Battle Royale in cryptocurrency refers to a gaming model where multiple players compete against each other, often in a decentralized environment. Each player usually starts with limited resources and aims to be the last one standing.

This competition can happen in various forms, like trading, staking, or participating in decentralized finance (DeFi) projects. Participants often use tokens or coins to represent their assets, and dynamic strategies are involved to outmaneuver opponents. As players engage in these competitions, they can earn rewards in the form of tokens, which can have real-world value.

The term leverages the excitement and unpredictability seen in battle royale video games, where the thrill comes from survival and competition. In this setup, collaboration can also occur, as players may form temporary alliances to target stronger competitors before ultimately turning against each other. Overall, Battle Royale adds an engaging layer of strategy and interaction in the space, promoting both competition and community involvement.