Dear MGBX users,
To encourage users to capture excess returns in the futures market, MGBX is launching a limited-time event — the “Alpha Hunter Event”!
During the event, participants who achieve strategic profits or demonstrate high-efficiency trading will have the chance to share in a dual prize pool of up to 7,000 USDT! Whether you're a steady strategist or a high-frequency trading expert, this is your opportunity to earn rewards in the world of futures trading.
Event Period: June 26, 2025, 00:00 – July 2, 2025, 23:59 (SGT)
Eligibility: All platform users
Event Details:
Prize Pool 1: Strategy King Pool – 3,000 USDT
During the event, all futures orders with a margin ≥ 200 USDT will be ranked based on PNL. The top 300 users will share the prize pool.
Ranking | Minimum Requirement | Prize Pool (USDT) |
Top 300 | PNL ≥ 50% | 2,000 |
Top 20 | PNL ≥ 100% | 500 |
Top 3 | PNL ≥ 200% | 500 |
Rules:
- Only the single order with the highest PNL will be counted for each user.
- PNL = Realized PnL / (Closing Price × Position Size / Leverage)
- Personal Reward = Prize Pool × (User PNL / Total PNL of Qualified Users)
- Rewards from different tiers are cumulative.
Prize Pool 2: Trading Tycoon Pool – 4,000 USDT
During the event, users will be ranked by their total futures trading volume. The top 200 users will share the prize pool.
Rules:
- Trading Volume = Close Price × Closing Quantity
- Minimum requirement: During the event period, Personal Trading Volume ≥ 500,000 USDT
- Personal Reward = (Personal Total Volume / Total Volume of Top 200 Users) × Prize Pool Amount
Terms and Conditions:
- Participants must comply with MGBX Exchange Risk Control Rules. Any attempt to manipulate results by using single or multiple accounts for hedging strategies will lead to disqualification and risk control actions on the account.
- Trading volume is calculated as closing price × quantity, only including futures trades that generate transaction fees.
- All rewards will be distributed within 7 working days after the event concludes.
- Each UID is eligible for rewards only once. In the event of duplicate winnings, the prize will be passed down to the next eligible participant.
- MGBX will conduct a strict review of all participants. Any fraudulent behavior, including mass account registrations, malicious trading, exploitation, illegal activities, or any form of cheating, will result in disqualification and reward cancellation.
- MGBX reserves the right to modify or adjust the event terms, including but not limited to cancellation, extension, termination, temporary suspension, eligibility criteria, reward selection, and any other necessary changes.
- MGBX holds the final interpretation rights for this event. For any inquiries, please contact MGBX customer support.
MGBX Team
June 25, 2025
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