diff --git a/entities/internet-finance/futarchy-arena.md b/entities/internet-finance/futarchy-arena.md
new file mode 100644
index 000000000..946189e1e
--- /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
+platform: "futardio"
+tracked_by: rio
+created: 2026-03-11
+key_metrics:
+  raise_target: "$50,000"
+  total_committed: "$934"
+  monthly_spending_cap: "$1,000"
+  outcome: "refunding"
+---
+
+# Futarchy Arena
+
+Futarchy Arena is a competitive onchain futarchy game where players predict on strategic decisions rather than vote, with markets determining outcomes and a persistent leaderboard tracking prediction accuracy, profitability, and risk-adjusted returns across seasons.
+
+The project launched a fundraise on Futardio targeting $50,000 USDC with a $1,000 monthly spending cap but failed to reach its target, raising only $934 before entering refunding status.
+
+## Timeline
+- **2026-03-04** — Launched fundraise on Futardio targeting $50,000 with $1,000 monthly spending cap
+- **2026-03-05** — Fundraise closed in refunding status with $934 committed (1.9% of target)
+
+## Relationship to KB
+- [[futardio]] — launched on this platform
+- [[MetaDAO]] — implements futarchy governance model that this game gamifies
+- [[futarchy-governed-meme-coins-attract-speculative-capital-at-scale]] — contrasts with this failed serious application
\ No newline at end of file
diff --git a/entities/internet-finance/futardio.md b/entities/internet-finance/futardio.md
index 3939e1019..dc0a35280 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]] launched fundraise targeting $50,000, closed next day with 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..1f2d255a5 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. No novel claims about futarchy mechanisms—just describes standard conditional market mechanics applied to competitive gaming. Entity created to track the launch/failure event. Project falls below significance threshold for detailed analysis but worth tracking as a futarchy application attempt on Futardio platform."
 ---
 
 ## Launch Details
@@ -137,3 +141,11 @@ Futarchy Arena makes that measurable.
 - Token mint: `DXSunZYhvgwe78jVk2MKtjpEVzj7hcuAkfi79jxtmeta`
 - Version: v0.7
 - Closed: 2026-03-05
+
+
+## Key Facts
+- Futarchy Arena fundraise launched 2026-03-04 targeting $50,000 USDC
+- Futarchy Arena raised $934 total (1.9% of target) before refunding
+- Futarchy Arena proposed $1,000 monthly spending cap for 50-month runway
+- Futarchy Arena game loop: decision proposed → YES/NO markets open → players trade → outcome evaluated → markets resolve → leaderboard updates
+- Futarchy Arena tracks prediction accuracy, profitability, risk-adjusted returns, and long-term consistency