Competition rules:
- Futures PnL% = Profit / (Initial Equity + Total Deposits) * 100%
- Profit = Futures realized PnL + Futures unrealized PnL + Futures trading fees + Funding fees.
- Initial Equity = Total Account Balance in USDT terms at the start of the competition
- Total Deposits/Withdrawals = Sum of all deposits/withdrawals’ USDT value calculated by the price at the time of deposits/withdrawals within the competition
- All futures trading pairs are eligible for PnL% calculation, including USDC-PERP
- Combined main and all sub-accounts
- The user must have a positive PnL% to be eligible for rewards
- Trading volume calculation: all futures symbols excluding USDC-PERP
FAQ:
Q: How will PnL% be calculated for existing positions?
A: Existing positions will be counted as "Initial Equity". Their value will be calculated based on the campaign start time.
Q: Will PnL% from Spot be counted toward the tourney?
A: Spot will not be counted towards PnL%.
Q: Is staked WOO included in the calculation?
A: Staked WOO is not included.
Q: Why isn’t my PnL% updated on the event page?
A: The leaderboard calculation is initiated every hour and will take around 20 minutes to release the new data, you can check the last update time at the bottom-right of the leaderboard.
Q: I just remembered that I need to join the event before trading, will my PnL% and volume still be counted if I join now?
A: Yes, the calculation is based on the event start time.