The Brief
LATEST ASSESSMENT
RECON · 33d ago○ Dormant· no activity in 231d· low confidence · single source· as of Sep 23
@SpeedTradingEx (1.2K followers) just announced 'Speed Royale' — a biweekly trading competition with $5K prize pool (230d ago). However, the account had a major outage 250d ago with refunds issued and 'malicious trading' spike; they also paused PENGU live trading to demo-only for security hardening. Despite this, they launched PENGU with 100x leverage (252d ago, 65❤️) and ran a Christmas volume…
Speed Royale competition with $5K prize poolPENGU markets (100x leverage) now demo-only after outageSite outages, refunds, and malicious activity spike
EvidenceRead from 20 posts1 tracked handleWindow Dec 15, 2025 – Feb 3, 2026
About
Speed Trading is a leverage trading application on Abstract built by Pandora, the team behind pandora.fun. It is designed for fast, high-leverage trading on the consumer chain, branded "Trading on the Consumer Chain."
What is Speed Trading
Speed Trading lets users open long or short leveraged positions on Abstract assets directly from a streamlined trading interface. It draws on Abstract's canonical DEX liquidity rather than running a separate order book, so trades route into the deepest pools available on the chain.
Key Features
- Long and short leveraged positions on supported Abstract pairs.
- Take-profit controls and adjustable position sizing.
- Both a demo mode (paper trading) and a real-trade mode.
- Wallet connection via the Abstract Global Wallet (AGW) and standard EOA wallets.
How It Works
As a Pandora product, Speed Trading sits on top of Abstract's native liquidity and tooling. Traders connect a wallet, choose a market, set direction and size, and manage positions in-app. The "Abstract Alpha" release brought the product live to early users on the chain.
Where it sits
Last verified Jun 11, 2026Monitoring: paused · last checked Sep 17, 2026
Media · 1
Network
Network · 1 connection
Similar operationsnearest in the narrative space · computed from entity embeddings
The Record
The Timeline
The record
Every dated thing we know · Jan 2026 → Sep 2026Sep 19, 2026Assessment
Assessment — Informational
SpeedTradingEx (1.2K followers) suffered a major outage 248 days ago, issued refunds and cited malicious trading activity, then recovered and launched the 'Speed Royale' competition with a $5K prize pool 227 days ago. The account has been inactive for ~7.5 months since that announcement, with no recent updates on the competition or platform status.
@speedtradingex
Sep 17, 2026Assessment
Assessment — Informational
Account @SpeedTradingEx (1,203 followers) has been inactive for 225+ days since announcing the Speed Royale competition with a $5k prize pool. Prior activity showed platform outages, refunds for failed trades, and a PENGU market launch on AbstractChain. No recent tweets or updates suggest the project may be dormant.
@speedtradingex
Sep 14, 2026Assessment
Assessment — Neutral
SpeedTradingEx (1.2K followers) recently resolved a major outage and malicious activity (242-243d ago), refunded affected users, and relaunched $PENGU markets (233d ago). Now promoting 'Speed Royale' competition with $5K prize pool every two weeks (222d ago). Platform still recovering trust after security issues.
@speedtradingex
Sep 12, 2026Assessment
Assessment — Neutral
SpeedTradingEx (1.2K followers) is currently running the 'Speed Royale' competition with a $5,000 prize pool, trading every two weeks to climb a leaderboard. The platform recently suffered an outage and malicious activity (240 days ago) but resumed operations after refunds and safeguards. They also collaborated with @AbstractChain for a badge update and PENGU markets went live then demo-only. The most recent tweet (220d ago) promotes the Royale, indicating the platform is active despite past ...
@speedtradingex
Sep 10, 2026Assessment
Assessment — Informational
SpeedTradingEx (1.2K followers) is recovering from a Jan 31 outage that caused deposit/execution issues, has refunded affected users, and flagged malicious trading behavior. After scaling fixes, BTC/ETH/SOL/XRP/DOGE pairs are live, but $PENGU remains demo-only. Past promos like Speed Royale ($5K prize pool, race every two weeks) show activity, but recent focus is technical stability on @AbstractChain.
@speedtradingex
Sep 7, 2026Assessment
Assessment — Neutral
SpeedTradingEx (1.2K followers) recently launched a $5K prize pool 'Speed Royale' competition every two weeks, and resumed PENGU markets after a major outage that required refunds and anti-manipulation measures. The platform processed $148M volume during a Christmas event, but past technical issues and malicious activity suggest ongoing risk.
@speedtradingex
Sep 4, 2026Assessment
Assessment — Bullish
SpeedTrading experienced a major outage 233 days ago affecting deposits and trade execution, followed by system maintenance and refunds to affected users. The platform has since stabilized with $148M trading volume over the holidays and is actively running promotional campaigns (Speed Royale leaderboard, raffles, holiday rewards) with leverage trading up to 100x on tokens like $PENGU across @AbstractChain.
@speedtradingex
Sep 2, 2026Assessment
Assessment — Informational
SpeedTradingEx (1.2K followers) just resolved a major outage from 230 days ago that caused deposit/execution issues, refunding affected users and implementing scaling improvements. The platform is now live with BTC, ETH, SOL, XRP, DOGE pairs and a $5K Speed Royale competition running bi-weekly. Recent activity shows heavy focus on $PENGU markets (up to 100x leverage) and holiday trading incentives, but engagement is low (single-digit likes).
@speedtradingex
Aug 31, 2026Assessment
Assessment — Bullish
SpeedTradingEx recently launched Speed Royale, a biweekly trading competition with a $5,000 prize pool, and PENGU markets are live again after a brief outage. The platform is also running raffles that award tickets on every real trade, with prizes up to 200% of traded margin, following $148M in volume during its Christmas event.
@speedtradingex
Aug 29, 2026Assessment
Assessment — Bullish
SpeedTrading experienced a major outage ~227 days ago affecting deposits and trade execution, with refunds issued and system upgrades completed. Platform is now operational with $PENGU markets live at 100x leverage, and ongoing gamification via raffles (1 ticket per trade) and bi-weekly Speed Royale competitions with $5,000 prize pools.
@speedtradingex
Jun 11, 2026★ MilestoneGraph · edge
SpeedTrading, the Abstract micro-perps trading primitive, is built by Pandora.fun.
high confidence
Jun 6, 2026★ MilestoneGraph genesis
Added to the graph
Speed Trading entered the Descout entity graph — the start of its permanent record.
Feb 3, 2026Activity
Announced Speed Royale trading competition with $5,000 prize pool and bi-weekly leaderboard races.
bullish · competition / trading / rewards
@speedtradingex
Jan 30, 2026Activity
SpeedTradingEx announced extra rewards for all trades with their top trader earning 341 tickets.
bullish · rewards / trading / promotion
@speedtradingex
Jan 23, 2026Activity
SpeedTradingEx announced PENGU markets went live again on their platform.
bullish · launch / PENGU / trading
@speedtradingex
Jan 20, 2026Activity
Shared a single link without additional context or commentary.
neutral · link sharing
@speedtradingex
Jan 19, 2026Activity
SpeedTradingEx announced live raffles where every real trade earns a ticket for prizes up to 200% of traded margin.
bullish · raffles / trading / rewards
@speedtradingex
Jan 15, 2026Activity
SpeedTrading announced BTC, ETH, SOL, XRP and DOGE pairs are fully operational while PENGU remains demo-only.
bullish · platform update / trading pairs / operational status
@speedtradingex
Jan 14, 2026Activity
SpeedTrading experienced major outages affecting deposits and trade execution, took site offline for maintenance and system upgrades.
bearish · outage / maintenance / technical issues
@speedtradingex
Jan 12, 2026Activity
Announced PENGU token trading with 100x leverage went live on their platform.
bullish · trading / leverage / launch
@speedtradingex
Jan 5, 2026Activity
SpeedTrading announced $148M trading volume over the holidays and teased a Rare Present feature.
bullish · trading volume / holiday performance / product feature
@speedtradingex
Open questions (1)
What the record doesn’t answer yet.
Operating status› DetailsWe can't yet confirm whether Speed Trading is still operating.
We auto-paused monitoring of Speed Trading after its tracked handle (@SpeedTradingEx) went quiet for an extended period. The last new activity we saw was around 2026-09-17. Is Speed Trading still operating? A sourced answer here restores active monitoring.
Can't see · Monitoring was paused on inactivity, so we can no longer confirm this entity’s current status first-hand.
Where to look ·the project’s official site or blog·a recent first-party post (X / Discord / Farcaster)·a team or founder announcement
