New here? Every term on the dashboard, in plain English.
An on-chain derivatives exchange. Trades settle on its own public blockchain, which is exactly what makes this challenge verifiable by anyone.
Recorded on a public blockchain anyone can read. No screenshots, no "trust me" — the record cannot be edited or faked.
Long means betting the price goes up. Short means betting it goes down.
Trading bigger than your cash by borrowing. 10x means $100 controls a $1,000 position — bigger gains, bigger losses, and a real risk of liquidation.
When a leveraged trade moves too far against you, the exchange force-closes it and the margin is lost. If it happens on this account, you will see it.
Realized (booked) is profit or loss locked in on closed trades, after fees. Unrealized is paper profit or loss on a trade that is still open and still moving.
Margin is the collateral backing a trade. Isolated risks only what is assigned to that one trade; cross uses the whole account balance as backing.
A small recurring payment between longs and shorts for holding a position. It is already included in the net P&L.
Current account value minus everything deposited — the true profit or loss, after all fees and funding.
The drop from a peak down to a low point — a measure of the worst dip along the way.