![](https://b.galxestatic.com/new/s/73fced6/_next/static/assets/image/loading.gif)
Important: Don't forget to mint your competition chips ++HERE++ after completing this campaign.
Introducing the inaugural perpetual trading competition brought to you by Lynx! Hosted on the Ethereum L2, Boba Network, this competition is a collaboration with our front-end partner, Exotix. Dive into the trading arena and compete against fellow traders to claim your portion of the prize pool. Not only will the top traders earn bragging rights, but they'll also secure the exclusive Beta-Tester role in the Lynx Discord.
And there's more! As you engage in the competition, you'll accumulate Exotix points, which can be redeemed for exciting future rewards. Don't miss this chance to showcase your trading prowess and earn fantastic prizes along the way!
The competition is 100% free to play - participants do not need their own money to trade and compete.
Instead of trading with their own money, all participants mint free competition chips (lxCOMP) which are used as collateral for all trades. These chips hold no value and allow participants to place trades, betting on the real price of BTC, ETH, etc., without needing money in their wallet. Even gas costs are paid for!*
As participants open trades against their lxCOMP, successful trades will earn them more lxCOMP while losing trades result in a loss of lxCOMP. Earn as much lxCOMP from your trades as possible - the top 50 most profitable traders (according to PnL) will win prizes!
Trading Starts: October 16 @ 08:00 UTC
Trading Ends: October 30 @ 08:00 UTC
Refer to the official competition announcement for an explanation of each prize.
1st Place PnL: 5258 BOBA ($600)$100)
2nd-5th Place PnL: 876 BOBA each (
6th-50th Place PnL: 175 BOBA each ($20)$500)
Most Valuable Tester (#1): 4382 BOBA (
Most Valuable Tester (#2): 1752 BOBA ($200)$200)
1st Place Referrer: 1752 BOBA (
2nd - 3rd Place Referrer: 876 BOBA each (~$100)
Connect your wallet address to Galxe and complete all of the tasks in this campaign
Claim your free competition chips ($lxCOMP) by visiting the competition app; you need these free chips as collateral for your trades!
Invite your friends to join the competition using your custom referral link found in this campaign
You can only claim lxCOMP after completing all the tasks and verifying them on Galxe.
Trade perpetual futures on Exotix during the competition period to become the most profitable trader!
Report any feedback on bugs or errors in the #feedback channel on Lynx's discord for the chance to win prizes for the Most Valuable Testers 💰
After the competition period ends, we will announce the winners across all of Lynx and Exotix's social channels!!
Trading Starts: October 16 @ 08:00 UTC
Trading Ends: October 30 @ 08:00 UTC
Only trades opened during the trading period will count. Traders must have registered for the trading competition to be eligible to win.
Note: Position Size = Collateral x Leverage
https://medium.com/lynx-finance/perpetual-trading-competition-1-877db8a19358
Get 30 Points
Have the Verified role in Lynx Discord Server
Have the Verified role in Exotix Discord Server
Follow @Lynx_Protocol on Twitter
Follow @ExotixTrade on Twitter
Like @Lynx_Protocol Tweet
Like @ExotixTrade Tweet
Retweet the Tweet
Retweet the Tweet
Every 1 Referral: Get 10 Points
Refer Friends to Participate in the Quest