trading competition

Alongside the launch of new markets, we’re excited to kick off our first trading competition! This competition is open to everyone and will run in two phases, with prizes distributed to winners at the end of each phase. Phase 1 of the competition will begin on April 13th, 2023, at 12 pm UTC and end on April 20th, 2023, at 12 pm UTC. Phase 2 of the competition will begin on April 24th, 2023, at 12 pm UTC and end on May 1st, 2023, at 12 pm UTC.

How to participate

To participate, traders must:

  • maintain at least $1,000 in Account Value throughout the competition
  • execute at least one trade in the ARB-PERP market

Scoring

Traders will be ranked according to the total dollar value of their total profit divided by the maximum margin maintained in any position during the competition.

formula1 formula2

where denotes an individual trader, is the sum of trader’s
realized P&L for all trades during the competition, and is determined by ranking traders’ in descending order.

Phase 1

Phase 1 of the competition will begin on April 13th, 2023, at 12 pm UTC and end on April 20th, 2023, at 12 pm UTC. In Phase 1, 10,000 ARB tokens and 20,000 BLUE Points are up for grabs for the top 20 traders:

Phase 2

Phase 2 of the competition will begin on April 24th, 2023, at 12 pm UTC and end on May 1st, 2023, at 12 pm UTC. In Phase 2, the top 20 traders will earn a share of 15,000 ARB tokens and 30,000 BLUE points:

BLUE Points

Accumulated BLUE points will be visible in the Bluefin Rewards Dashboard at the end of each phase of the trading competition.

ARB Tokens

ARB tokens will be distributed directly to the winners’ wallets.

We look forward to your participation in this competition and wish you the best of luck - happy trading!

About Bluefin

Bluefin is a blockchain protocol for perpetual swaps that combines self-custody and transparency with best-in-class speed and security. Bluefin Exchange is a decentralized, high-performance order-book-based exchange that offers advanced strategies, intuitive UI, liquid markets, and efficient APIs. Bluefin is accelerating the onboarding of professional, institutional, and novice traders to decentralized markets. Please view our terms of use and privacy policy before accessing the platform.

Important Disclosures: i) The platform is not available to residents of United States or Canada
ii) All assets on Bluefin involve a degree of risk and may result in partial or total loss of your investment