A new global trading challenge has launched with a sizable $10 million USDT prize pool, open to traders looking to compete through skill, strategy, and consistent performance. This time, it’s not just about topping the charts alone. The competition features team rankings, individual volume leaderboards, and gamified daily mechanics that offer rewards tied to real trading activity.

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A notable feature: an early bird incentive. The first 2,000 participants to register and complete 50,000 USDT in trading volume will receive a 20 USDT futures bonus. From structured reward tiers to fairness safeguards, the event is designed to balance high-stakes engagement with transparent, rules-based participation.

Know What’s Up

Running from August 13 to September 2, 2025, the challenge is hosted by an international crypto exchange and is available to users in supported regions. Participation is free, but registration is required through the platform’s event portal.

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Traders can join in one of two ways:

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• Apply to become a Team Leader before August 26, with the opportunity to lead a ranked team and access a dedicated reward pool.
  
  
• Join an existing team before September 2 and compete for both individual and team-based incentives.

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The competition isn’t limited to single leaderboard chases. Instead, it layers multiple mechanics—daily tasks, volume milestones, and PNL-based team rankings—each with its own set of requirements and potential bonuses.

Key Mechanics and Rewards

The total prize pool is distributed across several formats. Participants can unlock rewards through daily activity, cumulative performance, and team collaboration.

Daily Lucky Spin

For every 75,000 USDT in daily trading volume, users receive one spin (up to three per day) for a randomized bonus. This mechanism resets at 14:59 UTC+0 daily, and rewards are distributed on a first-come, first-served basis.

Daily Checkpoint Rewards

Participants can also earn bonuses by crossing preset trading volume thresholds within the same 24-hour cycle. These checkpoints are one-time opportunities—unclaimed rewards expire at the daily cutoff time.

Daily Volume Leaderboard

Each day, the top 200 traders by trading volume qualify for a separate ranking pool. To be eligible, participants must meet a minimum of 4 million USDT in volume. Higher ranks demand significantly more—up to 80 million USDT for the top spot, with potential for reward multipliers if a trader surpasses 150 million in daily volume.

Rewards are tiered:

Team Rankings and Leader Rewards

For those building teams, rankings are based on PNL rate across all members. Teams with the highest collective performance will share a portion of the team reward pool. The top 10 team leaders—selected by final team standings—will split an additional 20% allocation set aside exclusively for leadership roles.

Early Bird Bonus

Separate from daily and performance incentives, the campaign includes a limited-time early bird offer: 20 USDT in futures bonus for the first 2,000 registrants who meet the 50,000 USDT trading volume after the event starts.

Participant Guidelines

The event emphasizes fair trading behavior, with clearly outlined disqualification criteria:

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• Market makers and institutional sub-accounts are not eligible.
  
  
• Activities such as wash trading, self-dealing, or repeated identical strategies across multiple accounts will result in removal.
  
  
• High-frequency order placement and cancellations may also trigger disqualification.
  
  
• Accounts tied to the same IP address are automatically flagged for review.

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Participants are encouraged to maintain unique, organic trading activity. The platform reserves full discretion to enforce all rules.

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This event however is hosted by an international exchange not registered as a Virtual Asset Service Provider (VASP) in the Philippines. This article is provided for educational and informational purposes only. It does not constitute investment advice or a recommendation to participate.

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Filipino users are advised to consult the latest guidance from the Securities and Exchange Commission (SEC) before engaging with any crypto-related service outside the country’s regulatory perimeter.

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Unlike traditional leaderboard races focused solely on net profit, this competition introduces multiple ways to participate through volume, activity, team coordination, or day-to-day consistency. While the headline figure may catch attention, the structure underneath rewards those who stay active, follow the rules, and navigate the event’s daily mechanics with care.

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