Gate Perp DEX Trading Sprint Kicks Off: Share $40,000 Prize Pool and Explore a New Decentralized Trading Experience

Event Overview and Gate Perp DEX Introduction

Image: https://web3.gate.com/en/campaigns/site-7

Gate Perp DEX is a decentralized perpetual contract trading platform developed by Gate. Leveraging Gate Layer technology, the platform delivers a high-performance trading environment, featuring low transaction fees and deep liquidity. To mark its official launch, Gate Perp DEX is introducing the “Trading Sprint Competition,” allowing traders to earn substantial rewards by completing specific trading tasks.

Event Duration and Participation Process

• Registration Period: October 20, 2025, 06:00 - November 9, 2025, 10:00 (UTC)
• Competition Period: October 23, 2025, 06:00 - November 9, 2025, 10:00 (UTC)

How to Participate:

• Visit the event page and click “Join Now” to register.
• Connect your Web3 wallet and register your wallet address.
• Complete your first trade or join the trading leaderboard challenge to become eligible for rewards.

New User Rewards and Trading Leaderboard Challenge

• First Trade Reward for New Users: Any new user who completes their first trade during the event with a total contract trading volume (sum of opening and closing positions) of at least $2,000 will receive an airdrop of 5 USDT. The total pool is 5,000 USDT, available to the first 1,000 users on a first-come, first-served basis.
• Trading Leaderboard Challenge: During the event, users can trade contracts on EVM-compatible networks (such as BNB Chain, Ethereum) or the SOL chain. Users who reach a total contract trading volume (sum of opening and closing positions) of at least $10,000 will qualify for the leaderboard and compete for a prize pool totaling $40,000. Each user may receive up to $500 in airdrops.

Reward Distribution Rules and Airdrop Details

• Reward Distribution: All eligible users will receive airdrop rewards within 14 business days after the event concludes. The platform will allocate rewards based on users’ trading volume rankings.
• Stackable Rewards: Users who complete multiple tasks will receive multiple rewards; USDT airdrop rewards are cumulative.
• Trading Volume Requirement: If no participant meets the minimum contract trading volume requirement, airdrop rewards will not be distributed. The platform will award one of the 50 fixed rewards to eligible users who meet the minimum requirement, on a first-come, first-served basis.

Event Rules and Participation Guidelines

• IP Address and Account Limits: To ensure fair play, the number of wallets linked to a single IP address will be strictly monitored. Unusual multi-account activity will be considered a violation and may result in disqualification.
• New User Restrictions: Only one wallet account per identity verification may participate. Canceled existing wallet accounts will not qualify as new users.
• Final Decision on Event Awards: The platform reserves the right to make final decisions on all event matters. If users engage in improper activities, including but not limited to wash trading or market manipulation, the platform will revoke their eligibility.

Risk Disclosure and Market Advisory

The virtual currency market is highly volatile and trading carries significant risk. When using Gate Perp DEX, participants should trade within their risk tolerance and exercise caution to avoid losses from market fluctuations. Market movements are influenced by numerous factors and are difficult to predict, making rational trading essential.

Summary

The Gate Perp DEX Trading Sprint Competition presents a unique opportunity for users: experience decentralized perpetual contract trading and earn up to $40,000 in rewards by completing your first trade and participating in the leaderboard challenge. Join now to enjoy a secure, transparent, and efficient trading environment—seize this opportunity and expand your trading horizons with Gate Perp DEX!