Competition Overview
The Ash August Trading Competition is an exclusive event for OKX traders to showcase their skills in USDT perpetual swaps. To participate effectively, follow these key steps:
- Registration: Click the "Join now" button and verify enrollment status changes to "Enrolled".
- KYC Verification: Complete identity checks to claim rewards.
- Valid Trades: Only transactions using personal funds qualify—platform rewards like rebate cards or fee waivers are excluded.
All displayed data has a slight delay. Refresh periodically for updates.
Asset & Trading Volume Requirements
✅ Asset Qualification
- Minimum Equity: 1,000 USDT in your trading account at competition start.
- Prize Pool Impact: Your equity determines the dynamic total prize pool calculation.
📊 Trading Volume Criteria
- Threshold: 10,000 USDT volume in USDT perpetual contracts during the event.
- Leaderboard Impact: Failing to meet this voids your P&L score.
Note:
- Competitions require ≥10 participants to proceed.
- Repeated rule: Platform reward-funded trades are invalid.
Profit & Loss (P&L) Calculation
📈 Key Formulas
- P&L% = (P&L / (Initial Equity + Total Deposits)) × 100%
P&L Components:
- Unrealized P&L + Realized P&L - Initial Unrealized P&L
🔍 Definitions
| Term | Description |
|---|---|
| Initial Equity | USDT balance in the first 5 minutes of the P&L Period (withdrawals don’t affect this). |
| Total Deposit Amount | Sum of: USDT transfers from non-trading accounts, spot trade proceeds, and contract voucher proceeds during P&L Period. |
| Initial Unrealized P&L | Value of open USDT perpetual positions at P&L Period start. |
Eligible Contracts
- Exclusively USDT Perpetual Swaps: Only these trading pairs qualify.
- Volume Calculation: Based strictly on personal funds—no platform rewards.
👉 Master USDT perpetual swaps with OKX’s advanced tools
FAQs
❓ How do I confirm my enrollment?
Verify the button changes to "Enrolled" after clicking "Join now."
❓ Can I use rebate cards for qualifying trades?
No. Only trades with personal funds count.
❓ What if the competition has fewer than 10 participants?
The event will be canceled.
❓ How often is leaderboard data updated?
Data refreshes periodically—allow for delays and reload the page.
Pro Tip
Maximize your strategy by focusing on high-liquidity USDT pairs to boost volume efficiently.