BATTLE TRADE · DAS NYC
Confidential

This case study is password protected.

Prepared for the Coinbase Advanced team · settles on Base via Avantis
Battle Trade  ·  Private Competition Results
Private Competition · DAS NYC, March 2026
Results breakdown · Battle Trade platform

Ninety minutes of live perps.
Eight traders, one winner.

A private, invite-only in-game trading competition, run through Battle Trade's proprietary trading methodology and platform, hosted at the Digital Asset Summit in New York. 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. The competition produced $6,630,595 of round-trip leveraged notional across 81 trades in a single 90-minute session, every fill verifiable on-chain on Base via Avantis.

$6,630,595
Round-trip perpetuals notional · settled on-chain · 90-minute session
81
Trades on Avantis
8
Funded Base wallets
$81.9K
Avg round-trip
$4,000
Player capital staked

Volume by asset

AssetTradesVolumeShare
BTC / USD36$4,621,81569.7%
SOL / USD26$1,862,49128.1%
USD / JPY3$74,8471.1%
ETH / USD5$40,1920.6%
Gold, oil, memecoins11$31,2510.5%
Total81$6,630,595100%

Trader leaderboard · by round-trip volume

TraderTradesVolumeP&L
1  Reva + Shoen19$2,029,855-$10.95
2  Narb10$1,355,653-$175.04
3  TH11$1,257,263-$155.35
4  Zach19$1,203,551-$125.07
5  Charco4$426,808-$29.90
6  Ishan + Matt Bond8$205,787+$17.73
7  Luna4$131,516-$26.68
8  Flow + McVeigh6$20,161-$16.36
Cohort81$6,630,595-$521.62

Asset mix · by volume

BTC
69.7%
SOL
28.1%
USD/JPY
1.1%
ETH
0.6%
Other
0.5%
Crypto, FX, gold, oil and memecoins traded across the venue's full perp market list.

How the cohort traded

Average leverage157x
Trades at 100x or higher38 (47%)
Long / short split49 / 32
Largest single position$310,000
Largest round-trip$620,132
Net cohort P&L-$521.62
The competition is decided on P&L. Net cohort P&L of -$522 across $6.63M of routed notional is near flat, the expected signature of a real two-sided contest; the skill shows in the spread across the leaderboard.

What this means for a venue partner

Eight players, each staked with $500, competed in a 90-minute skill competition decided on P&L. They opened and closed 81 real perpetual positions, producing $6.63M of round-trip leveraged notional through the venue, every fill settling on-chain.

The Battle Trade platform drops a live, measurable volume funnel directly onto a partner venue's perp engine, with eight freshly funded wallets activated in the process. That routed volume converts straight to venue fee revenue, and the venue gains real on-chain activity and new active addresses. Battle Trade routes to whichever venue partner a competition runs with; this one routed to Avantis on Base, and every trade is verifiable on-chain.

This is a core capability of Battle Trade's proprietary trading methodology and platform, not a one-off. The platform runs private, invite-only competitions virtually or in person, in sessions as short as 90 minutes or async around the clock. Routed volume scales with trader-hours: this 90-minute, 8-wallet run is the smallest unit, and the platform scales by adding invited traders, extending the session, and running competitions concurrently.

Volume measured as venue-routed notional: every round-trip position counts both the opening fill and the closing fill, matching how perpetual venues compute trading volume for fee economics. Trade-level CSV available on request.

On-chain on Base, verifiable. All 8 wallets   0x7543...4F3f (Reva + Shoen) · 0x442e...a143 (Narb) · 0xA7C5...3729 (TH) · 0x3212...001F (Zach) · 0xDE0F...C94d (Charco) · 0x4807...03b2 (Ishan + Matt Bond) · 0xB790...f1e7 (Luna) · 0xb7f3...6d2E (Flow + McVeigh). Full trade-level data available on request.
Battle Trade · operated by Cracked Labs, Inc. Battle Trade platform · battle.fyi · e@crackedlabs.xyz