Euphoria
Euphoria transforms crypto derivatives trading into a mobile game-like experience. One tap to predict price movements. No charts, no order books, no stress – just pure intuition expressed through simple finger gestures.
Website | Twitter | Telegram | Discord
Team & Vision
The Origin Story
Nathan Worsley (CEO), Casey Craig (Co-founder & Head of Growth), and their CTO Johnny met at Devcon Bangkok during a philosophy panel where Nathan defended speculation as a learning tool for young traders – a contrarian take that resonated with Casey. They discovered shared interests in making derivatives accessible and started building Euphoria shortly after, bringing DefiDougi (ex-Binance) as Head of Community.
The Mission: "Feel Something"
"They made it work. We made it fun." – Euphoria rejects the notion that trading must be stressful and complex. While traditional interfaces intimidate with endless charts and confusing lingo, Euphoria brings the dopamine rush of mobile gaming to derivatives trading.
Traction
With 300,000+ waitlist signups pre-launch and notable traders like Cobie and Amir competing on leaderboards, Euphoria is set to launch on MegaETH mainnet.
How Tap Trading Works
The Core Innovation
Euphoria strips derivatives down to their essence: predictions about the future. Instead of navigating complex interfaces, users simply:
See a price chart on their phone
Tap where they think price will go
Win if price hits their prediction
Compete on leaderboards with friends
"If a child can understand how to use your product, then you've built it right" – Casey notes that even Nathan's 8-year-old son could profitably trade (with testnet money) using the intuitive interface.
Key Features
One-tap execution – No order types, no margin calculations
Gamified rewards – Points, streaks, achievements
Social trading – Share strategies, compete with friends
Mobile-first – Built for the TikTok generation
Real money, real markets – Not a tap-to-earn game, but real derivatives trading
Technical Architecture
Why MegaETH
Euphoria chose MegaETH for its unprecedented performance:
Sub-millisecond latency – Essential for game-like responsiveness
100,000+ TPS – Handles complex swarms of trades
10ms blocks – Instant feedback on every tap
Unlimited gas – Complex payoff calculations in real-time
"You can't build substantial Web2-speed apps on Web3-speed rails" – Traditional chains with seconds-long block times can't deliver the instant gratification Euphoria requires.
Protocol Design Philosophy
Unlike platforms that start with protocol design and treat UX as an afterthought, Euphoria began with a simple question: "What would be the most intuitive and enjoyable trading experience possible?"
Finger gestures first – Like scrolling Instagram or swiping Tinder
Complexity hidden – Sophisticated market making under the hood
Mobile native – Not a desktop experience crammed onto phones
Economically sustainable – Real markets, not synthetic rewards
Market Positioning
Beyond Tap-to-Earn
Euphoria explains why tap-to-earn failed:
Tap-to-earn creates artificial economies with no real value
Tap Trading connects to existing market dynamics
Like the difference between a slot machine and a piano – one extracts value, the other enables expression
Target Audience
Primary: The "crypto-curious" who find Hyperliquid too complex
Secondary: Crypto natives seeking a fun, mobile trading experience
Vision: Make derivatives as accessible as Robinhood made options
The Euphoria Thesis
Core Beliefs:
If trading is fun, more people will trade
If trading is intuitive, more people will learn
If trading is social, more people will connect
If trading feels good, more people will thrive
"Hyper-speculation isn't a problem to solve; it's a design challenge to optimize"
Post-AGI Vision
The team presents a thought-provoking thesis: In a post-AGI world where AI handles all economic activity, hyper-gambling might become the ultimate form of social mobility – the only way to break out of the UBI class into wealth.
Resources & Further Reading
Podcast | Mafia Founders Series – Deep conversations with the team
The Bottom Line: Euphoria isn't trying to build a better trading terminal – they're reimagining what trading can be. By turning price predictions into simple taps and market dynamics into social games, they're creating the first trading platform built for how the next generation wants to interact with markets: playful, mobile, and deeply human.
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