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// THE CONDITIONS YOU FACE

Market Environments

When you create a challenge you pick the kind of market your controller will face. The environment shapes which pressures show up and how often. During the run, discrete labeled events appear on a live timeline, so you can connect a peg wobble to the thing that caused it.

The rules of control never change. The weather around them does.

Pick your weather

When creating a challenge you select a market environment. Random mixes regimes together so no single theme dominates. Calm is quieter and rewards precision. The others each lean into a theme. Chaos blends maximum stress across the board. Picking an environment changes which pressures dominate, not the rules of control.

// Calm

Calm

Quieter conditions that reward precision and clean, low-noise tuning.

// Volatile

Volatile Markets

Whippy prices that swing fast and test how cleanly you respond.

// Crunch

Liquidity Crunch

Thin depth, where every unit of authority counts more.

// Breakdown

Arbitrage Breakdown

Slow self-correction, so the market leans harder on your controller.

// Panic

Holder Panic

Demand and confidence drop together and pull the peg lower.

// Pressure

Borrower Pressure

Leverage demand strains rates and pushes from the other side.

// Whipsaw

Recovery Whipsaws

Sharp snap-backs that punish a controller that overcorrects.

// Chaos

Chaos

Maximum stress, with every pressure blended at once.

Named market events

During a run, discrete labeled events appear on the market timeline. Each one pushes a specific pressure for a window of time, then fades. You do not control when they fire. You read them and respond.

Events arrive on a live timeline
// 01Liquidity draindepth thins out
// 02Market selloffprice pushed down
// 03Redemption pressureexits build
// 04Volatility regimeswings widen
// 05Recovery whipsawsharp snap-back

The full set spans liquidity drain, market selloff, redemption pressure, holder exit, borrower demand spike, arbitrage impairment, rate stress, volatility regime, confidence shock, and recovery whipsaw. Each is a named, readable nudge on one pressure, not a hidden change to how control works.

Read the timeline as you play

The live market timeline and the play-by-play tell you what is happening and why. That is how you tie a peg move to the event behind it. When the gap suddenly widens, look for the label that just landed and connect cause to effect.

Speak in relative terms. The exact magnitudes and event counts are intentionally not published, so you learn to read the chart rather than memorize a table.

Study your runs in replay

Replays are where the timeline becomes a teacher. Scrub back to each labeled event and watch how your controller answered it. The conditions your config handles well and the ones that expose its weaknesses will show up over a few runs. That is the read you carry into the next tuning pass.

Tuning intuition by regime

Different regimes reward different habits. None of these are formulas. They are the general instincts that hold up across runs.

ConditionWhat it rewards
Thin liquidityController authority over raw spend, used with discipline.
Whippy pricesResponsiveness with enough smoothing to avoid chasing noise.
Snap-backsRestraint, since overcorrection gets punished hardest here.
Persistent driftA steady, accumulated correction rather than a single hard shove.

The goal is not a controller tuned to one event. Build one that behaves repeatably across shocks. A config that stays composed through several different conditions will beat a config that only shines when its one favorite event shows up.

Next: how difficulty sets the conditions and the run length, in Creating a Challenge.