> ## Documentation Index
> Fetch the complete documentation index at: https://docs.0xmonaco.com/llms.txt
> Use this file to discover all available pages before exploring further.

# Testnet Guide

> Connect a wallet, get test USDC, and place your first trade.

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<LearnStyles />

<div className="monaco-learn">
  Try Monaco with free test assets. This walkthrough takes you from connecting a wallet to finding and closing your first position.

  <div className="callout"><strong>Sei Atlantic-2 testnet</strong><br />Test assets have no real-world value. Trading is gasless; you do not need SEI tokens for the setup below.</div>

  <a className="primary-link" href="https://trade.0xmonaco.com" target="_blank" rel="noopener">Open Monaco Testnet ↗</a>

  ## 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.

  <Frame caption="Monaco trading interface with Connect Wallet button in the top right">
    <img src="https://mintcdn.com/monaco/4CYCOdHqqGtQ6rAa/images/testnet-guide/01-terminal-disconnected.jpg?fit=max&auto=format&n=4CYCOdHqqGtQ6rAa&q=85&s=c17d867bc0c0865ebdf6d67592c4ea70" alt="Monaco trading interface with Connect Wallet button in the top right" width="1372" height="888" data-path="images/testnet-guide/01-terminal-disconnected.jpg" />
  </Frame>

  ## 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.

  | Destination | Test funds per mint |
  | - | - |
  | Spot account | 1,000 USDC |
  | Margin account | 1,000 USDC |

  You can mint 2,000 USDC once per rolling 24 hours on each app. Your mint history appears in the same modal. If you run out, try again once 24 hours have passed since your last mint.

  <Frame caption="Testnet Faucet modal showing the Mint 2,000 USDC button and daily limit">
    <img src="https://mintcdn.com/monaco/4CYCOdHqqGtQ6rAa/images/testnet-guide/05-faucet-mint.jpg?fit=max&auto=format&n=4CYCOdHqqGtQ6rAa&q=85&s=38390f7535ffd58ba8034564b25528ad" alt="Testnet Faucet modal showing the Mint 2,000 USDC button and daily limit" width="1372" height="888" data-path="images/testnet-guide/05-faucet-mint.jpg" />
  </Frame>

  ## 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.

  1. Choose **Market** for immediate execution or **Limit** to set a price.
  2. Choose **Buy / Long** or **Sell / Short**.
  3. Enter the size in the asset or USDC, or use the percentage slider.
  4. Review the order value, required margin, and liquidation price, then select **Place Order**.

  See [Orderbook](/trading-mechanics/spot) for execution behavior and price protection.

  <Frame caption="Order ticket filled in with a 0.01 BTC market buy">
    <img src="https://mintcdn.com/monaco/4CYCOdHqqGtQ6rAa/images/testnet-guide/07-order-ticket.jpg?fit=max&auto=format&n=4CYCOdHqqGtQ6rAa&q=85&s=e5913888b547b3c3e837909f532a64dc" alt="Order ticket filled in with a 0.01 BTC market buy" width="1372" height="888" data-path="images/testnet-guide/07-order-ticket.jpg" />
  </Frame>

  ## 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.

  <Frame caption="Positions tab showing an open 0.01 BTC long with live PnL">
    <img src="https://mintcdn.com/monaco/4CYCOdHqqGtQ6rAa/images/testnet-guide/09-open-position.jpg?fit=max&auto=format&n=4CYCOdHqqGtQ6rAa&q=85&s=a7aa5b5dff3daddb9d8316f4ac513748" alt="Positions tab showing an open 0.01 BTC long with live PnL" width="1372" height="888" data-path="images/testnet-guide/09-open-position.jpg" />
  </Frame>

  ## 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](/fees) for the distinction.

  <div className="callout neutral">Testnet may experience downtime and service interruptions while backend and frontend functionality is updated.</div>

  <Accordion title="Full Testnet Guide Reference" id="full-reference" className="learn-reference">
    Everything runs on testnet: free play money and zero risk. Connect a wallet, grab test USDC from the built-in faucet, and place your first trade.

    [Open Monaco Testnet](https://trade.0xmonaco.com)

    <Info>
      **Network:** Sei Atlantic-2 testnet · **Trading:** gasless · **Funds:** test assets with no real-world value
    </Info>

    <Steps>
      <Step title="Connect your wallet">
        Open [trade.0xmonaco.com](https://trade.0xmonaco.com) and click **Connect Wallet** in the top-right corner.

        <Frame caption="The trading terminal before signing in — Connect Wallet is in the top right">
          <img src="https://mintcdn.com/monaco/4CYCOdHqqGtQ6rAa/images/testnet-guide/01-terminal-disconnected.jpg?fit=max&auto=format&n=4CYCOdHqqGtQ6rAa&q=85&s=c17d867bc0c0865ebdf6d67592c4ea70" alt="Monaco trading interface with Connect Wallet button in the top right" width="1372" height="888" data-path="images/testnet-guide/01-terminal-disconnected.jpg" />
        </Frame>

        Pick how you want to log in. Any option works — you don't need SEI tokens or an existing testnet setup:

        * **MetaMask, Rabby, or Coinbase Wallet** — approve the connection in the wallet popup.
        * **Email or socials** — no wallet extension needed; one gets created for you.

        <Note>
          **Privy remembers your preference.** When Privy opens, it prioritizes the wallet you used most recently or use most often. The first wallet shown can therefore differ between users.
        </Note>

        <Frame caption="Log in with a wallet extension, or just an email — your choice">
          <img src="https://mintcdn.com/monaco/4CYCOdHqqGtQ6rAa/images/testnet-guide/02-login-options.jpg?fit=max&auto=format&n=4CYCOdHqqGtQ6rAa&q=85&s=497f63e098fa2da292da4da5642b0b00" alt="Log in or sign up modal with wallet, email, and social options" width="1372" height="888" data-path="images/testnet-guide/02-login-options.jpg" />
        </Frame>

        <Frame caption="That's it — you're in">
          <img src="https://mintcdn.com/monaco/4CYCOdHqqGtQ6rAa/images/testnet-guide/03-connected-confirmation.jpg?fit=max&auto=format&n=4CYCOdHqqGtQ6rAa&q=85&s=7c86313b19cd7afddfeba41c7555ae40" alt="Successfully connected confirmation modal" width="1372" height="888" data-path="images/testnet-guide/03-connected-confirmation.jpg" />
        </Frame>

        <Tip>
          **No gas, ever.** After this one-time connection, everything on Monaco testnet is gasless — no signature popups when you trade.
        </Tip>
      </Step>

      <Step title="Get free test USDC">
        Click the **droplet icon** in the top-right toolbar. It has a green dot when a mint is available.

        <Frame caption="The faucet lives in the top bar — the droplet icon next to Settings">
          <img src="https://mintcdn.com/monaco/4CYCOdHqqGtQ6rAa/images/testnet-guide/04-faucet-toolbar.png?fit=max&auto=format&n=4CYCOdHqqGtQ6rAa&q=85&s=59caf828c8ee749d81cb193b7a015402" alt="Top-right toolbar with the faucet droplet icon highlighted" width="820" height="108" data-path="images/testnet-guide/04-faucet-toolbar.png" />
        </Frame>

        Hit **Mint 2,000 USDC**. Each mint deposits 1,000 USDC to your spot account and 1,000 USDC to your margin account, ready to trade instantly.

        <Frame caption="One click — no external faucets, captchas, or waiting">
          <img src="https://mintcdn.com/monaco/4CYCOdHqqGtQ6rAa/images/testnet-guide/05-faucet-mint.jpg?fit=max&auto=format&n=4CYCOdHqqGtQ6rAa&q=85&s=38390f7535ffd58ba8034564b25528ad" alt="Testnet Faucet modal showing the Mint 2,000 USDC button and daily limit" width="1372" height="888" data-path="images/testnet-guide/05-faucet-mint.jpg" />
        </Frame>

        <Frame caption="Funds land in seconds; your mint history is tracked in the same modal">
          <img src="https://mintcdn.com/monaco/4CYCOdHqqGtQ6rAa/images/testnet-guide/06-faucet-success.jpg?fit=max&auto=format&n=4CYCOdHqqGtQ6rAa&q=85&s=80a963c62558016424989a95b139780c" alt="Faucet confirmation showing 2,000 USDC deposited" width="1372" height="888" data-path="images/testnet-guide/06-faucet-success.jpg" />
        </Frame>

        <Tip>
          **Daily limit:** One mint per rolling 24 hours on each app, for 2,000 USDC. If you run out, try again once 24 hours have passed since your last mint.
        </Tip>
      </Step>

      <Step title="Place your first trade">
        Pick a market from the ticker bar or press `⌘K` to search. Monaco lists crypto, stocks, commodities, and FX perpetuals, including BTC, NVDA, GOLD, and EUR.

        1. Choose **Market** to fill immediately or **Limit** to set your price.
        2. Pick **Buy / Long** or **Sell / Short**.
        3. Enter a **Size** in the asset or USDC, or use the 25/50/75/100% slider.
        4. Review order value, margin required, and liquidation price, then click **Place Order**.

        <Frame caption="A 0.01 BTC market buy — margin, fees, and liquidation price appear before you commit">
          <img src="https://mintcdn.com/monaco/4CYCOdHqqGtQ6rAa/images/testnet-guide/07-order-ticket.jpg?fit=max&auto=format&n=4CYCOdHqqGtQ6rAa&q=85&s=e5913888b547b3c3e837909f532a64dc" alt="Order ticket filled in with a 0.01 BTC market buy" width="1372" height="888" data-path="images/testnet-guide/07-order-ticket.jpg" />
        </Frame>

        <Frame caption="Orders confirm instantly — no wallet popup">
          <img src="https://mintcdn.com/monaco/4CYCOdHqqGtQ6rAa/images/testnet-guide/08-order-confirmed.jpg?fit=max&auto=format&n=4CYCOdHqqGtQ6rAa&q=85&s=a0f394f33a2405ad45c265e30fa9a106" alt="Buy or Long order submitted confirmation" width="1372" height="888" data-path="images/testnet-guide/08-order-confirmed.jpg" />
        </Frame>

        Your open position appears in the **Positions** tab at the bottom, with live PnL, entry price, liquidation price, and a one-click **Close** button.

        <Frame caption="Track or close the position from the bottom panel">
          <img src="https://mintcdn.com/monaco/4CYCOdHqqGtQ6rAa/images/testnet-guide/09-open-position.jpg?fit=max&auto=format&n=4CYCOdHqqGtQ6rAa&q=85&s=a7aa5b5dff3daddb9d8316f4ac513748" alt="Positions tab showing an open 0.01 BTC long with live PnL" width="1372" height="888" data-path="images/testnet-guide/09-open-position.jpg" />
        </Frame>
      </Step>

      <Step title="Check your portfolio">
        Click **Portfolio** in the top navigation for account equity over time, available balance, margin used, realized PnL, win rate, and your spot and margin account breakdown.

        <Frame caption="Equity curve, PnL stats, and account breakdown in one place">
          <img src="https://mintcdn.com/monaco/4CYCOdHqqGtQ6rAa/images/testnet-guide/10-portfolio.jpg?fit=max&auto=format&n=4CYCOdHqqGtQ6rAa&q=85&s=12fbfe8cd6efa5dc355f7a515ec34627" alt="Portfolio page with account equity chart, realized PnL, and accounts breakdown" width="1372" height="888" data-path="images/testnet-guide/10-portfolio.jpg" />
        </Frame>

        Your balance pill in the top-right corner opens a quick account panel at any time. Use it to deposit, withdraw, or move funds between spot and margin.

        <Frame caption="Quick account panel: margin and spot split, plus transfers">
          <img src="https://mintcdn.com/monaco/4CYCOdHqqGtQ6rAa/images/testnet-guide/11-account-panel.jpg?fit=max&auto=format&n=4CYCOdHqqGtQ6rAa&q=85&s=af4e494947138c1b1e52dbed2c4dec28" alt="Account dropdown showing margin and spot balances with deposit, withdraw, and transfer buttons" width="1372" height="871" data-path="images/testnet-guide/11-account-panel.jpg" />
        </Frame>
      </Step>

      <Step title="Invite friends from Compete">
        The **Compete** tab has your personal TraderCode and invite link. Share it to bring friends onto the testnet. Leaderboards and rewards are rolling out soon, so trades you make now are good practice.

        <Frame caption="Grab your invite link — leaderboard and rewards coming soon">
          <img src="https://mintcdn.com/monaco/4CYCOdHqqGtQ6rAa/images/testnet-guide/12-compete.jpg?fit=max&auto=format&n=4CYCOdHqqGtQ6rAa&q=85&s=26e279ebacb29b0390859dfdbe862b4a" alt="Compete page with TraderCode, invite link, and leaderboard preview" width="1372" height="888" data-path="images/testnet-guide/12-compete.jpg" />
        </Frame>
      </Step>
    </Steps>

    <h2 id="cheat-sheet">Cheat sheet</h2>

    | Task | Where or how |
    | - | - |
    | Sign in | **Connect Wallet** in the top right — use a wallet, email, or socials |
    | Get free test USDC | Droplet icon in the top right, then **Mint 2,000 USDC**, once per day |
    | Find markets | Use the ticker bar or press `⌘K` |
    | Trade | Order ticket, then Market or Limit, Buy or Sell, Size, and **Place Order** |
    | Manage positions | Bottom panel, then **Positions**, then **Close** |
    | Review performance | **Portfolio** in the top navigation |
    | Fees | Taker 0.045%; maker −0.01%, meaning limit orders receive a rebate |
    | Gas | None needed after connecting; trading is gasless |

    <Note>
      This is a testnet. All balances are testnet funds, with no real-world value. Expect occasional downtown and service interruptions as both backend and frontend functionality is updated and improved.
    </Note>
  </Accordion>
</div>


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