Trading Competitions
Earn Rewards While You Trade
Last updated
Earn Rewards While You Trade
Last updated
Lynx hosts weekly trading competitions that allow traders to compete for exciting rewards. Each competition is tied to specific collateral assets, and participants can earn prizes based on their trading performance during the week. This page provides details on how these competitions work, how to participate, and how to check your rewards.
To see all currently active trading competitions, visit the Lynx homepage. Active competitions are displayed on the left-hand side, as shown in the screenshot below. Each competition specifies the collateral asset required to participate and the prize pool for the week. You can also view details about the rewards by selecting a specific competition.
Each trading competition is configured slightly differently, but here is a general breakdown of how they typically operate:
Collateral Asset Requirement: To participate, you must use the specified collateral asset for your trades. For example, if the competition requires $MODE, only trades using $MODE as collateral will count.
Weekly Rounds: Competitions are divided into weekly rounds. At the end of each round, prizes are distributed, and all stats are reset for the next round, giving every trader a fresh start.
Leaderboard Rankings: Your rank in the competition is determined by your Profit and Loss (P&L) during the round. This includes earnings or losses from your trades, as well as any interest or funding accrued. Opening and closing fees are disregarded for ranking purposes.
You can check your ranking in any current or past competition by visiting the Competition Page. Connect to the relevant chain and select the asset for the competition you're interested in. The leaderboard provides real-time updates on rankings, making it easy to track your progress.
After each competition round ends, rewards are distributed to eligible traders. To claim your rewards:
Go to the Rewards Tab.
Connect your wallet and select the relevant chain.
Claim your rewards — no gas fees are required!
Rewards from previous rounds can also be claimed from this page, ensuring you never miss out on what you’ve earned.
