🏅Trading Competition Series
Compete against other traders in a 3-round trading competition series exclusively available to Vertex on Sei users. Ascend the ranks and win a share of the 150,000 SEI tokens available as prizes.
Trading Competition Series -- Overview
Join the exciting 3-round Sei Trading Competition Series on Vertex! Each round offers an independent competition with a prize pool of 50,000 SEI tokens, totaling 150,000 SEI tokens over the course of roughly three weeks.
Compete against fellow traders for a chance to claim your spot as the top trader on Sei. Each of the three rounds will follow the same structure:
Duration = 5 Days
Start = Mondays @ 16:00 UTC
End = Saturdays @ 16:00 UTC
Total Prize Pool (Per Round) = 50,000 SEI tokens
Total Prize Winners (Per Round) = 20
Prize Tiers and Eligibility
Each round is divided into two tiers, each with its own prize pool and eligibility criteria:
Tier 1:
Prize Pool: 35,000 SEI tokens
Minimum Account Size: $1,000
Minimum Trading Volume: $10,000
Total Winners: 10
Tier 2:
Prize Pool: 15,000 SEI tokens
Minimum Account Size: $250
Minimum Trading Volume: $2,500
Total Winners: 10
Competition Schedule
Round 1:
Start: Monday, September 30th @ 16:00 UTC
End: Saturday, October 5th @ 16:00 UTC
Round 2:
Start: Monday, October 7th @ 16:00 UTC
End: Saturday, October 12th @ 16:00 UTC
Round 3:
Start: Monday, October 14th @ 16:00 UTC
End: Saturday, October 19th @ 16:00 UTC
To qualify for either tier of the trading competition, users need to reach an account value of greater than or equal to the minimum requirement to qualify for prizes.
New Traders: Deposit at least:
Tier 1 = $1,000
Tier 2 = $250
Existing Traders: If your account is already worth over $1,000 and / or $250, you’ll automatically be eligible. If not, you’ll need to deposit more to surpass the minimum requirement thresholds.
Rankings
Traders are ranked based on the best positive % PnL.
The positive % PnL (in USD) is calculated using the Modified Dietz Return Method which takes into consideration cash flows in and out of the account to calculate the trader's performance.
You can learn more about the Modified Dietz Return method and calculation here:
Make sure to keep track of your position on the leader-board and stay tuned to the Official Vertex Twitter account for more information!
Prize Pool & Distribution
The top 20 traders in total, including both Tiers 1 and 2, will earn a portion of the 50,000 SEI tokens available as prizes. The prize distribution is the same for each of the 3 rounds in the series and displayed below.
Tier 1 Prizes
1
10,000 SEI
2
7,500 SEI
3
5,000 SEI
4
4,000 SEI
5
3,000 SEI
6
2,000 SEI
7
1,000 SEI
8
1,000 SEI
9
750 SEI
10
750 SEI
Tier 2 Prizes
1
5,000 SEI
2
2,500 SEI
3
2,000 SEI
4
1,500 SEI
5
1,250 SEI
6
1,000 SEI
7
750 SEI
8
500 SEI
9
250 SEI
10
250 SEI
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