Reward Structure
This page outlines the reward structure
Last updated
This page outlines the reward structure
Last updated
We believe in rewarding skill, strategy, and participation. Here's how the rewards break down for the top 100 participants in the "Total Trade Volume". Rewards will be distributed on Arbitrum One.
The prizes for both categories are as follows:
Rank | Reward in USDC | Min Trading Volume |
---|---|---|
Key Takeaways:
Check the minimum trading volume requirements for each prize tier before participating.
Aim to meet or exceed these requirements to ensure you're eligible for the prizes.
Your final prize eligibility is determined not just by your ranking but also by meeting these volume thresholds.
Understanding Prize Eligibility Based on Trading Volume In our trading competitions, reaching the minimum trading volume is crucial to qualify for a prize. This ensures that all winners have actively participated and contributed significantly to the trading activity during the competition period. Here’s how it works:
Prizes are tied to trading volume milestones. Each prize tier has a specific minimum trading volume requirement. You must meet or exceed this volume to be eligible for the prize associated with that tier.
Example Scenario:
First Place Prize: To win the first place prize of $1,500, a trader must achieve a minimum trading volume of $2.5M.
Second Place Prize: The second place prize is $9000, with a lower minimum trading volume requirement of $1.5M.
If you're the top trader but your trading volume falls short of the first place requirement (for example, you trade $2.2M, missing the $2.5M mark), you won't qualify for the first place prize. However, all is not lost. Your efforts can still be rewarded if your trading volume meets the criteria for the next prize tier.
In this scenario, since you've traded $2.2M — exceeding the $1.5M requirement for the second place prize — you qualify for the second place prize of $900. Note: The rewards are subject to the terms and conditions of the competition. The exchange reserves the right to modify these terms at any time.
1
1,500 USDC
2.5M tv
2
900 USDC
1.5M tv
3
600 USDC
1M tv
4-7
400 USDC each
700K tv
8-15
300 USDC each
500K tv
16-30
200 USDC each
300K tv
31-100
100 USDC each
200K tv