Guide and FAQ

COOKED runs free trading cook-offs on Hyperliquid prices. Everyone starts with the same points, positions stay sealed until the bell, and you can check the result yourself without trusting the operator.

This is a testnet prototype. Points and prizes are test tokens with no value. No real money is involved at any point.

Get set up (3 minutes)

1. Install a browser walletMetaMask on desktop Chrome works best. If you already use one, you're set.
2. Use a fresh accountIn MetaMask, click the account name, then Add account, then a new account. Don't connect a wallet that holds real assets. This one can stay empty: COOKED pays the gas.
3. ConnectClick Connect wallet at the top right and pick a chef name. That's a signed message, no gas.
4. Approve the test network when askedThe first time you place an order, turn on one-click trading or host, your wallet asks to add or switch to the Hyperliquid testnet. Approve it. To add it by hand: Networks, Add network, Add manually, with the values below.

Your wallet may warn about this site because the domain is new. With a fresh, empty test account there is nothing at risk.

A 15-minute tour

1. Look around the scheduleThe live wire at the top carries lead changes, overtakes and results. Below: the main event, the schedule and this week's division table.
2. Enter a live cook-offThe Arena tab shows the clock, a line of commentary and the standings: rank moves, gap to the leader, gap to the player ahead, the prize line.
3. Place your first tradeOpen the Trading desk tab, enable one-click trading (one signature, then no pop-ups), pick BTC, Long, 5x, 25% margin, and send. It fills in seconds. Then try a limit Short on ETH with take profit and stop loss.
4. Watch the raceBack on the Arena tab: your rank, the distance to the prize line, and the player right ahead or your rival. Overtakes pop up at the bottom left; a lead change takes the screen for a moment.
5. Host one yourselfHost: get test USDC from the faucet, pick markets, leverage cap, prize and split, and a length (10 minutes or more), then sign twice. The prize is locked in the contract when the cook-off is created.
6. The bell and the resultAll orders are revealed on chain after the bell and the final ranking is posted about 10 minutes later. Ranks are revealed from P10 to P1; prize winners claim to their own wallet 10 minutes after that.
7. Your player cardTier, recent finishes, badges and head-to-head records with your rivals.

How a cook-off works

• Everyone starts with the same points (10,000). Long or short, leverage up to the host's cap, market or limit orders, take profit and stop loss.
• Prices come from the Hyperliquid oracle, read on chain. Market orders fill at the price recorded in the block of your order; if it moved more than 0.5% the order is not filled.
• Sealed orders. Each order is committed on chain as a hash when you place it. Other players see only your return and rank until the bell, unless you turn on public mode. The operator can read an order to reveal it for you, but cannot change it or hold it back.
• Price records are taken on chain every 30 to 300 seconds. Limits, stops, take profits and liquidations are checked at each record. A position can lose at most its margin.
• Entry types. Open to all; pass holders (host's list or entry codes, non-transferable); principal-protected (deposit before the start, all of it comes back after the bell).
• Prizes are deposited by the host when the cook-off is created. Unclaimed prizes go back to the host after 7 days.

Tiers, divisions and badges

• Season points per cook-off reward finishing high in a big field. Only cook-offs with 5 or more ranked players count.
• Tier points come from where you finish, never from how much you trade: podium +20, top 25% +12.
• Divisions. Each week (Monday 00:00 UTC) players are grouped with others of their tier, up to 30 per division, and ranked by that week's season points. The top 20% (up to 6) get +15 tier points, the bottom 20% get -10. Zones open once a division has 10 players.
• Tiers: Bronze, Silver (60), Gold (150), Platinum (270), Diamond (420), each in three steps.
• Titles, like Man of the Match or Fastest Lap, go out after every cook-off with 5+ ranked players. Skill titles count toward your record: Iron Discipline (smallest drawdown in the top 25%), Sharpest (best return for the drawdown) and Most Consistent (of the week). Fun titles: Hot Hand (best run, top half only), Comeback of the Day, Lead Lap (longest at P1), Rookie of the Day. Skill titles add 5 tier points, the others 3. During a cook-off the arena shows the title race.
• Share and challenge. Results, titles, overtakes, your tier and (in public mode) your positions can be shared as a card: post the link and X, Telegram or Discord show the card. A challenge link sends a friend straight into your cook-off.
• Badges: Steady hand, Verified trader, Comeback, Regular, Podium x5, Wire to wire. Your player card shows the progress toward each.

Check a result yourself

Every cook-off page has a Rules and verify tab with the rules file and the contract addresses. A public script reads the chain and recomputes the whole ranking and every prize:

node verify.cjs --rpc <testnet RPC> --contest <prize contract> --rules rules.json

If the posted ranking does not match what the chain says, the script shows it. Claims open only after a review window so anyone can check first.

FAQ