Participation Requirements
Before joining the Ash March Trading Competition, ensure you meet these critical criteria:
Mandatory Enrollment
- Click the "Join now" button and confirm it changes to "Enrolled" status.
- Unverified enrollments will disqualify your participation.
KYC Verification
- Complete identity verification to claim rewards.
Trade Eligibility
- Trades using OKX rewards (rebate cards, vouchers, fee waivers) won't count toward competition volume.
Data Refresh Policy
- Leaderboard data updates periodically—refresh the page if information appears delayed.
👉 Ready to compete? Join the Ash March Trading Competition now!
Competition Mechanics
Asset & Trading Volume Thresholds
| Criteria | Requirement | Purpose |
|---|---|---|
| Minimum Equity | ≥1,000 USDT at competition start | Determines prize pool contribution eligibility |
| Trading Volume | ≥10,000 USDT in USDT Perpetuals | Qualifies entries for leaderboard ranking |
| Participant Minimum | 10+ enrolled users | Event cancellation if unmet |
Key Notes:
- Rewards-based trades are excluded (see Section 1).
- All values are denominated in USDT.
Profit & Loss Calculation Formula
Core Components:
- P&L% = (Total P&L / Calculation Base) × 100%
Calculation Base = Higher of:
- (Initial Equity + Total Deposits)
- 1,000 USDT (minimum threshold)
Term Definitions:
- Initial Equity: USDT balance in first 5 minutes of competition
Total Deposits: Sum of:
- Transfers from non-trading OKX accounts
- USDT from spot trades/conversions
- Contract voucher redemptions
Practical Examples:
Case 1: Below Threshold Without Deposits
- Initial Equity: 360 USDT
- P&L: +700 USDT
- Calculation: 700 / 1,000 = 70% P&L
Case 2: Above Threshold With Deposits
- Initial Equity + Deposits: 1,060 USDT
- P&L: +700 USDT
- Calculation: 700 / 1,060 = 66.04% P&L
Case 3: Below Equity Qualification
- Trading Equity: 900 USDT (<1,000 USDT)
- Required Action: Deposit 100+ USDT to qualify
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Eligible Trading Pairs
- Exclusively USDT Perpetual Swaps
- Volume calculations exclude platform rewards
FAQ Section
Q1: Can I use leverage for qualifying trades?
A: Yes, but only self-funded leverage counts—reward-based leverage is excluded.
Q2: How often is the leaderboard updated?
A: Data refreshes periodically; allow 5-10 minutes between page reloads.
Q3: What happens if fewer than 10 people join?
A: The competition will be canceled with notification to enrolled participants.
Q4: Are there geographic restrictions?
A: Available globally where OKX operates, subject to local regulations.
Q5: How are ties in P&L% resolved?
A: Earlier timestamp of achieving the P&L% breaks ties.
Q6: Can I withdraw funds during the competition?
A: Withdrawals don't affect "Initial Equity" but may impact ongoing trading capacity.