Trading fees fund comebacks.
AWINN is a synthetic perpetuals venue on Kinetiq's Elysium testnet. Open leveraged long or short positions on BTC and ETH against Hyperliquid reference prices. Positions and settlement live in AWINN's own contracts.
Synthetic long and short exposure
Isolated-margin positions sized from your trading margin and leverage. Profit and loss are linear in the price change. Losses are capped at the margin you put at risk.
Winning profits can queue
Realized losses supply the cash that pays winning profits. When settlement cash is insufficient, the unpaid part of a profit becomes a first-in, first-out claim. Your margin comes back immediately; the claim is paid as cash arrives, with no guaranteed timing.
Fees fund variable loss rebates
100% of collected AWINN trading fees go to a rebate reserve. Each daily epoch distributes it proportionally to accounts with a net realized loss. The rate varies with fees and total eligible losses; it is never a fixed refund and never exceeds the loss.
Testnet build with test funds only. Economic parameters are a versioned research configuration, not a proven mechanism. See the docs for the exact rules and limitations.