Trading Competitions

Please refer to team announcements for the exact specifics of each competition as they may vary. This current competition has $7.5k in total prizes over 6 weeks. Each trading week begins on a Wednesday at 00:00 UTC and ends on the next Wednesday at 00:00 UTC, with prize distributions happening each week to the top 6 traders on the leaderboard (distributions happen within 2 days after the trading week has finished).

• To qualify, a minimum volume of $10,000 (volume is calculated as the position size when closing your position) must be generated over the 6 weeks, and trades opened/closed on BMX within the competition’s date range will be eligible for prizes. Only traders finishing in the top 6 of the leaderboard will be eligible for prizes.
• To view the total prize pool as well as prizes for each spot in the top 6, please check the Leaderboard page of the website: (opens in a new tab)https://bmx.morphex.trade/leaderboard (opens in a new tab).
• Prizes are distributed 70% in wBLT, and 30% in oBMX.
• All trades must be performed on the BMX platform through the interface: (opens in a new tab)https://bmx.morphex.trade/ (opens in a new tab)
• The core contributors reserve the right to review further and potentially disqualify any contestants if deemed to not be in good faith of the competition or malicious.