Hey there, crypto adventurers! Ever dreamed of diving into a fully on-chain trading playground where spot trades, perpetual contracts, margin plays, vaults, and a composable DeFi ecosystem all vibe together seamlessly? That's Decibel for you—a powerhouse that's got everything you need to level up your blockchain game. And guess what? They're rolling out a testnet trading event right now, perfect for honing those skills without risking a dime.

Decibel platform overview

Ready to jump in? Head over to the official entry point and connect your wallet. It's as straightforward as grabbing your morning coffee.

Wallet connection interface

For the smoothest experience, I recommend logging in with your Google account—keeps things hassle-free, especially since you'll need to switch your wallet over to the Aptos testnet. Think of it like flipping to the fun side of the blockchain universe.

Network switch prompt

Once you're in, spot the 'Join Trading Competition' button in the bottom left corner. Flick that switch to the testnet, and you're golden. Next up, snag some test tokens to fuel your trades—they're your ticket to climbing the leaderboard without the real-world jitters.

Claim test tokens

You can grab those test tokens from the pop-up that greets you on entry, or head to the top-right corner of the trading dashboard and hit 'Mint' for more. It's all about building up your virtual stack to rack up points and maybe snag a top spot—feels like a friendly neighborhood showdown, right?

Minting test tokens

Now, let's get trading! Fire up some action to earn extra test funds and surge up those ranks. Here's a quick rundown on placing a trade, tailored for folks dipping their toes into this ecosystem:

  1. Pick your token for the trade.
  2. Decide if you're going long (bullish) or short (bearish).
  3. Opt for a market order for speed or limit for precision.
  4. Set your leverage multiplier—keep it sensible, even in test mode.
  5. Choose coin-margined or USD-margined, depending on your strategy.
  6. Enter the amount and hit 'Open Position' to seal the deal.
Trading interface

Down below, you'll see your open positions at a glance. From there, close out trades, or set take-profit and stop-loss levels to manage your mock portfolio like a pro. Remember, this is all simulated fun on the testnet—real trading packs risks, so always trade smart and invest wisely in the live arena!

Open positions summary