EVERYONE STARTS ON PAPER
You get a funded practice account of $10,000 and a week
to use it. Real market data, real order books, simulated fills. Nothing you do
can lose a cent, and nothing asks for a key.
At the end you get a table of which markets actually paid you and
which quietly bled — then you decide whether to go near real money at all.
START THE PAPER WEEK
⬇ DOWNLOAD THE BOT
No deposit. No API key. No card. Runs on your own computer —
the paper bot cannot place an order, because the code that
signs orders is not in the download. Check for yourself: there is no
signer.py in it.
There is a separate live bot for real money, and you only get it after
finishing a paper week, funding your own account and linking your own key.
It is a different file on purpose, so the sentence above stays true.
WHAT THE BOT ACTUALLY DOES
📏
QUOTES BOTH SIDES
It parks a buy order and a sell order inside the gap between the best bid
and the best ask. When both fill it has bought low and sold high on the same
asset. It is not betting on direction.
🧭
PICKS ITS MARKET
It scans every market on the venue and refuses any that fails eight safety
gates. The binding one: the spread must be at least
3× how far price moves in a minute. Most markets fail.
🛑
SITS OUT
When nothing qualifies it holds no position and quotes nothing, and tells you
why. Most days that is the correct answer. A bot that always trades is a bot
with no standard.
THE PART OTHER SITES LEAVE OUT.
Market making earns a small edge many times and loses badly when price runs one
way. Our own measured runs show both: +5.5 bps per
trade in a quiet market and −5.9 bps in a
trending one, same settings, same asset, same day. The week on paper is there so
you find out which kind of week you are in before it costs you.
HOW THE WEEK WORKS
1. TUNE
DAY 1
Move the dials and watch the projection update against live market conditions.
How wide you quote, how much per order, when to cut. It tells you when a
setting is outside anything we have measured.
2. RUN
DAYS 1–7
The bot trades your settings on a $10,000 paper account, rotating between
markets as the edge moves. Every fill is recorded, including where the price
went in the thirty seconds after.
3. READ IT
DAY 7
A breakdown per market: fills, volume, profit, and profit per unit of volume.
The last one is the number that matters, because it compares markets you spent
six hours in against ones you spent six minutes in.
WE NEVER HOLD YOUR MONEY.
There is no deposit here and no wallet is ever created for you. When you eventually
go live you fund your own Lighter account and link a trading API
key — a key that cannot withdraw, because withdrawals need a signature
from your wallet that the key does not have. Revoke it on Lighter at any time and our
access dies instantly, without asking us. We never accept a seed phrase.
ONE ACCOUNT PER PERSON
Lighter's rules ban "operating or controlling multiple accounts to earn
additional points" and "trading between commonly controlled accounts",
and they can reverse points after awarding them — before,
during, or after the program.
So: one account per person, your own funds, your own key, real orders into the real
book. Slower than the schemes going round, and it still stands when they get zeroed.
READ THIS BEFORE YOU FUND ANYTHING.
- Automated trading with leverage on volatile assets. You can lose money, and
more than you expect if the market gaps.
- Our results come from a handful of hours of simulation on one asset. That is a
small sample and it may not hold.
- Points are worth an unknown amount. The pool is 11 million LIT
tokens; the number of points it will be split between has never been published
and the program is days old. It may be worth very little.
- Robinhood Chain restricts 18 regions from both trading and
points, including the US, UK, Canada, Singapore, Switzerland and the UAE.
Check you are eligible before funding anything.
- Not investment advice. Nobody here is your financial adviser.