Ash March Trading Competition

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The Ash March Trading Competition is a high-energy, skill-based event designed for active traders on the OKX platform who want to test their strategies, compete with peers, and win a share of a dynamic prize pool. Whether you're an experienced futures trader or stepping into perpetual contracts for the first time, this competition offers a structured environment to showcase your trading acumen—provided you meet the eligibility criteria and understand the scoring mechanics.

To ensure fairness and transparency, the competition follows strict rules around participation, trade validation, and performance calculation. Below is a comprehensive breakdown of everything you need to know before joining.

How to Participate: Key Steps

Before your trades count, you must complete two essential actions:

  1. Click “Join Now” on the competition page and confirm that the button changes to “Enrolled”. If the status does not update, your participation will not be valid.
  2. Complete KYC (Know Your Customer) verification. Only verified users can participate and claim rewards.

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Failure to meet either requirement will disqualify you from the leaderboard and prize distribution.

Eligibility Requirements

To qualify for rewards, participants must satisfy both asset and trading volume conditions:

✅ Asset Qualification Criteria

At the start of the competition, your trading account must have USDT equity ≥ 1,000 USDT. This value determines whether you're included in the dynamic prize pool calculation.

Note: Equity includes your USDT balance plus unrealized P&L from open positions at the beginning of the competition period.

✅ Trading Volume Criteria

During the competition, you must generate a minimum USDT Perpetual Contract trading volume of 10,000 USDT. Only trades made with your own funds count—platform perks such as rebate cards, contract vouchers, or fee waivers are excluded.

If either condition isn’t met, your score will be invalidated and removed from the leaderboard.

Minimum Participation Threshold

The competition requires at least 10 qualified participants to proceed. If this threshold isn’t reached, the event will be canceled, and no prizes will be awarded.

Understanding the Scoring System: P&L% Calculation

Your ranking is based on Profit & Loss Percentage (P&L%), not absolute profit. This levels the playing field between large and small accounts.

🔢 Core Formula:

P&L% = P&L / (Initial Equity + Total Deposit Amount) × 100%

Where:

Important: Withdrawals during the competition do not affect Initial Equity or Total Deposit calculations.

🧮 Special Rule: P&L% Calculation Base

If your (Initial Equity + Total Deposits) is below 1,000 USDT, the system uses 1,000 USDT as the base denominator for fairness.

Example Scenarios:

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Permitted Instruments: Only USDT Perpetual Swaps

Only USDT-margined perpetual swap contracts are eligible for trading volume and P&L tracking. This includes all major pairs like BTC/USDT, ETH/USDT, etc., as long as they fall under the USDT perpetual category.

Trades using:

All data displayed on the competition page may experience delays. If information appears stale, refresh after a few minutes.

Frequently Asked Questions (FAQ)

❓ Can I join after the competition starts?

Yes, you can enroll anytime during the event window. However, your Initial Equity is locked in based on your account balance within the first five minutes of your enrollment—not from the official start time.

❓ Do spot trades count toward the trading volume?

No. Only USDT perpetual swap trades contribute to the required 10,000 USDT volume threshold.

❓ What happens if I withdraw funds during the competition?

Withdrawals do not impact your Initial Equity or Total Deposit Amount for P&L% calculation. However, withdrawing below 1,000 USDT equity may cause you to lose qualification status.

❓ Are team rankings involved?

While this version focuses on individual performance, team-based variants may appear in future editions. For now, rankings are strictly individual.

❓ How are ties resolved on the leaderboard?

In case of identical P&L%, priority is typically given to the participant who reached the percentage first (based on timestamp). Exact tiebreaker rules are confirmed in official announcements.

❓ When will rewards be distributed?

Rewards are processed after verification and typically credited within a few business days post-competition. Ensure KYC is complete to avoid delays.

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Final Tips for Competitors

Success in the Ash March Trading Competition isn’t just about aggressive trading—it’s about risk management, consistency, and understanding how performance is measured.

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By combining discipline with a clear grasp of the rules, you position yourself not just to participate—but to lead.

Remember: The clock starts when you join. Make every trade count.