Degen Pets
  • Welcome to Degen Pets
    • Summary
    • Introduction
      • Target Audience
    • Gameplay Overview
      • Getting Started
      • The Trading Desk
      • Cyberpet Creation (Pet Adoption)
      • Unique Parameters
      • The Collection
      • Automated Trading
      • Mood Management
      • Earning $DGPT
    • Core Features
      • Pet NFTs
      • Market Simulation & Analysis
      • Badges & Achievements
      • Quant Lab
      • The Forge
      • Tournaments
    • $DGPT Tokenomics
      • Introduction
      • Supply & Distribution
      • Utility & Demand
      • Earning & Emission
      • Sinks & Burning
      • Liquidity Support
      • Phase 1 -> Phase 2 Shift
    • Technology & Security
      • Smart Contracts
      • Smart Contract Addresses
      • Off-Chain Infrastructure
    • Roadmap
    • Disclaimers
    • Frequently Asked Questions (F.A.Q)
    • Appendices
      • Badge List (Player & Pet)
      • Glossary
      • Item List
      • Pet Species List
      • Pet Strategy Details
      • Pet Affinity List
      • Player Guide
        • Guide: Your Goal & Getting Started
        • Guide: $DGPT Economy Basics
        • Guide: Your Trading Desk
        • Guide: Understanding Your Pets (Collection & Details)
        • Guide: Managing Mood & Using Items
        • Guide: Markets & Simulation
        • Guide: Forging Pets
        • Guide: Quant Lab
        • Guide: Tournaments Explained
        • Guide: Badges & Achievements
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On this page
  1. Welcome to Degen Pets
  2. Core Features

Tournaments

  • Regular Events: Weekly free-entry Standard Tournaments ranking players by Net PnL ($DGPT earned - lost on closed trades during the week), including a "Rekt Royale" bonus for the lowest performer. Prizes funded from a dedicated Tournament Pool.

  • High Stakes: Monthly Major Tournaments requiring a $DGPT Buy-in Fee (25 $DGPT). 75% of collected fees fund the prize pool for that event, and 25% are burned/paired with liquidity from royalty sales.

  • Variety: Rotating special events with unique rules (Species Showdowns, Timeframe Challenges, Market Madness, Consistency Challenge).

  • Community: Optional representation of partner communities on leaderboards accesable for players holding verified partner NFTs.

  • Note: Pets assigned to tournaments are not considered active in the trading desk, they can not be removed from the tournament until the end of said tournament. They still gain PnL which is claimable at the end of said tournament.

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Last updated 20 days ago