What is Cabal Arena?
Cabal Arena is a four-week competitive battlefield where memecoin producers and traders, known as Cabals, battle it out for significant rewards. Each Cabal can have up to 100 members, led by a Leader who deploys up to four memecoins on designated bonding curve launchpads. Teams trade their own and others’ memecoins, coordinating strategies to secure the highest scores.
Who Can Participate?
- Token Producers (Cabal Leaders): Skilled memecoin producers can form and lead teams (Cabals), deploying memecoins for their Cabal to trade and coordinating the actions of team members.
To form a Cabal, the leader must hold at least 42 TON from the application date until the end of the competition. - Traders: Memecoin traders can join a Cabal through an invite link, code, or by submitting a request to join. They compete to achieve the best trading performance within their team.
- Market Makers
- Community
Rules
- Each Team (Cabal) consists of up to 100 members (wallet addresses).
- Throughout the battle, each team can launch up to four memecoins on the whitelisted bonding curve launchpads, the full list of which is available on the platform of the competition.
- Only memecoins launched from the registered deploy addresses of the Cabal Leader are taken into account.
- Only memecoins launched by participating teams during the season are taken into account.
- Participants trade both their own and others teams’ memecoins.
- The battle lasts four weeks.
- Ten teams will share the final prize pool which will be distributed between the Cabal Leader (10%) and 10-20 best performing team members (90%).
How Are the Results Calculated?
Individual Score: Based on personal profit/loss (PnL) and trading volumes, including trades on both their own and other teams’ memecoins.
Cabal Score: Composite of:
- Average of the top 10 individual scores in the team.
- Sum of trading volumes of the three best memecoins of the team.
- Sum of market capitalization of the three best memecoins of the team.
How Is the Reward Pool Distributed?
The prize pool starts at $350,000 and can increase to a maximum of $750,000 depending on the total trading volume:
- Milestone 1: $150,000,000 - Prize Pool: $350,000
- Milestone 2: $250,000,000 - Prize Pool: $400,000
- Milestone 3: $400,000,000 - Prize Pool: $500,000
- Milestone 4: $500,000,000 - Prize Pool: $600,000
If a team outperforms a professional market maker, the prize for that team is doubled.
How to Apply?
Participants sign up on the platform — https://cabal-arena.fun and either create a new team, becoming a Cabal Leader, or join an existing one. To register, they need to provide a wallet address which will be used for trading throughout the competition.
Applications will close 7 days prior to the end of the battle.
Disclaimer & Support
This information is subject to change throughout the competition. For assistance, contact @tonmemelandia2024 on Telegram.
Read More
For detailed insights, read the blog post here: TON Memelandia Launches $1.25M Memecoin Battles.