diff --git a/entities/internet-finance/futarchy-arena.md b/entities/internet-finance/futarchy-arena.md
new file mode 100644
index 000000000..2b62ad245
--- /dev/null
+++ b/entities/internet-finance/futarchy-arena.md
@@ -0,0 +1,30 @@
+---
+type: entity
+entity_type: company
+name: "Futarchy Arena"
+domain: internet-finance
+status: failed
+founded: 2026-03-04
+platform: "Futardio"
+tracked_by: rio
+created: 2026-03-11
+key_metrics:
+  raise_target: "$50,000"
+  total_committed: "$934"
+  outcome: "refunding"
+  launch_date: "2026-03-04"
+  close_date: "2026-03-05"
+---
+
+# Futarchy Arena
+
+Futarchy Arena was a competitive onchain futarchy game where players made predictions on strategic decisions instead of voting. The project attempted to turn futarchy governance into a persistent competitive game with leaderboards, performance tracking, and measurable outcomes. The fundraise launched on Futardio on March 4, 2026, seeking $50,000 USDC with a $1,000 monthly spending cap, but closed the next day after raising only $934, triggering a refund.
+
+## Timeline
+- **2026-03-04** — Launched fundraise on [[futardio]] seeking $50,000 with $1,000 monthly spending cap
+- **2026-03-05** — Fundraise closed in refunding status after raising only $934 (1.9% of target)
+
+## Relationship to KB
+- [[futardio]] — launch platform
+- [[MetaDAO]] — futarchy infrastructure provider
+- Example of futarchy-governed game concept that failed to attract capital
\ No newline at end of file
diff --git a/entities/internet-finance/futardio.md b/entities/internet-finance/futardio.md
index 3939e1019..5e4f322bc 100644
--- a/entities/internet-finance/futardio.md
+++ b/entities/internet-finance/futardio.md
@@ -46,6 +46,7 @@ MetaDAO's token launch platform. Implements "unruggable ICOs" — permissionless
 
 - **2026-03-07** — Areal DAO launch: $50K target, raised $11,654 (23.3%), REFUNDING status by 2026-03-08 — first documented failed futarchy-governed fundraise on platform
 - **2026-03-04** — [[seekervault]] fundraise launched targeting $75,000, closed next day with only $1,186 (1.6% of target) in refunding status
+- **2026-03-04** — [[futarchy-arena]] fundraise launched seeking $50,000, closed next day after raising only $934 (refunding)
 ## Competitive Position
 - **Unique mechanism**: Only launch platform with futarchy-governed accountability and treasury return guarantees
 - **vs pump.fun**: pump.fun is memecoin launch (zero accountability, pure speculation). Futardio is ownership coin launch (futarchy governance, treasury enforcement). Different categories despite both being "launch platforms."
diff --git a/inbox/archive/2026-03-04-futardio-launch-futarchy-arena.md b/inbox/archive/2026-03-04-futardio-launch-futarchy-arena.md
index 1e19ff619..fca273eb2 100644
--- a/inbox/archive/2026-03-04-futardio-launch-futarchy-arena.md
+++ b/inbox/archive/2026-03-04-futardio-launch-futarchy-arena.md
@@ -6,9 +6,13 @@ url: "https://www.futard.io/launch/8UjuYsm1m8uNNVSeA1NSwvV6ch9G2QC14yKvpXjrRgw"
 date: 2026-03-04
 domain: internet-finance
 format: data
-status: unprocessed
+status: processed
 tags: [futardio, metadao, futarchy, solana]
 event_type: launch
+processed_by: rio
+processed_date: 2026-03-11
+extraction_model: "anthropic/claude-sonnet-4.5"
+extraction_notes: "Failed fundraise for futarchy game concept. Below significance threshold for claims extraction (raised <$1K, closed in 1 day, refunding status). Created entity page to document the failure as data point for Futardio platform activity. No novel mechanism insights or governance dynamics to extract as claims."
 ---
 
 ## Launch Details
@@ -137,3 +141,15 @@ Futarchy Arena makes that measurable.
 - Token mint: `DXSunZYhvgwe78jVk2MKtjpEVzj7hcuAkfi79jxtmeta`
 - Version: v0.7
 - Closed: 2026-03-05
+
+
+## Key Facts
+- Futarchy Arena fundraise launched 2026-03-04 on Futardio
+- Raise target: $50,000 USDC
+- Total committed: $934 (1.9% of target)
+- Monthly spending cap: $1,000
+- Status: Refunding
+- Closed: 2026-03-05
+- Launch address: 8UjuYsm1m8uNNVSeA1NSwvV6ch9G2QC14yKvpXjrRgw
+- Token: DXS
+- Platform version: v0.7