"Long vs Short Duel" — Compete Across Three Dimensions for 8,000 USDT Glory

Event Rules

Dimension 1: Win Rate Duel

• Long Win Rate = Number of Profitable Long Orders / Total Long Orders
• Short Win Rate = Number of Profitable Short Orders / Total Short Orders

• Long Win Rate Contribution = (User’s Profitable Long Orders + User’s Losing Short Orders) - (User’s Losing Long Orders + User’s Profitable Short Orders)
• Short Win Rate Contribution = (User’s Profitable Short Orders + User’s Losing Long Orders) - (User’s Losing Short Orders + User’s Profitable Long Orders)

Dimension 2: Profit Duel

• Long Profit = Total Platform Long Profit (losses excluded)
• Short Profit = Total Platform Short Profit (losses excluded)

• Long Profit Contribution = INTEGER(User’s Net Long Profit / 100)
• Short Profit Contribution = INTEGER(User’s Net Short Profit / 100) *INTEGER( ) means the integer part only (decimal discarded).

Dimension 3: Trading Volume Duel

• Long Volume = Total Platform Long Trading Volume
• Short Volume = Total Platform Short Trading Volume

• Long Volume Contribution = INTEGER(User’s Long-Short Volume Difference / 10,000)
• Short Volume Contribution = INTEGER(User’s Short-Long Volume Difference / 10,000) *INTEGER( ) means the integer part only (decimal discarded).

Reward Rules

• If the Long side wins, the top 400 users on the Long Contribution leaderboard will share the prize pool based on contribution ratio.
• If the Short side wins, the top 400 users on the Short Contribution leaderboard will share the prize pool based on contribution ratio.
• User’s Long Contribution Value = Long Win Rate Contribution + Long Profit Contribution + Long Volume Contribution
• User’s Short Contribution Value = Short Win Rate Contribution + Short Profit Contribution + Short Volume Contribution

Terms and Conditions:

1. 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.
2. Trading volume is calculated as closing price × quantity, only including futures trades that generate transaction fees.
3. All rewards will be distributed within 7 working days after the event concludes.
4. 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.
5. 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.
6. 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.
7. MGBX holds the final interpretation rights for this event. For any inquiries, please contact MGBX customer support.