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Fairground is a decentralized perpetuals exchange on Arbitrum. One oracle price, fixed fees, no funding rates—and rebates when you take the minority side.

Get started

Connect a wallet, add USDC and ETH on Arbitrum, and start trading.

Orders

Place, cancel, and manage orders. Add or remove margin on positions.

Pricing

One price per market—no mark/index split. Simpler and transparent.

Fees & rebates

Fixed 4.5 bps per trade. Earn rebates when you provide the minority side.

Advanced trading

Order matching

How reduce and increase orders are matched.

Liquidation

When positions are liquidated and how it works.

Insurance fund

Protocol backstop for undercollateralized positions.

ADL

Auto-deleveraging when the insurance fund is depleted.

Glossary

Definitions for protocol terms.

Earn

XP Program

Season 0 XP program and earn rewards.

Market Makers / LPs

Market making and liquidity provisioning.

Developer Docs

Developer Docs

API reference, SDK, and integration guides for building on Fairground.