Prize Pool
Payback Reward EVENT! Complete the task to get your $210 trading bonus rewards!
Ranking
The leaderboard updates every 5 minutes.
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- Complete KYC2 identity verification to participate and claim the rewards in this campaign.
- Asset qualification and trading volume criteria
- Asset qualification criteria: the participant's main trading account balance must reach at least 300USDT at any point in time during the Competition Period (the period of time from the participant meeting this asset qualification criteria to the end of the Competition Period being the "P&L Period").
- Trading volume criteria: The user's USDT Perpetual contract trading volume must be greater than or equal to 100,000USDT during the competition period, and will be used to calculate individual P&L and team P&L.
- Users who have not met the Asset and Trading volume criteria during the competition period will be removed from the leaderboard after the competition has ended.
- Competition should have at least 10 qualified participants join or it will be forfeited.
- Calculation formula
- P&L% = P&L / (Initial Equity + Total Deposit Amount) * 100%
- P&L = [unrealised P&L + realised P&L - initial unrealised P&L]
- "Initial Equity" means the USDT balance in a participant's main trading account during the first five (5) minutes of the competition period or enrolment time, whichever later. For clarity, any withdrawals or losses of USDT from/in the participant's main trading account during the PnL Period will not affect the calculation of Initial Equity.
- "Total Deposit Amount" means the sum of (a) any USDT transferred from the participant's non-trading OKX accounts to their main OKX trading account during the Competition Period, (b) any USDT the participant obtains from spot trades in their main trading account during the Competition Period; AND (c) any USDT the participant obtains from contract vouchers during the Competition Period. For clarity, any withdrawals or losses of USDT from/in the participant's main trading account during the Competition Period will not affect the calculation of the Total Deposit Amount.
- If the user's (Initial equity + Total deposit amount) is less than the asset qualification threshold, we will calculate the user's P&L% using the asset threshold value as the P&L% Calculation Base. For example, if the asset threshold is 1,000 U, the P&L% = (P&L / 1,000) * 100%
- Example 1: User A starts with an initial equity of 360U and does not make any deposits into their trading account. After trading, their P&L is 700U, and their trading equity meets the qualification requirement of 1000U. However, since User A’s initial equity plus total deposits (360U) is below 1000U, we use the P&L% Calculation Base of 1000U for the denominator. Therefore, User A’s P&L% will be: (700/1000)*100%= 70%.
- Example 2: If User A deposits 700U, their initial equity plus deposits equals 1060U. Now, since this amount is above the threshold, the P&L% is calculated directly using this sum as the denominator. Therefore, User A’s P&L% will be: (700/1060)*100%=66.04%.
- Example 3: User B starts with an initial equity of 200U and makes no deposits to their trading account. After trading, their P&L is 700U, resulting in a trading equity of 900U. For the P&L% calculation, we would estimate using P&L% Calculation Base of 1000U for the denominator: (700/1000)*100%= 70%.
However, since User B’s trading equity (900U) does not meet the 1000U qualification, they would need to deposit an additional 100U to qualify for rewards.
- "Initial unrealised P&L" means the value of the participant's open USDT perpetual swap positions at the beginning of the Competition Period.
- Only USDT perpetual swap
- Only USDT perpetual swap trading pairs are eligible for this Trading Competition ("Eligible Contracts"). Trading volume from Eligible Contracts is calculated based on trading volume generated strictly from eligible user’s own funds, excluding the use of platform rewards such as rebate card, contract voucher etc.
- All displayed data on the page is not real-time data and will have a certain delay. If the page is not updated, please wait for a period of time and return to refresh the page to view the data.
- The maximum prize pool for this campaign is 40,000 USDT, to be distributed according to the final leaderboard ranking.
- Detailed information of the winning prizes are specified below:
According to the campaign rules, explain how the rewards of the leaderboard are divided and distributed.
Profit rate: 7 rewards
- Rank 1 - 1 reward: 50% share of the profit rate prize pool
- Rank 2 - 1 reward: 30% share of the profit rate prize pool
- Rank 3 - 1 reward: 10% share of the profit rate prize pool
- Rank 4~7 - 4 reward : 10% share of the profit rate prize pool
Trading Volume : 7 rewards
- Rank 1 - 1 reward: 50% share of the profit rate prize pool
- Rank 2 - 1 reward: 30% share of the profit rate prize pool
- Rank 3 - 1 reward: 10% share of the profit rate prize pool
- Rank 4~7 - 4 reward : 10% share of the profit rate prize pool
- Rewards will be issued within 15-30 days of the end of the campaign. The platform has the right to postpone the issuance of rewards for any reason it deems necessary in its discretion, such as large-scale risk control checks and other issues.
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