Dear users,

In appreciation of your continued support, AscendEX is excited to roll out a special promotion for futures trading in June, offering a total prize pool of $30,000. Showcase your trading prowess and win big!

Event Period: 2024/5/31 00:00 - 2024/6/30 00:00 (UTC)

How to Participate: Register for the event here

Event 1: Top Futures Trading Leaderboard to Share $20,000 

During the event period, participants who trade futures stand to win a share of $20,000 based on their rankings by PnL% and trading volume.

RankingReward for Top 50 (by PnL%)Reward for Top 50 (by Trading Volume)
1$3,500$5,000
2$2,000$2,500
3$1,000$1,500
4-10An equal share of $1,000An equal share of $1,500
11-50An equal share of $500An equal share of $1,500

Event 2: Trade Futures to Share Weekly Red Packets worth $10,000

During the event period, participants who trade futures for at least 3 days in a week with a cumulative trading volume of ≥1,000 USDT are eligible to receive rewards. 50 winners will be selected at random every Wednesday and each will get $50.

Trading Period (UTC)RewardNo. of WinnersLucky Draw Date
5/31 00:00 - 6/8 00:00$50/winner506/12
6/8 00:00 - 6/15 00:00$50/winner506/19
6/15 00:00 - 6/22 00:00$50/winner506/26
6/22 00:00 - 6/30 00:00$50/winner507/3

Note: Red Packets are given once a week. Users can participate every week during the event period. Participants’ trading stats will be reset to zero when a new week starts. 

Notes:

1. Users with an *original net asset ≥10 USDT in their Futures account are eligible to join this event.
2. Calculation Rules:
PnL% = *PnL / (*Original net asset + Assets transferred in the futures account during the event) × 100%;
*PnL = Net account assets (including unrealized PnL and trial bonuses) – Original net asset (including unrealized PnL and trial bonuses) + Assets transferred out from the futures account during the event – Assets transferred in the futures account during the event.
*Original net asset = Total assets in the futures account before the event starts (including unrealized PnL and trial bonuses)
3. A day is defined from 00:00 to 00:00 (UTC) the next day.
4. Rewards will be credited to winners’ AscendEX cash accounts within 7 days after the event ends. The total trading volume of the winning users in Event 1 must be greater than 100,000 USDT in order to receive the reward, otherwise the reward will not be given.
5. The event rewards are composed of 50% in USDT and 50% in futures bonus. The futures bonus is given in the form of futures loss offset bonus. When using the offset bonus, you just need to focus on trading to earn profits, as the platform will subsidize your losses (up to 10% loss offset)! The bonus can apply to any amount of futures traded within 21 days. >>Check how to use the Futures Loss Offset Bonus
6. Sub-accounts cannot be used to participate in this event. The trading volume of sub-accounts is counted towards their main account.
7. AscendEX reserves the right to the final interpretation. AscendEX reserves the right to disqualify users' reward eligibility if the account is involved in any dishonest behavior. 

Thank you for your continued support!

AscendEX Team

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