From AppleGamingWiki, the wiki about gaming on M1 Apple silicon Macs

macOS Compatibility

Method Rating Notes
Native Perfect osu!lazer, download here. Download Apple Silicon or Intel version according to your Mac.
Rosetta 2 Perfect Works great however is not needed anymore, see above for Apple Silicon version of osu!lazer
iOS/iPadOS App Perfect TestFlight link: https://osu.ppy.sh/home/testflight
Compatibility layer
Wine Perfect osu!stable (with score submission), see here for instructions, UI can be sluggish but game works perfectly
Parallels Playable osu!stable (with score submission), massive audio latency, use speakers/wired audio if possible to avoid more latency