Frequently asked questions

Brownian is a decentralized perpetual exchange. Trade perpetual markets from your wallet. Earn Brownie Points by trading and inviting friends, then track your total and rank on the Points page.

The Markets page shows the perpetual contracts currently available on Brownian. They can track crypto, stocks, indices, FX, or commodities. You trade the contracts, not the assets they track. Check the list before trading because it can change. Brownian shares its order books with the Orderly network, so the volume, open interest, and asset totals on the Markets page are network totals.

Perpetual futures, often called perps, are leveraged contracts that track a market price and do not expire. Funding payments help keep each contract close to its reference price. Leverage magnifies gains and losses, and a small price move can reduce your margin quickly.

Your trading fee depends on your fee tier and whether your order adds or removes liquidity. Funding payments, liquidation charges, and network costs may also apply. Check your current tier on the Fee Tier page before trading. The full schedule is public there, and fees only go down as you trade more.

Yes. Part or all of your positions can be liquidated if your account does not have enough margin to support them. Liquidation fees can apply. You may not be able to close a position before liquidation. Read the Risk Disclosure before trading.

No. Brownian does not ask for or store your seed phrase or private keys. You approve wallet actions and remain responsible for securing your wallet, reviewing signatures, and using the correct network.

The Connect wallet screen shows the wallets and networks currently supported by Brownian. Availability can change. If a wallet or network is not listed, Brownian does not support it.

No. Access depends on your location, legal status, applicable law, and current provider rules. Do not use a VPN or another method to bypass access controls. Check the Restricted Jurisdictions page before using Brownian.

Brownie Points are Brownian's points program. Earn them by trading and inviting friends, then track your weekly total and rank on the Points page. When the season ends, the $BRO token launches, targeted no later than Q4 2026.

Every week, 10,000,000 Points are split among traders. Your share is based on your eligible trading weight plus direct referral weight. Direct referral weight equals 20% of an invitee's eligible trading earned after their first verified referral binding. It is not 20% of their Brownie Points.

Your eligible trading weight is based on the notional value of your filled perpetual trades on Brownian during the week, verified from Orderly's scoring before results are published. Filled orders count. Unfilled orders, deposits, and withdrawals do not. Profit and loss never changes your weight, and there are no hidden multipliers.

Brownie Points are shares of a fixed pool, not an ever-growing balance. Each week distributes exactly 10,000,000 Points. When other traders add eligible volume, every share adjusts, so your Points can fall even while you trade. Nothing is taken from you. Your final Points lock when the week is finalized.

Published Points and leaderboard data refresh every 30 seconds while the page is open. New activity can take longer to appear. Results for the current week are provisional, and corrections are published as restatements.

A week with no eligible trading is finalized as Void and issues zero Brownie Points. It does not add 10,000,000 Points to the Season total.

Upcoming means a week is scheduled but has not started. Active results are live and provisional. Closing means the week has ended while its complete snapshot is checked. Final results are published. Restated means a corrected final version replaced an earlier one. Void means the week had no eligible trading and issued zero Points. Unavailable means Brownian could not verify complete data, so the results stay hidden.

The leaderboard shows standings for this week and the Season, 50 rows at a time. Connect a wallet to pin your published position without changing your rank.

Weekly standings cover one week. Season standings combine the latest published results across the Season. Active and Closing allocations are provisional, so totals can change. If a final result is Restated, the corrected version replaces it.

Brownie Points score the season. When the season ends, the $BRO token launches and your Points convert to $BRO. TGE is targeted no later than Q4 2026, with final timing subject to market conditions. The exact conversion method will be published at token launch. Points themselves cannot be transferred or sold.

The Season is open-ended and runs week to week. Brownian must announce the final week at least seven full days before that week starts, and the announcement cannot be reversed. Until then, every new week distributes another 10,000,000 Points. When the Season ends, $BRO launches, targeted no later than Q4 2026.

They do not exist yet. Nothing is allocated before launch, so there are no numbers to publish. Ownership is decided by trading, week by week. What is fixed: every week distributes exactly 10,000,000 Points. Finalized weeks never change. The final week gets at least seven full days of notice. Points convert to $BRO at TGE, and the conversion method is published at token launch.

Yes, and changes are published before they take effect. Finalized weeks stay locked. If verified data changes before a week is finalized, corrected results are labeled Restated. Check the Points page and Terms of Use for the current rules.

Brownie Points and referral fees are separate. For Points, you receive referral weight equal to 20% of a direct invitee's eligible trading earned after their first verified referral binding. There are no second-level referrals, thresholds, or caps. For fees, create your referral link on the Referrals page to earn commissions from your invitees' trading. Current fee rebates and commissions are shown there. If you bring an audience of traders, Brownian splits up to 50% of the fees it earns from them with you. Reach out in Discord to set that up.

No. Brownian does not provide financial, investment, legal, or tax advice. Perpetual trading can cause rapid losses. Trade only if you understand how it works and can afford to lose the funds you put at risk. Read the Risk Disclosure for more detail.