The scale of Meme Madness is surpassing our wildest expectations. Today's tournament day is just about half way done. In the last 12 hours our backend has processed nearly 54 million API requests. Quite the feat for an engineering team of 4.

we get a lot of questions on what actually separates @CadeMarket from Kalshi / Polymarket. it comes down to short duration. a platform for the ~I want my dopamine now and I want to go again~ crowd. they’ll know exactly where to get it without running into noise. TikTok didn't beat YouTube by adding long videos in addition to short form. focus can be insanely valuable in the era where everyone is trying to be everything.

In the first 8 hours of today's tournament day we've already doubled the user count from the entirety of day 1 Every day has been an all time high in terms of active users, returning users, and predictions placed The team is working nearly 24/7 to continue to ship improvements

Meme Madness winners for 9/15, 9/16, and 9/17 have just been sent their prizes to their Cade wallet. $38,880 in total Additionally, we have enabled withdrawal support, so you can withdraw your winnings to an external wallet directly from Cade. We'll cover the transaction cost.

We just started to distribute prizes for Meme Madness directly to the @CadeMarket wallets of winners. Throughout the first 4 days of the tournament, we automatically flagged several dozen users that were engaging in malicious multi-account practices to inflate their daily profit numbers. This is strictly against the rules, which you implicitly agree to follow when registering for an account on Cade. We aren't stupid. We know that the prize pool for Meme Madness is very large. We knew that this would bring bad actors that were in it for the wrong reasons. We initially delayed the launch in order to make sure we could properly catch these users with our systems. Contrary to many testnet apps in this space, I could not give a single fuck about juiced up numbers. I care about the integrity of the platform, and I am only interested in rewarding users that help us stress test our infrastructure and product in a fair manner. If you try and cheat, we will catch you, and we will revoke your prize. RIP BOZOS.

Prizes for Day 0 of Meme Madness have been distributed directly to your Cade wallet. This was the half day in which only some users were able to participate early on. Due to third party outages, we have opted to not enable direct transfers off the platform until we do further testing. However, on your profile page, you can export your platform private key (after enabling 2FA) to a browser wallet to freely access your funds. The next 3 days of prize winners can all expect to receive their winnings tomorrow. Furthermore, for days 0-3, we flagged several dozen wallets on the leaderboard that were participating in malicious multi-wallet practices to inflate their TVL. Every single one of these users has been voided and their prize has been revoked. Each cheating user was replaced with the next eligible user. Cade on.

I have a feeling throwing a dollar into every market and hoping for the hail mary is going to be a popular strategy when @CadeMarket hits mainnet. Obviously this is inflated with testnet money but... The beauty of parimutuel.

We just pushed 2FA support to @CadeMarket. This is ahead of tonight's maintenance window, where we will enable automatic prize payouts. Winners will receive prizes in their Cade wallet. You can send the prizes to external wallets (gas is sponsored) or export your private key.

One of the more interesting stats from Meme Madness so far: Roughly 20% of users are in profit. This is about 3x higher than memecoin traders. The obvious disclosure is yes, it's still testnet funds, but users are trading for profit, because there are real prizes on the line.

The Meme Madness leaderboard uses the previous cutoff times for days (1 AM to 11 PM) Since we started a bit later yesterday for the first day, it cuts off to a new day. We'll have this fixed to display the correct times. Do not worry, all data is retained, just a visual blip.