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This guide takes you from zero to your first trade on Monofin in about five minutes.

1. Create your account

Open the Monofin web app or install the iOS or Android app, and sign up with email, Apple, or Google. Your embedded wallet is created for you in the background — no seed phrase, no browser extension.
During sign-up you’ll confirm your jurisdiction. Monofin shows you only the markets available where you live — some categories, like sports event markets, are restricted in certain regions. See Availability.

2. Fund your account

Tap Deposit. You can:
  • Send USDC from any supported chain — arrives in minutes.
  • Buy with a card or bank transfer through the in-app on-ramp.
One balance powers everything: event markets, perps, and real-world assets all draw from the same USDC. Details and limits: Funding your account.

3. Pick a market

The home board has four tabs: Perps, RWA, Events, and Watchlist. Each market card shows one number, one move, one reason — the price (or probability), the 24-hour change, and what resolves it. Not sure where to start? Open the Leaderboard, find a trader with a track record you respect, and look at their open positions.

4. Place your trade

Every trade is three choices:
1

Choose your side

Event markets: YES or NO. Perps: long or short.
2

Set your size

Enter how much USDC to put behind the trade. Start small while you learn the platform.
3

Set your multiplier (perps only)

Leverage up to the market’s maximum. It magnifies losses as well as gains — the ticket shows your estimated liquidation price before you confirm.
Review the ticket — side, size, fees, and risk in plain English — then confirm. Optionally attach a take profit and stop loss so your exit is automated from the start.

5. Make it yours

  • Pick a username. Your handle is your public identity on the leaderboard and in chat.
  • Star markets to build your watchlist and get price alerts.
  • Share your referral code from the referral center — friends get 10% off eligible fees, and you earn 25% of their trading fees for life. See Referrals.

How trading works

Order types, leverage, funding, and liquidations explained.

What is Monofin Earn?

Put idle USDC to work in curated yield vaults.