how memecoin firm works

This is the distinction worth reading twice, because the site mixes both on purpose.

• ·Your trades are simulated. Entering gives you a virtual cash balance. Buying a coin does not send an order to a DEX and does not touch the real pool — the fill is recorded in our database and priced against the live market. Nothing you do here moves a real chart.
• ·The prices are real. Every mark comes from live on-chain market data, so your position rises and falls with the actual coin.
• ·The money is real. Entry fees are USDC transfers on Solana, verified on-chain before you are seated. Prizes are USDC transfers back out.

Every tournament works the same way, and only the numbers change between formats.

• ·Enter. Pay the entry fee in USDC, or join the free roll for nothing. One entry per account per run.
• ·Trade. Everyone starts with an identical virtual stack and trades any listed coin until the clock runs out.
• ·Rank. The board sorts on equity. Since every player starts from the same balance, that is the same ordering as percent return.
• ·Get paid. When the window closes, everyone in the top 20 who finished up is sent 0.5% of their own profit as USDC.

A payout is a share of your own profit, not a slice of a purse. Finish inside the top 20 and up on the session and you keep 0.5%of what you made. Finish down and you are paid nothing, whatever your rank — a simulated loss costs you nothing beyond the entry fee, so it is not netted against anyone else's winnings.

The funded pool is the hard ceiling on all payouts combined. The pool is the entry fee multiplied by the number of players, plus any sponsor contribution, and a free roll has a $0 pool unless someone sponsors it. Whatever is left after every profit share is paid is retained by memecoin firm.