Ethereal is now live on testnet! Users can access the testnet application at: testnet.ethereal.trade

Thank you to all the community members and Season Zero participants who have helped guide Ethereal’s product development so far. This launch is a key step towards mainnet, providing a first look at high-performance onchain trading powered by USDe.

Under the hood, Ethereal is an appchain on Converge built with industry-leading EVM rollup infra like Arbitrum, Celestia, and Conduit. Together with Ethereal’s application-specific sequencer, these components come together to create a best-in-class onchain trading experience.

Full documentation, API specifications, SDK guides, and detailed protocol information are available at docs.ethereal.trade

How to Participate

1. Request testnet USDe at register.ethereal.trade

2. Wait for your account to be funded to begin trading

3. Start trading at testnet.ethereal.trade

4. Join the Ethereal Discord & submit feedback

What’s next?

We’re very eager to hear any feedback from the community on the testnet app, please feel free to join the discussion in Discord with any thoughts/questions! Following the public testnet, we’ll open a waitlist for the mainnet alpha ahead of the anticipated launch timeline and also plan to provide further details surrounding the Season Zero program as well as the upcoming Season One program.