Aug 2023
Last updated
Last updated
🎉Trading Competition Aug 2023 has ended. Congratulations to all the winners! 🎉
Check the result here! https://fulcrom.finance/trading-competition/
Trading Competition is back for our Fulcrom traders! 🏆
USD 10,000 worth of $FUL for the Top 20 Traders. Only the skilled traders can ride the wave and bring the prizes home. Are you ready for this challenge?
⏳ Duration: Aug 2, 2023 9am UTC — Aug 16, 2023 9am UTC
📍 Where: https://fulcrom.finance/
💰Prize: USD 10,000 worth of $FUL for the top 20 traders on the leaderboard
📝 How to participate?
1. Connect your crypto wallet with Fulcrom Finance
2. Fund your account
No min/max limit on how much to trade during the trading competition
No additional entry fee or changes for you to join the competition.
3. Start trading
Simply open position(s) of your desired pairs as usual. Both market order or limit order will be counted into your Trading Score.
Your trading score will be earned automatically*. The more trading score you earned, the higher you rank on the leaderboard.
4. Check your performance
Visit our leaderboard to check your rank against the other traders
*Trading score will be updated every 60 seconds. Leaderboard ranking will be refreshed daily at 00:00 am UTC.
📜 Rules
To ensure a fair trading competition for all participants, please take note of and follow the rules below:
Only trades made during the competition period will be counted towards the trading volume competition.
The use of bots or any attempts at market manipulation are forbidden and may result in disqualification.
The competition organizer reserves the right to disqualify any participant who violates the competition rules.
The competition organizer reserves the right to change the competition format, rules, or prizes at any time without prior notice.
Participants are responsible for any tax liabilities arising from the prizes they receive.
Fulcrom Finance reserves the right to make the final decision upon any dispute.
🧮 How is Trading Score calculated?
Below is the Trading Score formula we use for the competition. Pick your strategy to get the highest Trading Score!
Each trade PnL% = PnL before fees / collateral of each trade
Trading Score = Sum of [each trade: (PnL %) * sqrt(volume)]
For example, you performed 3 trades:
Trade 1: PnL 10% , volume 50K Trade 2: PnL -2%, volume 10K Trade 3: PnL 7%, volume 12K
Your trading score would be:
10% * sqrt(50K) — 2% * sqrt(10K) + 7% * sqrt(12k)
By using higher leverage on trades where you feel confident, you can increase your probability of winning the competition.
