All Guilds participate automatically as they are listed on the leaderboard.
Every Guild competes for the highest Taker volume within the competition period and all derivative trades count towards the competition if they are closed within the above time frame.
The Guild pot will be distributed to the top five Guilds on the leaderboard, as follows:
- 1st place = 1,000 USDT
- 2nd place = 800 USDT
- 3rd place = 600 USDT
- 4th place = 400 USDT
- 5th place = 200 USDT
Guilds will also be eligible for a special sign-up bonus of up to 150 USDT for every new and actively trading Guild member recruited within a competition period.
The bonus amount for a Guild will depend on the number of new members recruited. The bonus will start at 15 USDT per new member for the first five members recruited and will increase by 15 USDT for each subsequent set of five members.
The special sign-up bonus amount will be determined as follows:
- For the 1st - 5th member recruited: 15 USDT per member
- For the 6th - 10th member recruited: 30 USDT per member
- For the 11th - 15th member recruited: 45 USDT per member
- For the 16th - 20th member recruited: 60 USDT per member
- For the 46th - 50th member recruited: 150 USDT per member
Each Guild’s sign-up bonus will be capped at 4,125 USDT.
New members must meet the minimum requirement of $35,000 total trading volume within a competition period to qualify as an actively trading Guild member.
The signup period for new Guild members will begin Friday 24 November 2023 at 00:00 UTC and will end Saturday 2 December 2023 at 23:59 UTC.
Guild members who choose to change between different Guilds will be excluded from this offer.