Manekora · Trading & NFT game

A little power
in every paw.

Every Maneki is an NFT that holds Blood. Use it as margin on BTC and ETH against one shared pool. Losing trades earn Energy. Energy may receive Blood from later realized losses when the House ratio before the loss is above 100%. Rewards can be zero.

1000× on BTC and ETH, same price at every size
0 spread, in or out
0 funding, however long you hold
1:1 Energy for every Blood a trade loses
Fully onchain, self custody

Launch app Read the docs

Auto: it picks its own moves. Tap it for a wiggle.

Live from the house

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Eligible Blood converts at 1 Blood = 1 USDC before fees.

How it works

Four steps, one Maneki.

Mint

Mint a Maneki from 50 USDC. After a 2% fee, each remaining USDC becomes 1 Blood.

Trade

Go long or short on BTC and ETH with up to 1000× leverage. Use Blood as margin, isolated for each position.

Earn Energy

Each realized loss of 1 Blood earns 1 Energy. Energy can earn Blood from later losses when the house ratio is above 100%. It cools 3% daily by default.

Convert

Convert unlocked Blood at 1 Blood = 1 USDC before fees. Protected Blood is used first; the rest needs available Profit Liquidity. Keep your Maneki and Energy.

The house

One pool takes the other side.

Every trade is made against one shared USDC pool. The house ratio compares that pool with everything it owes: all Blood plus what winning positions could keep. At 100%, everything owed is covered.

Pool USDC ÷ (total Blood + positive open profits)

House ratio, example

106.95%

Pool100K USDC

Owed93.5K Blood

Eligible Blood converts at 1 Blood = 1 USDC before fees.

0SpreadAt the mark when your order fills.
0FundingNo charge for holding a position.
0SlippageThe same fill price at every size.
1000×Leverage, up to1,000 Blood margin → 1,000,000 Blood position.

Fair by design

Rules that keep the house honest.

The mark price, read on chain

Trades settle at the perpetual market's mark price, a median one order book can't drag far, read by the contract itself. New opens are refused while mark and oracle disagree; closes never are.

No spread, no slippage

You enter and exit at the mark itself, the same price for every size. There are no trading fees and no funding: holding a position costs nothing over time.

Filled a few seconds later

With the default timing, orders fill at the mark about 5 seconds after you place them, once a new mark is out, so racing the next price update doesn't pay. Close any time; your price protection cancels a fill that moved too far.

Self-custody, onchain

Your wallet is powered by Privy; Manekora never stores your private keys. Trades and settlement run through smart contracts on HyperEVM. Relay handles bridging and swaps for deposits and withdrawals across supported chains.

Trading limits

BTC and ETH each start with 1 billion Blood notional per direction, shared by all users. A position may use up to 10 million notional and 1000× leverage; minimum margin is 10 Blood and minimum notional is 100 Blood. Independent active-position and pending-open count limits also apply. Pending opens reserve margin; capacity is checked again at fill.

Liquidation never waits

Anyone may liquidate a position the moment its equity falls to 0.05% of notional, and every position is isolated, so one can never reach another's margin.

All the trading rules

Your Maneki

Every Maneki is one of a kind.

Five parts, body, hat, outfit, item and mat, each one of twelve and drawn after the mint. Parts from the same class raise its Perfect %. Its Blood, Energy and all trading history travel with it.