Trading Competitions

Overview

We are excited to announce a series of trading competitions in honor of our testnet launch. Each competition runs for one week and is based on the Profit and Loss (PnL) percentage achieved by participants. Traders can monitor their positions and progress on the leaderboard.

How to participate:

  1. Join the Testnet: Connect your wallet at https://testnet.x10.exchange/ to begin.

  2. Claim Funds: Users can claim $100,000 in test USDC per day.

  3. Start Trading: To qualify for the competition, execute at least one trade during the competition week.

  4. Monitor Your Progress: Regularly check your PnL% ranking on the leaderboard.

Please note that we will penalize the use of multiple accounts. If a user is found to be implementing the same trading strategy from multiple Level 1 wallets, we reserve the right to exclude those accounts from the leaderboard.

The X10 team reserves the right to modify terms and adjust event interpretations. For any questions, please head over to Discord for assistance!

Trading Competition 2: Ended

  • Timeline: From May 27, 12 pm UTC to June 3, 12 pm UTC.

  • Prize Pool: $3,000.

  • Prize Distribution:

    • 1st-10th places: $100

    • 11th-30th places: $50

    • Additional Prizes: Each of the five most active traders will receive $200 USDC. If you rank among the top by PnL% and also qualify as one of the most active traders, you will receive both rewards. The exact definition of "most active traders" will be provided at the end of the competition along with the announcement on how to claim prizes.

  • Leaderboard Updates: Every hour.

  • Claiming Prizes: Winners will be announced on Discord on June 3, along with details on how to claim their prizes.

Trading Competition 1: Ended

  • Timeline: From May 17, 00:00 UTC to May 24, 00:00 UTC.

  • Prize Pool: $2,500.

  • Prize Distribution:

    • 1st Place: $600

    • 2nd Place: $400

    • 3rd Place: $300

    • 4th to 10th Places: $100 each

    • Random Prizes: $100 USDC for each of 5 randomly selected traders who place at least 1 trade during the competition.

  • Leaderboard Updates: Every hour. The final ranking will be published on May 24 at 00:00 UTC.

  • Claiming Prizes: Winners will be announced on Discord on May 24, along with details on how to claim their prizes.

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