
Take on the futures volume and P&L% leaderboards
Go for 50,000 USDT with TetherMax
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Futures Trade Volume Ranking
Futures PnL% Challenge Ranking
Terms and conditions
Eligibility and registration
- Users must click Register Now on the campaign page to register and qualify for rewards. Only users who register through designated TetherMax invitation links may participate.
- Referred users must hold at least 300 USDT in their Futures Account to register for the campaign.
- Subaccounts, market makers, API traders, and institutional accounts are not eligible.
- To qualify for either leaderboard, a registered user must generate at least 100,000 USDT in Effective Futures Trading Volume during the Campaign Period.
Leaderboards and ranking
- The campaign includes two leaderboards:
- Futures PnL% (ROI%) Leaderboard
- Effective Futures Trading Volume Leaderboard
- To qualify for the Futures PnL% Leaderboard, a participant must have a final PnL% greater than 0.01. Participants with a final PnL% < 0.01% will not be ranked or receive a PnL% Leaderboard reward.
- Leaderboard data is updated approximately every 10 minutes and may be delayed. Users should refresh the page if recent data is not displayed.
- Data shown on the campaign page is for reference only. Final eligibility, rankings, and rewards are subject to verification by Toobit’s Risk Control and Data teams. Toobit’s final settlement data will prevail.
Futures PnL% (ROI%) calculation
Only assets and transactions in the participant’s Futures Account will be included.
- Profit = Equity at Settlement + Withdrawals − Initial Equity − Deposits − Incentive Fund Principal
- PnL% = Profit ÷ (Initial Equity + Deposits + Incentive Fund Principal) × 100%
- Initial Equity and Equity at Settlement include unrealized P&L in the Futures Account.
- Deposits and Withdrawals refer only to funds transferred into or out of the Futures Account during the Campaign Period:
- Deposits: Total funds transferred into the Futures Account, including on-chain deposits and internal transfers, recorded as “+” in the transaction logs.
- Withdrawals: Total funds transferred out of the Futures Account, including on-chain withdrawals and internal transfers, recorded as “−” in the transaction logs.
- Incentive Fund Principal includes bonuses, Trial Funds, and vouchers credited during the Campaign Period. It is included in the cost basis, while any profit or loss generated from it is included in Profit.
Effective Futures Trading Volume
Effective Futures Trading Volume = Total Eligible Futures Trading Volume − Incentive Fund Trading Volume
- Total Eligible Futures Trading Volume includes qualifying opening and closing volume from eligible USDT- and USDC-margined Perpetual Contracts during the Campaign Period. Eligible Maker and Taker volume will count, subject to the exclusions below and Toobit’s final risk-control review.
- Incentive Fund Trading Volume means trading volume generated using Futures Bonuses, Trial Funds, Cash Vouchers, or other promotional funds used to offset trading fees or losses. This volume will be deducted from Total Eligible Futures Trading Volume.
- The following activities will not count:
- Spot or fiat transactions;
- Copy Trading, Strategy Trading, or Grid Trading;
- Zero-fee or 0% Maker-fee trading pairs;
- Stablecoin pairs, including USDC/USDT;
- Self-matching, wash trading, artificial volume generation, abusive hedging, risk-free offsetting, market manipulation, or other fraudulent or abusive activity.
- Trading volume from any position held for less than three minutes will not count.
Rewards and distribution
- Eligible participants will be ranked separately on the PnL% Leaderboard and the Effective Futures Trading Volume Leaderboard.
- A participant who qualifies for both leaderboards may receive rewards from both. Rewards earned from the two leaderboards are cumulative.
- Rewards will be calculated according to the prize pool unlocked by the campaign’s final Effective Futures Trading Volume and the applicable reward table.
- If two participants have the same PnL%, the participant with the higher Effective Futures Trading Volume will rank higher.
- Rewards will be credited as USDT airdrop to eligible participants’ Toobit accounts within 14 business days after the campaign ends.
- Participants who fail to meet the registration, minimum trading-volume, ranking, or risk-control requirements will not receive a reward.
- If a participant’s account is restricted, suspended, closed, or otherwise unable to receive rewards, Toobit may withhold or cancel the reward.
Risk control and prohibited conduct
Toobit may review any activity suspected of being fraudulent, abusive, or manipulative. Toobit may disqualify participants, exclude related trading volume, adjust rankings, or withhold rewards where such activity is identified.
For more information, please refer to the Toobit compliance and risk control announcement.
General terms
- Toobit’s official records determine registration status, eligibility, trading volume, PnL%, rankings, and rewards.
- Toobit is not liable for delays, interruptions, or display errors caused by technical issues, maintenance, force majeure, or other events beyond its reasonable control.
- Toobit may amend, suspend, or cancel the campaign