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The leaderboard ranks all Theta Labs traders by total P&L. It runs in two separate modes — one for live trading and one for paper trading — so your performance in each is tracked independently. Navigate to the Social page and use the mode toggle at the top to switch between them.

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Live vs paper leaderboard

The live leaderboard ranks traders by their combined realized and unrealized P&L across all Polymarket and Kalshi spot trades.What counts toward your ranking:
  • Realized P&L from closed positions on Polymarket and Kalshi
  • Unrealized P&L from open positions, valued at current market prices
  • All trades made through your connected Theta Labs account
Rankings update in real time as prices move and trades are settled. Active traders who trade daily are also eligible for a share of the Kalshi and Polymarket builder program rebate pool, distributed to active users.

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Rankings

Each row in the leaderboard table shows the following metrics for a trader:
ColumnDescription
RankYour position on the leaderboard, ordered by total P&L
TraderYour display name or wallet address
VolumeTotal dollar value of trades you’ve placed
Total P&LCombined realized and unrealized profit and loss, in dollars
ReturnTotal P&L as a percentage of your total trading volume
The table is paginated in groups of 10. Use the page controls at the bottom to navigate through all ranked traders.

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Finding yourself on the leaderboard

Scroll through the pages to locate your rank, or look for your display name in the Trader column. Your name is set from your Theta Labs account profile. If you haven’t made any trades yet in the selected mode, you won’t appear on the leaderboard until your first trade is recorded.

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Medal tiers

The top three positions receive special styling to highlight the leading traders:
PositionMedal
1st placeGold — highlighted row with gold border and text
2nd placeSilver — highlighted row with silver border and text
3rd placeBronze — highlighted row with bronze border and text
All other positions use standard row styling without a medal highlight.