Practice mode
Trade live Up/Down rounds with $10,000 in demo money. No wallet or deposit needed.
Where
On a phone, when you have no wallet or less than $1 and no open bets, the Up/Down list offers Practice first. The guided Options flow has the same switch.
What is real and what is not
| Real | Simulated |
|---|---|
| Prices, rounds and quotes | Fills: instant at the quoted price, no depth |
| Settlement: the first price after the round ends, not the on-chain settlement | |
| Balance: kept in your browser only |
Paradex and Derive routes are off in practice. Losing positions close at $0 on their own; winning ones need Claim, as in a real round.
A banner stays up: "Demo money on live prices. Nothing here is real." Cards and replays from practice carry a Practice badge.
After
Wins can be shared. After two or more wins the app offers to start for real with $5.