Campaign Calendar:

• Team Leader Registration Period: 18 Jul 2024 12:00 UTC - 26 July 2024 11:59 UTC

• User Registration Period: 26 Jul 2024 12:00 UTC - 08 Aug 2024 11:59 UTC

• Competition Period - Heats: 01 Aug 2024 12:00 UTC - 18 Aug 2024 23:59 UTC

• Competition Period - Finals: 23 Aug 2024 12:00 UTC - 05 Sep 2024 23:59 UTC

How to participate

• You must click the "Join a Team" button and and make sure the button is changed to "Enrolled" to be considered a valid participant of the event. Otherwise, your participation will be void.

• Before the competition starts, you are free to join any team. After the competition starts while the user registration period is ongoing (i.e. after 01 Aug 2024 12:00 UTC), you need to get the Team Leader's approval to join the trading team. If Team Leader accepts, you can participate in both Team Trading Competition & Individual Trading Competition. If Team Leader declines, you can only take part in the Individual Trading Competition, and your trading result is only recorded on Individual Leaderboard.

Competition participant eligibility

• You must click the "Join Existing Team" button and and make sure the button is changed to "Enrolled" to be considered a valid participant of the event. Otherwise, your participation will be void.

• Users must complete KYC identity verification in order to participate and claim rewards in this Trading Competition.

• Individual accounts whose account tier is VIP 6 or above are not allowed to register and participate in this Trading Competition.

• Only registered affiliates from the following countries or regions will be eligible to create teams and become Team Leaders (subject to verification information):

  Armenia, Azerbaijan, Belarus, Georgia, Kazakhstan, Kyrgyzstan, Moldova, Russia, Tajikistan, Turkmenistan, Ukraine, Argentina, Saudi Arabia, Egypt, Morocco, Bahrain, Kuwait, Oman, Qatar, Iraq, Jordan, Lebanon, Libya, Tunisia, Yemen, Sudan, UAE, Türkiye, Vietnam, countries in Southeast Asia (including Cambodia, Indonesia, Laos, Thailand and the Philippines) as well as countries in East Asia excluding Chinese mainland, Hong Kong, Macau, Taiwan, Mongolia, North Korea and Japan.

• According to local laws and regulations, users from the following countries or regions (subject to verification information) may not be eligible to participate in this campaign: please refer to clause 2.2 of OKX's Terms of Service

• Teams must meet the minimum player requirement of 10 by the time the user registration round closes on 08 Aug 2024 11:59 UTC. Failure to do so will result in the team's dissolution from the team trading competition. In the event of a team's dissolution, its individual members will be randomly reassigned to other eligible teams. These members will still be able to participate in the individual trading competition, even if their original team was unable to meet the minimum requirement.

Asset qualification and trading volume criteria

• Participation in this activity is restricted to the main account only. Sub-accounts are not eligible to participate and the earnings of sub-accounts are not included in the calculation of the earnings of the main account.

• Asset qualification criteria: the participant's main trading account balance must reach at least 100 USDT at any point in time during the Competition Period (the period of time from the participant meeting this asset qualification criteria to the end of the Competition Period being the "P&L Period").

• Trading volume requirement: The user's USDT perpetual contract trading volume during the Heats Round must be greater than or equal to 10,000 USDT, which will be used to calculate individual P&L and team P&L. If the trading volume does not meet the criteria, the score will be invalid and will be excluded from the leaderboard.

• This Competition is valid only if at least 10 qualified teams with 10 users per team participate. Otherwise, this Competition shall be automatically cancelled with no liability on OKX's part.

• All displayed data on the page is not real-time data and will have a certain delay. If the page is not updated, please wait for a period of time and return to refresh the page to view the data.

Qualification to the Finals

• The top 15% of the highest-performing teams based on their Profit and Loss (P&L) percentage shall advance to the Finals. In the event that the top 15% of teams is less than 50, the number of finalists shall be increased to a minimum of 50 teams. All finalists will compete against each other for a fixed prize pool of 150,000 USDT. The prize money shall be distributed among the finalists according to their respective P&L percentages.

• Teams that qualify for the Finals have the option to opt out of participating. If a qualified team chooses to opt out, the next best-performing team from the Heats round will replace their spot and automatically qualify for the Finals. The Team Leader will need to notify their OKX affiliate staff beforehand about their decision. Only the Team Leader can choose to opt out of the Finals on behalf of their entire team.

• Team Leaders of a qualified team who wish to opt out of the Finals can nominate another OKX affiliate as the new Team Leader.

• Individual traders who fail to meet the minimum trading requirement in Heats will be removed from the team and will not be eligible to advance to the Finals.

P&L calculation formula

• P&L% = P&L / (Initial Equity + Total Deposit Amount) * 100%

• P&L = [unrealised P&L + realised P&L - initial unrealised P&L]

• "Initial Equity" means the USDT balance in a participant's main trading account during the first five (5) minutes of the P&L Period. For clarity, any withdrawals or losses of USDT from/in the participant's main trading account during the PnL Period will not affect the calculation of Initial Equity.

• "Total Deposit Amount" means the sum of (a) any USDT transferred from the participant's non-trading OKX accounts to their main OKX trading account during the PnL Period, (b) any USDT the participant obtains from spot trades in their main trading account during the PnL Period; AND (c) any USDT the participant obtains from contract vouchers during the PnL Period. For clarity, any withdrawals or losses of USDT from/in the participant's main trading account during the PnL Period will not affect the calculation of the Total Deposit Amount.

• "Initial unrealised P&L" means the value of the participant's open USDT perpetual swap positions at the beginning of the P&L Period.

• Transferring your holdings in and out of your trading accounts may affect your PnL%:

  • User A transfers 1000 USDT from funding account to trading account, we count as 1000 USDT deposit.

  • User B transfers 1000 USDT from trading account to funding account, then transfers 1000 USDT back to trading account, we count as 1000 USDT deposit.

Valid trade definition

• Only USDT perpetual swap: Only USDT perpetual swap trading pairs are eligible for this Trading Competition ("Eligible Contracts"). The trading volume of qualified contracts is calculated based on the trading volume strictly generated from qualified users’ own funds. Use of platform rewards, such as rebate cards, contract experience coupons, are not counted apart from trading bonus rewards (e.g. futures credit) a user receives from successful account registration during the campaign period.

• New users and existing OKX users (a) whose trading account equity is at least 100 USDT at time of registration into the Activity; and (b) who have accumulated at least 10,000 USDT in trading volume from Eligible Contract from the start of the Trading Competition to the end of the Activity Period ("Qualified Users") will be eligible to claim the prize pool in the following proportions based on the participant's team position reflected on the Competition Leaderboard at the end of the Activity Period:

• The prize distribution for team rewards according to PnL% is as follows:

  • 1st Place: 22% of allocated prize pool

  • 2nd Place: 18% of allocated prize pool

  • 3rd Place: 15% of allocated prize pool

  • 4th Place: 12% of allocated prize pool

  • 5th Place: 10% of allocated prize pool

  • 6th Place: 8% of allocated prize pool

  • 7th Place: 6% of allocated prize pool

  • 8th Place: 4% of allocated prize pool

  • 9th Place: 3% of allocated prize pool

  • 10th Place: 2% of allocated prize pool

• The prize distribution within the team is as follows:

  • The Team Leader will get 25% of the prize

  • The top 10 best performing traders within the team (excluding the Team Leader) will split 35% of the prize equally

  • If the team consists of more than 20 users: The remaining 40% of the prize will be distributed equally amongst the remaining Qualified Users (i.e. excluding the team leader and top 10 traders)

  • If the team consists of fewer than 20 users: The remaining 40% of the prize will be distributed equally to all Qualified Users, including the Team Leader. This is to ensure that the top 10 winners will receive more than the remaining non-top 10 traders.

• The prize distribution for individual rewards according to PnL amount is as follows:

  • The top-ranked trader will get 20% of allocated prize pool

  • The trader in 2nd place will get 12% of allocated prize pool

  • The trader in 3rd place will get 10% of allocated prize pool

  • The trader in 4th place will get 8% of allocated prize pool

  • The trader in 5th place will get 6.5% of allocated prize pool

  • Traders ranked 6-10th will each get 4% of allocated prize pool

  • Traders ranked 11-15th will each get 3.5% of allocated prize pool

  • Traders ranked 16-20th will each get 1.3% of allocated prize pool

• Rewards from the Prize Pool will be issued within 30 working days of the end of the entire competition period. OKX has the right to postpone the issuance of rewards for any reason it deems necessary in its discretion, such as large-scale risk control checks and other issues.

• New User Rewards: The 10 USDT Future Credits will be credited to all qualified users' trading accounts after the user registration period closes on August 8. The 10 USDT Futures Credits will expire on September 5, 2024 23:59 UTC, which is the end of the "Competition Period".

• The team PnL% will be calculated by averaging the PnL% of top 10 best performing traders with valid asset qualification within each team. In the event that the number of qualified traders within the team is less than 10, the Team PnL% will still be divided by 10.

1. By default, users who enter the campaign page and participate in this campaign have read and understood the Terms and Conditions of this campaign.

2. Participation in this campaign is restricted to the main account only. Sub-accounts are not eligible to participate. The earnings of sub-accounts will not be included in the calculation of the earnings of the main account.

3. Each user can only participate in one campaign at any one time. If a user participates in multiple campaigns, only the last campaign registered will be rewarded.

4. This campaign does not constitute or shall not be considered as a recommendation to deal in any products, or investment advice. Digital assets are speculative and highly volatile, can become illiquid at any time, and are for investors with a high-risk tolerance. Investors in digital assets could lose the entire value of their investment.

5. Please note that the value of prizes may fluctuate. Due to such price fluctuations, the value of your prize may increase or decrease in value at any given moment. OKX is not responsible for fluctuations in the value of prizes due to market fluctuations. All applicable taxes, costs, and additional expenses associated with the acceptance and use of the prize are the sole responsibility of the campaign prize recipient.

6. Any and all applicable taxes and all fees and additional expenses, including connection, installation, and/or service costs, related to acceptance and use of the reward are the sole responsibility of the individual reward recipient.

7. According to local laws and regulations, users from the following countries or regions (subject to verification information) may not be eligible to participate in this campaign: please refer to clause 2.2 of OKX's Terms of Service.

8. During the campaign period, OKX will closely track the behaviour of traders to avoid any form of cheating or abnormal behaviour, including but not limited to: registering multiple accounts, using other people's accounts, using other people's information to register accounts, false KYC information, maliciously increasing trading data, engaging in laundering trades or wash trades, violating the terms and conditions of the campaign, violating local regulatory rules for transaction and any other campaigns related to illegal, fraudulent or harmful purposes. If any of the above acts are deemed to be discovered by OKX, OKX reserves the right to disqualify the user from the reward.

9. Notwithstanding anything to the contrary herein, OKX reserves the right to exclude any participant from participating in this campaign without notice.

10. Risk warning: Digital asset prices are subject to high market risk and price volatility. The value of your investment may fluctuate and you may lose the amount invested. You are solely responsible for your investment decisions and OKX is not liable for any losses that may arise. Past performance also does not constitute a reliable predictor of future performance. You should only invest in products that you are familiar with and understand the risks involved. You should consider your own investment experience, financial situation, investment objectives and risk appetite and consult an independent financial adviser before making any investment. This campaign and the terms and conditions should not be regarded as financial advice. Please refer to the OKX Terms of Use and Risk Warning for further details.

11. The value of digital assets, including but not limited to stablecoins, can and do fluctuate greatly from time to time. The value of any reward under this campaign at the time a participant qualifies for such reward may not be equal to the value of such reward at the time of distribution to the participant. Due to such fluctuations, users may experience a significant increase or decrease in the value of their assets at any given moment.

12. OKX reserves the right to determine and amend the rules of the campaign at any time without further notice, including but not limited to cancelling, extending or terminating this campaign, modifying the eligibility conditions for users participating in the campaign, and adjusting the campaign and reward rules. All participants shall be bound by these revised terms.

13. OKX reserves the right of final interpretation of this campaign. Please contact the customer service team if you have any questions.

14. OKX has always taken its compliance obligations seriously and has always complied with the requirements of local regulators. We ask that you comply with the relevant laws and regulations of your country or region.

15. OKX is not responsible for technical, graphic, typographical or editorial errors or omissions. For more information, please visit www.okx.com © 2024 OKX.

16. Where any discrepancy arises between the translated versions and the English version, the English version shall prevail.