Event 1: 

Individual Contest Registration Period: 2023-12-01 10:00 to 2023-12-17 10:00 (UTC+8)
Individual Contest Period: 2023-12-07 10:00 to 2023-12-17 10:00 (UTC+8)
During the event, individual participants trading BingX Standard Futures and Perpetual Futures will be ranked based on their overall ROI and trading volume. The top 10 users in each category will win a corresponding fixed reward based on their rankings.
 
1. Individual ROI Ranking:
Ranking
Reward (USDT per user)
1st
2,000
2nd
1,000
3rd
500
4th - 5th
250
6th - 10th
100
11th - 20th
50
 
2. Individual Futures Trading Volume Ranking:
Volume
Reward (USDT )
5,000,000
2,000
10,000,000
5,000
30,000,000
10,000
50,000,000
15,000
100,000,000
25,000
200,000,000
5,000
The top 20 will receive prizes, and the amount of the unlocked prize pool will be divided in proportion to the transaction amount.
Top1: 30%, Top2: 15%, Top3: 10%, Top4-5: 5% (10%)
Top6-10: 3% (15%), Top11-20: 2% (20%)
Special Note:
1. To participate, users must register for the event and maintain an initial net asset value (NAV) of at least 100 USDT. Registration will only be successful if this requirement is met. Trading data of users who haven't registered for the event will not be counted.
2. Both Standard Futures and Perpetual Futures trades will be counted for this event.
3. There are no restrictions on deposits, withdrawals or internal transfers. However, please note that all deposits and withdrawals in Standard Futures and Perpetual Futures accounts will affect the calculation of ROI.
4. This event comprises two individual contests: ROI Ranking and Futures Trading Volume Ranking. These contests are independent of each other.
5. ROI Ranking Calculations:
ROI = [Final NAV - (Other Earnings) - (Initial NAV + Deposits) + Withdrawals] / (Initial NAV + Deposits)
Initial NAV: The account equity at the start of the contest (Including all unrealized PnL)
Final NAV: The account equity at the end of the contest (Including all unrealized PnL)
Deposits = Cumulative amount of all deposits made on the account during the event, including deposits, internal transfers, conversions, referral commissions, and profits generated from trading with bonuses
6. Trading Volume Calculations:
Futures Trading Volume = Standard Futures Trading Volume + Perpetual Futures Trading Volume
Standard Futures Trading Volume: Trading volume for opening positions during the event
Perpetual Futures Trading Volume = Trading volume for opening positions during the event + Trading volume for closing positions during the event
7. To appear in the rankings, users must maintain an initial net asset value (NAV) of at least 50 USDT (must be in USDT only) and accumulate a trading volume of over 10,000 USDT. The ranking data will be updated every 30 minutes.
8. The ROI ranking and trading volume ranking rewards are fixed and will be issued based on the ranking results.
9. Rewards will be calculated based on the final rankings at the end of the event and issued within 5 working days after the event.
10. Any users involved in unfair activities, such as participating with multiple accounts, self-dealings or wash trading, will be disqualified.
11. Only trades held for more than 1 minute will be counted for this event.
12. BingX reserves the right to the final interpretation of this event.
 

Event 2: 

Team Contest Period: 2024-01-16 00:00 to 2024-01-31 23:59 (UTC+7)
 
1. How to Register for the Team Contest
Register for the Team Contest to participate by creating a team or joining a team. Please refer to the specific requirements as below.
 
1) Create a team (as a leader) between 2024-01-01 00:00 and 2024-01-15 23:59 (UTC+8)
The team will be eligible to join the ranking after meeting the following criteria:
a. Net assets of team ≥ 200 USDT
b. Team members ≥ 5
How to create a team:
① Click "Create Team".
② Once the team is created, you can share the team link to invite users to join your team.
③ 24 hours before the contest, if your team has fewer than five members, you can continue to invite team members to join to meet the team formation criteria. If your team still does not meet the criteria by the start of the contest, it will be disbanded.
 
2) Become a team member (join a team) between 2024-01-01 00:00 and 2024-01-31 23:00 (UTC+7)
You must meet the following criterion to join a team:
a. Net asset value ≥ 50 USDT
How to join a team:
① Visit the contest page, choose a leader and click "Join" to join his/her team. Click "Join" to participate.
② If your team has fewer than 5 members, the system will remind you to join another team 24 hours before the contest starts. You can invite other members to join to meet the team formation criteria. If your team has fewer than 5 members at the start of the contest, the team will be disbanded, and participants can then choose to join another team. 
*Disclaimer: The market analysis from team leaders does not represent the official opinions of BingX. BingX will not assume any responsibility for any trading losses incurred by team members.
 
2. How will the prize pool be distributed
The more participants, the larger the prize pool. The top 6 teams in trading volume will get to enjoy a proportional size of the prize pool as a team reward, which is shared among the team members.
No. of Participants
Prize Pool (USDT)
50
4,000
200
10,000
300
20,000
500
30,000
1000
40,000
1500
50,000
3000
70,000

 

 

Ranking
Team Reward
Leader Reward
Member Reward
1st Team
35% of the prize pool
20% of the team reward
Members (including team leader) get a share from the remaining 80% of the team reward based on the proportion of their individual trading volume to the total team trading volume.
2nd Team
25% of the prize pool
3rd Team
15% of the prize pool
4th Team
10% of the prize pool
5th Team
8% of the prize pool
6th Team 7% of the prize pool
 
Special Note:
1. Before the start of the contest, users can choose to register for the event in either of the two ways. After the contest begins, users can only choose to join a team.
2. Team Contest requires users to maintain an initial net asset value (NAV) of at least 50 USDT and to create or join a team to participate in the event. Trading data of users who are not in a team will not be counted.
3. Both Standard Futures and Perpetual Futures trades will be counted for this event.
4.Team Rate of return
Rate of return = sum of positive returns of the top 10 players/denominator of rate of return Example: Denominator of rate of return = 10, Return rate = sum of the return rates of the top 10 players with positive returns/10 If the team has only 5 members with positive returns, then take the sum of the returns of the top 5 members with positive returns/10 If the team has 14 members with positive returns, then take the sum of the returns of the top 10 members with positive returns/10
5. There are no restrictions on deposits, withdrawals or transfers. Such actions will not affect the team's trading volume ranking.
6. As the number of participants increases, the Team Contest rewards will also increase. The more the participants, the larger the prize pool, up to a maximum of 70,000 USDT.
7. Rewards will be calculated based on the final rankings at the end of the event and issued within 5 working days after the event.
8. Any users involved in unfair activities, such as participating with multiple accounts, self-dealings or wash trading, will be disqualified.
9. Only trades held for more than 1 minute will be counted for this event.
10. BingX reserves the right to the final interpretation of this event.