Paper Trading

Paper Trading mirrors Arenaton behavior without real value. It uses separate contracts, order books, data, and collateral from production.

Environment

Surface	Chain	Collateral	Purpose
Production	Polygon mainnet	Polygon USDC	Real trading when production launches.
Paper	Polygon Amoy	PaperUSDC	Public testing and practice with no real value.

Paper balances, orders, fills, and positions never appear in real portfolios. Production builds refuse to sign Amoy orders, and paper builds refuse to sign Polygon mainnet orders.

CTF Integration

Arenaton uses Gnosis Conditional Tokens Framework mechanics for Outcome Shares where possible. Contract addresses must come from the active environment registry, not from copied third-party docs.

• Production reads /api/contract-registry.
• Paper Trading reads /api/paper/contract-registry.
• External CTF market data can support browsing, but it is not Arenaton settlement authority.

Paper Market Types

Type	Description	Data Source
Crypto Templates	Built-in price markets (BTC, ETH, SOL)	On-chain prices
Custom Markets	User-created prediction markets	User-defined outcomes
CTF Mirror Markets	Real CTF markets mirrored for paper trading	Polymarket CLOB API

Faucet

The PaperUSDC faucet is for public paper testing only.

• PaperUSDC is not redeemable for real USDC.
• Faucet rate limits protect public test infrastructure.
• Faucet mints must never target production collateral.

Market Lifecycle

DRAFT → SCHEDULED → OPEN_PRE_EVENT → OPEN_LIVE → CLOSING → CLOSED_PENDING_RESOLUTION → RESOLVED

Paper markets support the full lifecycle including:

• Live state versioning for stale-order invalidation
• Incident controls (pause, hide, close-only)
• Settlement simulation
• Resolution and redemption flows

Trading Flow

1. Fund your Smart Account with PaperUSDC from the faucet
2. Browse paper markets or CTF mirror markets
3. Place EIP-712 signed orders (buy/sell)
4. Orders matched off-chain, settled via paper exchange
5. Track positions and P&L in your paper portfolio
6. Redeem winning positions after market resolution

What To Test

• Browse public paper markets.
• Browse real CTF markets bridged from Polymarket.
• Fund a paper Smart Account with PaperUSDC.
• Place and cancel orders with EIP-712 signatures.
• Watch live-market version changes invalidate stale live orders.
• Simulate market settlement and redemption.
• Confirm portfolio projections without treating them as real balances.

API Reference

See API and app and docs.arenaton.com for the REST and WebSocket surface.