Test assets have no real-world value. Trading is gasless; you do not need SEI tokens for the setup below.
1. Connect Your Wallet
Open the terminal and choose Connect Wallet in the top-right corner. Use MetaMask, Rabby, or Coinbase Wallet, or sign in with email or socials to have a wallet created for you.Privy remembers your wallet preference, so the first option shown may differ between users. After connecting, trades do not require a wallet signature popup.
Monaco trading interface with Connect Wallet button in the top right
2. Get Test USDC
Select the droplet icon in the top toolbar, then Mint 2,000 USDC. A green dot means a mint is available.
Testnet Faucet modal showing the Mint 2,000 USDC button and daily limit
3. Place An Order
Choose a market from the ticker bar or press ⌘K to search. Available perpetual markets include crypto, stocks, commodities, and FX, such as BTC, NVDA, GOLD, and EUR.- Choose Market for immediate execution or Limit to set a price.
- Choose Buy / Long or Sell / Short.
- Enter the size in the asset or USDC, or use the percentage slider.
- Review the order value, required margin, and liquidation price, then select Place Order.

Order ticket filled in with a 0.01 BTC market buy
4. Find And Close Your Position
Your open position appears in Positions at the bottom of the terminal. This shows live PnL, entry price, liquidation price, and a Close button.
Positions tab showing an open 0.01 BTC long with live PnL
After Your First Trade
Portfolio shows account equity, available balance, margin used, realized PnL, win rate, and your spot/margin breakdown. The balance pill at the top right opens the account panel for deposits, withdrawals, and transfers between spot and margin.Compete contains your TraderCode and invite link. Leaderboards and rewards are coming soon.The testnet guide lists taker fees of 0.045% and a maker rebate of 0.01%. A limit order can execute immediately against existing liquidity; see maker and taker fills for the distinction.Full Testnet Guide Reference
Full Testnet Guide Reference
Connect your wallet

The trading terminal before signing in — Connect Wallet is in the top right
- MetaMask, Rabby, or Coinbase Wallet — approve the connection in the wallet popup.
- Email or socials — no wallet extension needed; one gets created for you.

Log in with a wallet extension, or just an email — your choice

That's it — you're in
Get free test USDC

The faucet lives in the top bar — the droplet icon next to Settings

One click — no external faucets, captchas, or waiting

Funds land in seconds; your mint history is tracked in the same modal
Place your first trade
⌘K to search. Monaco lists crypto, stocks, commodities, and FX perpetuals, including BTC, NVDA, GOLD, and EUR.- Choose Market to fill immediately or Limit to set your price.
- Pick Buy / Long or Sell / Short.
- Enter a Size in the asset or USDC, or use the 25/50/75/100% slider.
- Review order value, margin required, and liquidation price, then click Place Order.

A 0.01 BTC market buy — margin, fees, and liquidation price appear before you commit

Orders confirm instantly — no wallet popup

Track or close the position from the bottom panel
Check your portfolio

Equity curve, PnL stats, and account breakdown in one place

Quick account panel: margin and spot split, plus transfers
Invite friends from Compete

Grab your invite link — leaderboard and rewards coming soon

