How the challenge works

How the board is measured and how the prizes are paid.

When did counting start?

Counting starts on Sep 16, 9:00 PM. Volume and realized PnL are both measured over the competition window.

How is the ranking calculated?

Each metric is ranked on its own. The volume view ranks everyone by volume and the PnL view ranks everyone by realized PnL, so the # always matches the column you are looking at.

Does PnL include my open positions?

No. Only realized PnL counts, so closing a winning position is what moves you up.

How often does it update?

Continuously, but allow up to 6 hours for a trade to show. The timestamp in the header is the last update.

Who is on this leaderboard?

This board ranks the challenge’s own entrants, so you are measured against the other entrants rather than the exchange’s global top 100.

How are the prizes split?

Two independent pools. Volume pays 25,000 USDG down to 25th place; realized PnL pays 5,000 USDG down to 5th. The full ladder is on the leaderboard page.

Is there a minimum?

Yes. $1,000 of volume.

Can I compete anonymously?

Yes. Traders without a linked handle appear as a wallet address only.

Why is up red instead of green?

Red is up and blue is down by default. Switch to green-up in the top bar. It only changes colours, never the numbers.

Read more on the Arcus blog