Competition Calendar
- Registration: August 1–31, 2024 (00:00 UTC+0 to 23:59 UTC+0)
- Competition Period: August 1–September 1, 2024 (00:00 UTC+0 to 23:59 UTC+0)
Eligibility Criteria
Enrollment Requirements
- Click "Join now" and confirm the button changes to "Enrolled" for valid participation.
- By enrolling, you consent to public display of your Profit and Loss Percentage (PNL%) on the leaderboard, including OKX UID, email, and rank.
👉 Opt-out anytime by contacting support.
Participation Restrictions
- Exclusive to affiliate invitees with completed global identity verification.
- Main accounts only—sub-accounts are ineligible.
- Geographic exclusions apply per OKX’s Terms of Use.
Competition Rules
Asset & Trading Volume Requirements
- Minimum balance: 300 USDT in main trading account during the Competition Period (PnL Period starts upon meeting this criterion).
- Trading volume: 100,000 USDT in USDT perpetual contracts during the PnL Period.
- Minimum participants: 10 qualified users; else, competition cancels automatically.
Valid Contracts
- Only USDT perpetual swaps qualify.
- Trading volume excludes platform rewards (e.g., rebate cards, vouchers).
P&L Calculation
Formula
P&L% = (P&L / (Initial Equity + Total Deposit Amount)) × 100%
Key Terms
- P&L = Unrealised P&L + Realised P&L - Initial Unrealised P&L
- Initial Equity: USDT balance in the first 5 minutes of the PnL Period.
- Total Deposit Amount: Sum of USDT deposits from non-trading accounts, spot trades, or vouchers during the PnL Period.
- Initial Unrealised P&L: Value of open USDT perpetual positions at PnL Period start.
FAQs
1. Can I join with multiple accounts?
No—only main accounts qualify. Sub-accounts are excluded.
2. What happens if I withdraw USDT during the competition?
Withdrawals don’t affect Initial Equity or Total Deposit Amount calculations.
3. How is trading volume verified?
Only USDT perpetual swap trades count. Volume from rewards is excluded.
👉 Explore more trading strategies to boost your PNL%.