Dear MGBX Users: To thank all our users for their support and trust, MGBX is launching the limited-time "Futures PNL Challenge"! Reach PNL targets to earn rewards, plus liquidation subsidies to help you trade with confidence. A total prize pool of 8,000 USDT awaits — first come, first served!
Event Period:
August 14, 2025 00:00 – August 19, 2025 23:59 (SGT)
Eligible Participants:
All platform users
1. PNL Challenge — 6,000 USDT
During the event, participate in Futures trading. If the PNL from a single order reaches the target amount, you will receive the corresponding reward.
| Single Order PNL (USDT) | Reward (USDT) |
| ≥ 100 | 2 |
| ≥ 200 | 5 |
| ≥ 500 | 10 |
| ≥ 1,000 | 20 |
Rules:
- Only Futures orders closed during the event period will be counted
- Multiple achievements of PNL targets can be accumulated for rewards
- The total prize pool for this segment is 6,000 USDT, distributed in order of order completion; first come, first served until the pool is exhausted
2. Liquidation Subsidy — 2,000 USDT
During the event, users who experience a single liquidation loss of ≥ 200 USDT in Futures trading are eligible for the liquidation subsidy.
Rules:
- Subsidies will be distributed proportionally based on the liquidation loss amount
- If a user has multiple orders meeting the criteria, subsidies for multiple orders can be accumulated
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
August 13, 2025
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