Prize Pool
Top trader ranking
Complete tasks and receive instant trading bonus rewards!
- Activity period: 05 Dec, 2024 17:00 (GMT+8) - 30 Dec, 2024 23:59 (GMT+8)
- Enrolment eligibility:
- This campaign is open to new and existing OKX users who have completed KYC2 from South East Asia (excluding Brunei, Timor-Leste, Malaysia, Singapore and Vietnam)
- In order to receive the rewards, winners must pass or have previously passed OKX's advanced identity verification (KYC). Check your status here.
- You must click the "Join now" button and make sure the button is changed to "Joined" to be considered a valid participant of the event. Otherwise, your participation will be void.
- Participation in this activity is restricted to the main account only. Sub-accounts are not eligible to participate and the earnings of sub-accounts are not included in the calculation of the earnings of the main account.
- 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.
- Asset Qualification and Trading Volume Criteria
- Asset qualification criteria: the participant's main trading account balance must reach at least 100 USDT at any point in time during the Competition Period.
- Trading Volume Criteria: During the competition, users must have a spot trading volume and USDT perpetual contract trading volume equal to or greater than 10,000 USDT.
- 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 50 qualified participants join or it will be forfeited.
- P&L calculation formula
- 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.
- Before the participant achieves the asset qualification criteria, the P&L% will be calculated by using the asset qualification threshold instead of the participant's (initial equity + total deposit amount). After the participant achieves the asset qualification criteria, the P&L% will be calculated by (initial equity + total deposit amount).
- "Initial unrealised P&L" means the value of the participant's open USDT perpetual swap positions at the beginning of the Competition Period.
- Trading volume calculation: Cumulative valid spot and derivatives trading volume generated during the activity period. Trading volume from using OKX's other benefits, including but not limited to USDC fee waiver trades, will not be counted for this activity.
- Trades made with other OKX rewards or perks won't be counted as valid trades for this campaign, including but not limited to trades using rebate cards, contract vouchers, transaction fee waivers, etc.
- There are no restrictions on the amount of valid trades in terms of currency pairs and transaction types.
- The maximum prize pool for this campaign is 34,000 USDT (24,000 USDT and 10,000 USDT in trading bonus) to be distributed according to the final leaderboard ranking.
- Detailed information of the winning prizes are specified below:
- Trading volume rewards: Accounts for 70% of the total USDT prize pool, which will be distributed among the top 20 participants by spot trading volume.
- Rank 1 - 1 reward: 30% share of the spot trading volume prize pool
- Rank 2 - 1 reward: 20% share of the spot trading volume prize pool
- Rank 3 - 1 reward: 10% share of the spot trading volume prize pool
- Rank 4-5 - 1 reward: 10% share of the spot trading volume prize pool
- Rank 6 - 10 reward: 15% share of the spot trading volume prize pool
- Rank 11 - 20 reward: 15% share of the spot trading volume prize pool
- P&L rewards: Accounts for 30% of the total USDT prize pool, which will be distributed among the top 20 participants by perpetual contract trading volume.
- Rank 1 - 1 reward: 30% share of the spot trading volume prize pool
- Rank 2 - 1 reward: 20% share of the spot trading volume prize pool
- Rank 3 - 1 reward: 10% share of the spot trading volume prize pool
- Rank 4-5 - 1 reward: 10% share of the spot trading volume prize pool
- Rank 6 - 10 reward: 15% share of the spot trading volume prize pool
- Rank 11 - 20 reward: 15% share of the spot trading volume 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.
- Trading bonus is valid for 30 days. Refer to the rules of use for future credits for more details.
- By default, users who enter the campaign page and participate in this campaign have read and understood the Terms and Conditions of this campaign.
- Participation in this campaign is restricted to the main account only. Sub-accounts are not eligible to participate. The earnings of sub-accounts will not be included in the calculation of the earnings of the main account.
- Each user can only participate in one campaign at any one time. If a user participates in multiple campaigns, only the last campaign registered will be rewarded.
- Any and all applicable taxes and all fees and additional expenses, including connection, installation, and/or service costs, related to acceptance and use of the reward are the sole responsibility of the individual reward recipient.
- Users from the following countries or regions (subject to verification information) may not be eligible to participate in this campaign: please refer to clause 2.2 of OKX's Terms of Service.
- During the campaign period, OKX will closely track the behaviour of traders to avoid any form of cheating or abnormal behaviour, including but not limited to: registering multiple accounts, using other people's accounts, using other people's information to register accounts, false KYC information, maliciously increasing trading data, engaging in laundering trades or wash trades, violating the terms and conditions of the campaign, violating local regulatory rules for transaction and any other campaigns related to illegal, fraudulent or harmful purposes. If any of the above acts are deemed to be discovered by OKX, OKX reserves the right to disqualify the user from the reward.
- Notwithstanding anything to the contrary herein, OKX reserves the right to exclude any participant from participating in this campaign without notice.
- This activity is not (i) investment advice or an investment recommendation; (ii) an offer or solicitation, buy or sell digital assets; or (iii) financial, accounting, legal or tax advice. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition and risk tolerance. Please consult your legal/ tax/ investment professional for questions about your specific circumstances. Digital assets, including stablecoins and NFTs, are subject to market volatility, involve a high degree of risk and can lose value. Historical returns are not indicative of future returns and past performance is not indicative of future results. OKX is not responsible for any potential losses. Not all products offered in all regions and this activity may be limited or not offered in some markets. Please consult your legal/ tax/ investment professional for questions about your specific circumstances.
- OKX reserves the right to determine and amend the rules of the campaign at any time without further notice, including but not limited to cancelling, extending or terminating this campaign, modifying the eligibility conditions for users participating in the campaign, and adjusting the campaign and reward rules. All participants shall be bound by these revised terms.
- OKX reserves the right of final interpretation of this campaign. Please contact the customer service team if you have any questions.
- OKX is not responsible for technical, graphic, typographical or editorial errors or omissions. For more information, please visit www.okx.com © 2024 OKX.
- Where any discrepancy arises between the translated versions and the English version, the English version shall prevail.