MegaTAO 101

What is MegaTAO?

MegaTAO is a perpetual futures DEX on Bittensor EVM. It allows leveraged trading on Bittensor Alpha token prices using TAO as collateral.

How it works

1. Connect your wallet to megatao.com

2. Deposit TAO as margin

3. Open a position (long or short) on an Alpha token with your chosen leverage

4. The protocol vault fills your order instantly

5. Funding payments accrue based on market imbalance between longs and shorts

6. Close the position when ready and realize your P&L in TAO

Key Properties

Property	Detail
Collateral	Native TAO
Max leverage	3x
Markets	12 Alpha tokens
Settlement	All P&L in TAO
Liquidity	Order book matching + protocol vault
Pricing	On-chain oracle from pool reserves
Chain	Bittensor EVM (Chain ID: 964)

Architecture

The protocol consists of the Futures Contract (core trading logic), a Price Oracle (on-chain price feeds from pool reserves), a Protocol Vault (counterparty liquidity), and a Keeper (automated liquidations). All contracts run on Bittensor EVM.

Documentation

Section	Description
Onboarding	Connect your wallet and make your first trade
MegaTAO Core	Alpha tokens, vault, and protocol mechanics
Trading	Perpetual futures, funding, liquidations, fees
Security & Audits	Audit reports and smart contract security
Support	FAQ and contact information