Toobit Leaderboard Challenge

Eligibility and Registration

1. This campaign is open only to eligible users under the designated affiliate network.
2. Referred users will be automatically registered if they hold at least 200 USDT in their Futures Account. If this requirement is not met, registration will fail, and the system will recheck eligibility every eight hours. Users may also click [Register Now] to trigger an immediate eligibility check.
3. Sub-accounts, market makers, API traders, and institutional accounts are not eligible to participate.
4. To enter the PnL% Leaderboard, a registered user must generate at least 50,000 USDT in Effective Futures Trading Volume during the Campaign Period.
5. Only participants with a final PnL% greater than 0% are eligible to rank and receive rewards.

PnL% Leaderboard and Ranking

1. This campaign includes one leaderboard only: the Futures PnL% (ROI%) Leaderboard.
2. Eligible participants will be ranked from highest to lowest according to their final Futures PnL% during the Campaign Period.
3. Participants must meet the minimum Effective Futures Trading Volume requirement and all other eligibility conditions to appear on the final leaderboard.
4. Leaderboard data is updated approximately every 10 minutes and may be delayed. Users should refresh the campaign page if recent data is not displayed.
5. Data displayed on the campaign page is for reference only. Final eligibility, PnL%, rankings, and rewards are subject to verification by Toobit’s Risk Control and Data teams. Toobit’s final settlement records will prevail.

Futures PnL% (ROI%) Calculation

Only assets and transactions in the participant’s Futures Account will be included.

1. Profit = Equity at Settlement + Withdrawals − Initial Equity − Deposits − Incentive Fund Principal
2. PnL% = Profit ÷ (Initial Equity + Deposits + Incentive Fund Principal) × 100%
3. Initial Equity and Equity at Settlement include unrealized profit and loss in the Futures Account at the official start and end of the campaign.
4. Deposits and Withdrawals refer to funds transferred into or out of the Futures Account during the Campaign Period.
5. 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

1. Total Eligible Futures Trading Volume includes qualifying opening and closing volume generated from eligible USDT- and USDC-margined Perpetual Contracts during the Campaign Period. Both qualifying Maker and Taker trading volume count, subject to the exclusions below and Toobit’s final review.
2. Incentive Fund Trading Volume refers to trading volume generated using Futures Bonuses, Trial Funds, Cash Vouchers, or other promotional funds used to offset trading fees or losses. Such volume will be deducted from Effective Futures Trading Volume.
3. The following will not count:
1. Spot or fiat transactions;
2. Copy Trading, Strategy Trading, or Grid Trading;
3. Zero-fee or 0% Maker-fee trading pairs;
4. Stablecoin pairs, including USDC/USDT;
5. Self-matching, wash trading, artificial volume generation, abusive hedging, risk-free offsetting, market manipulation, or other activity deemed fraudulent or abusive by Toobit.
4. Positions held for less than three minutes will be considered invalid, and the related trading volume will not count.

Rewards and Distribution

• Rewards are based on each eligible participant’s final PnL% ranking and the highest prize pool unlocked. Prize pools are not cumulative.
• Each reward consists of 35% USDT and 65% Trial Funds. For example, a 1,000 USDT reward includes 350 USDT and 650 USDT in Trial Funds.
• Trial Funds are valid for 14 days and cover 20% of eligible futures trading fees, funding fees, and losses. The remaining 80% is paid from the user’s own funds. Trial Funds cannot be withdrawn.
• Rewards will be airdropped within 14 business days after the campaign ends, subject to final verification and risk-control review.
• Users who fail to meet the registration, 50,000 USDT Effective Futures Trading Volume, positive PnL%, ranking, or risk-control requirements will not receive rewards.
• Rewards for vacant ranking positions will not be redistributed. Toobit may withhold or cancel rewards if an account is restricted, suspended, closed, or unable to receive them.

Risk Control and Prohibited Conduct

Toobit may review any activity suspected of being fraudulent, abusive, or manipulative. Toobit reserves the right to disqualify participants, exclude related trading volume, adjust PnL% or rankings, and withhold or recover rewards.

For details, please refer to the Toobit Compliance and Risk Control Announcement.

General Terms

1. Toobit’s official records determine registration status, eligibility, Effective Futures Trading Volume, PnL%, rankings, and rewards.
2. Toobit is not liable for delays, interruptions, or display errors caused by technical issues, maintenance, force majeure, or circumstances