction-market positions in one view.
• PnL history: realised and unrealised, broken down by venue.
• Recent activity: a feed of opens, closes, deposits, and bridge transfers.

Fees and Profit Sharing

For the full schedule, see Fees.

• Key trading fees: a 10% fee on every key buy and sell, split between the Trading Fund (6%), creator (2%), and platform (2%).
• Performance fee: a 20% performance fee is taken on every distribution event, split between creator (15%) and platform (5%).

Security Model

• Creators can't withdraw the fund directly. The room wallet's keys are held server-side and only sign whitelisted contract calls (open/close on Hyperliquid, spot swaps on Base, orders on Polymarket, the distribution flow).
• Distribution requires 50% support. Half of all keys (staked + unstaked) must vote to distribute before the fund pays out.
• All activity is on-chain or in transparent venues: Hyperliquid fills, Base swaps, and Polymarket orders are all visible to any keyholder.
• Reserve floor: on every distribution, 10% of the post-fee balance stays in the fund as starting capital for the next cycle.

Bridging Between Venues

Funds need to be in the right place before they can trade: USDC on Base for spot, USDC on Arbitrum for Hyperliquid margin, pUSD on Polygon for Polymarket. The /bridge command moves balance between venues for you.

Each venue has its own minimum bridge amount. Check the bridge drawer before you send anything across, otherwise the transfer can bounce or sit unsettled.