The Shun October Trading Competition is a high-energy, performance-driven event designed for active traders looking to test their strategies, boost their portfolios, and compete for a share of the 1,877 USDT prize pool. Whether you're an experienced futures trader or stepping into competitive trading for the first time, this event offers a structured environment to showcase your skills in USDT perpetual contracts.
With clear rules, transparent profit calculations, and real leaderboard rankings, the competition rewards consistent performance and strategic risk management—key traits of successful digital asset traders.
👉 Discover how top traders are maximizing their returns in this high-stakes competition.
📅 Campaign Timeline
Understanding the key dates is essential for effective participation.
- Registration Period: 11 October 2024, 12:00 GMT+8 – 12 November 2024, 12:00 GMT+8
- Competition Period: 12 October 2024, 12:00 GMT+8 – 12 November 2024, 12:00 GMT+8
Note: You must register and click the “Join now” button before the competition begins. The button must change to “Enrolled” to confirm your valid participation.
✅ Participant Eligibility
To take part in the Shun October Trading Competition, traders must meet specific criteria:
- Be an affiliate invitee—meaning you registered using an affiliate’s referral link or entered an invitation code during sign-up.
- Complete KYC Level 2 (KYC2) verification to qualify for both participation and reward claims.
- Users from restricted jurisdictions (as defined in OKX’s Terms of Use) are not eligible.
Sub-accounts cannot participate. Only the main account’s activity counts toward eligibility and rewards.
💼 Asset & Trading Volume Requirements
Success in this competition hinges on two measurable benchmarks:
1. Asset Qualification
- Your main trading account must reach a balance of at least 50 USDT at any point during the competition period.
- The moment you meet this threshold marks the start of your P&L Period, which lasts until the competition ends.
2. Trading Volume Requirement
- You must achieve a minimum trading volume of 10,000 USDT in USDT perpetual contracts during the competition period.
- Only trades made with your own funds count—platform incentives like rebates or vouchers are excluded.
Participants who fail to meet both criteria will be removed from the final leaderboard.
The competition requires a minimum of 10 qualified participants; otherwise, it will be canceled.
📊 Profit & Loss (P&L) Calculation
The ranking system is based on P&L percentage (P&L%), ensuring fair comparison across different account sizes.
🔢 P&L% Formula:
P&L% = P&L / (Initial Equity + Total Deposit Amount) × 100%Where:
- P&L = Unrealized P&L + Realized P&L – Initial Unrealized P&L
Initial Equity: The USDT balance in your main trading account during the first 5 minutes of either:
- The competition period, or
- Your enrollment time — whichever occurs later.
Total Deposit Amount: Includes:
- USDT transferred from non-trading accounts to your main trading account.
- USDT earned from spot trades within the main account.
- USDT obtained via contract vouchers during the competition.
- Initial Unrealized P&L: The value of open USDT perpetual positions at the start of your competition window.
Before meeting the 50 USDT asset threshold, P&L% is calculated using the threshold amount instead of (Initial Equity + Deposits). After qualification, actual values apply.
🛠️ Eligible Instruments
Only USDT perpetual swap contracts count toward trading volume and P&L calculations. This includes popular pairs like BTC/USDT, ETH/USDT, and other major altcoin derivatives traded on margin.
- Trading activity from other contract types (e.g., coin-margined or delivery contracts) does not qualify.
- All data displayed on leaderboards may have a slight delay—refresh periodically for updates.
👉 See which USDT perpetual pairs offer the best volatility and liquidity for competitive trading.
🏆 Prize Distribution
The total prize pool stands at 1,877 USDT, allocated as follows:
- 1,000 USDT as a user bonus pool.
- 877 USDT distributed based on final leaderboard rankings by P&L%.
Top Performer Rewards (from 877 USDT pool):
| Rank | Reward Share |
|---|---|
| 1st | 64.94% |
| 2nd | 23.38% |
| 3rd | 11.69% |
Prizes will be distributed within 15–30 days after the competition ends. OKX reserves the right to delay issuance for compliance checks or risk assessments.
⚠️ Important Rules & Risk Disclosures
While the rewards are attractive, participants should be aware of critical guidelines:
- Only one active campaign per user is allowed. If you join multiple events, only the last registration will be eligible for rewards.
- This competition is not financial advice. Digital assets are highly volatile and speculative.
- You are solely responsible for your investment decisions and any associated losses.
- Market fluctuations can affect both your portfolio and the value of your prize at any time.
- All taxes and fees related to prize receipt are the winner’s responsibility.
OKX actively monitors for suspicious behavior, including:
- Multiple account registrations
- Wash trading or volume manipulation
- Use of fake KYC data
- Fraudulent referral activity
Any detected violations result in immediate disqualification.
❓ Frequently Asked Questions (FAQ)
Q: Can I use leverage during the competition?
A: Yes, leverage is allowed on USDT perpetual contracts. However, your risk management strategy directly impacts your P&L%, so use it wisely.
Q: Does trading with bonus funds count toward volume?
A: No. Only trading volume generated from your own deposited funds qualifies. Rebates, vouchers, or promotional credits are excluded.
Q: How is "Initial Equity" determined if I join late?
A: It’s based on your main account balance within the first five minutes after you enroll—whichever comes after the official start time.
Q: What happens if I don’t reach 50 USDT during the competition?
A: You won’t qualify for the P&L Period calculation and will be removed from the leaderboard post-event.
Q: Can I withdraw funds during the competition?
A: Yes, withdrawals are permitted. However, they do not affect Initial Equity or Total Deposit calculations—only deposits and trading activity matter.
Q: Will I be taxed on my prize?
A: Tax obligations depend on your jurisdiction. OKX does not withhold taxes; winners must handle all reporting and payments.
🔍 Core Keywords
To align with search intent and improve visibility, key terms naturally integrated throughout include:
trading competition, USDT perpetual contracts, P&L calculation, futures trading, crypto trading event, prize pool, KYC verification, trading volume requirement
Final Notes
The Shun October Trading Competition is more than just a race for profits—it's a test of discipline, strategy, and adaptability in fast-moving markets. With a transparent ranking system and meaningful rewards, it empowers traders to push their limits while operating within a secure and regulated framework.
Whether you're aiming for the top spot or simply refining your approach under pressure, this event provides valuable real-world experience.
👉 Join now and see how your trading strategy stacks up against global competitors.