Event Period: October 1, 2026 00:00 – October 31, 2026 23:59 (SGT)
Eligibility: MGBX users who click "Register" on the event page and meet the corresponding event conditions.
Event Details:
I. Trading Carnival Week — Earn Points, Win Rewards — 50,000 USDT
During the event, participate in futures trading. When a single order's profit reaches the required threshold, you will earn Candy Points. The top 500 users by cumulative Candy Points will share this prize pool proportionally based on their point contribution.
Prize: Futures Deduction Bonus
Single-Order Profit (USDT) |
Candy Points |
≥200 |
1 |
≥500 |
3 |
≥1,000 |
5 |
≥3,000 |
20 |
≥5,000 |
40 |
≥10,000 |
100 |
Event Rules:
- Weighted points per order = Base points of the order × VIP level coefficient at the time the order is closed.
- User's cumulative weighted points = Sum of weighted points of all eligible orders during the event.
- Only futures orders opened and closed during the event period with standard fees incurred will be counted.
- Single-order profit is based on the realized profit recorded by the platform after the order is closed, before deducting fees, funding fees, and futures deduction bonus effects.
- User reward = User's cumulative weighted points ÷ Total weighted points of the top 500 users × 50,000 USDT.
- If users have identical cumulative weighted points, rankings will be determined by higher valid futures trading volume during the event, followed by earlier time of reaching the final points.
- Candy Points are only used for ranking and reward calculation in this event and will be reset to zero after the event ends.
II. Trade with Peace of Mind, Warm Loss Subsidies for Late Autumn — 100,000 USDT
During the event, users who have at least one futures order with a single-order realized loss of no less than 200 USDT, and whose overall event result is a net loss, are eligible for loss subsidies.
Prize: Futures Deduction Bonus
Event Rules:
- Subsidy per eligible order = Realized loss of that order × 20%.
- Losses incurred from using futures deduction bonuses, trial bonuses, or other platform rewards will not be counted toward the single-order loss or the net loss during the event.
- Net profit/loss for the event is based on the total realized futures P&L recorded by the platform during the event; users with a total result of 0 or above are not eligible for this subsidy.
- Maximum subsidy per person: 200 USDT. Distribution stops once the cumulative payout reaches the 100,000 USDT prize pool cap.
- VIP users' maximum subsidy caps will be set additionally based on VIP level; the 20% loss subsidy rate remains unchanged.
III. Halloween Lucky Airdrop — Random Prizes Up for Grabs — Worth 50,000 USDT
During the event, complete any futures trade. If your position ID contains specific consecutive digits, you will receive one of the following prizes:
Prize |
Total Quantity |
Claim Rules |
$50 Cash |
50 |
Position ID consecutively contains "1031" and user completes KYC before the event ends |
$50 Futures Deduction Bonus |
950 |
Position ID consecutively contains "103" or "031" |
- VIP users' prizes will be distributed with weighting based on VIP level.
- For eligible positions, the prize type will be distributed randomly.
- Single-order trading volume ≥ 10,000 USDT.
- Cash priority: Users whose position ID contains "1031", with a single-order valid trading volume of no less than 10,000 USDT and completed KYC, will be ranked by order closing time; the first 50 will receive cash rewards.
- A position ID containing "1031" may also contain "103" or "031". If cash slots are full, or the user has not completed KYC before the event ends, they may still enter the futures deduction bonus reward queue if they meet the bonus conditions.
- Each user can receive a maximum of 1 reward from Event III. If a user has multiple eligible orders, only the earliest closed order will be included in the ranking.
- Total of 1,000 prizes available — first come, first served, while supplies last.
VIP Points Weighting Rules
VIP Level |
Weighting Coefficient |
Example: Base Points 100 |
Example: Max Subsidy Cap 200 |
Example: Base Reward 50 |
V0 |
1.0x |
100 |
200 |
50 |
V1 |
1.2x |
120 |
240 |
60 |
V2 |
1.4x |
140 |
280 |
70 |
V3 |
1.6x |
160 |
320 |
80 |
V4 |
1.8x |
180 |
360 |
90 |
V5 |
2.0x |
200 |
400 |
100 |
V6 |
2.2x |
220 |
440 |
110 |
V7 |
2.4x |
240 |
480 |
120 |
V8 |
2.6x |
260 |
520 |
130 |
Event Rules:
- Valid trading volume = Opening average price × Opening quantity + Closing average price × Closing quantity.
- The additional weighted rewards for VIP users are based on the VIP level at the end of the event; users may upgrade their VIP level during the event to earn higher-tier prizes.
- Only closed futures trades with standard fees incurred will be counted. Trading volume generated from trial bonuses or futures deduction bonuses, as well as volume from zero-fee trades, wash trades, volume manipulation, or abnormal trading, will not be counted as valid trading volume.
- Rewards for Event I and Event II are futures deduction bonuses; rewards for Event III are cash or futures deduction bonuses.
- Rewards will be distributed to eligible users' welfare center or funding account within 7 business days after the event ends.
- Futures deduction bonuses must be manually claimed and redeemed in the welfare center; only one bonus may be used at a time. After activating a new bonus, existing bonuses may automatically become invalid.
- Futures deduction bonuses cannot be used as opening margin; they may only offset a system-defined proportion of realized losses from futures trading and funding fees. They do not participate in loss offset in forced liquidation scenarios.
Terms and Conditions:
- During the event, users must comply with MGBX platform risk control rules. MGBX reserves the right to disqualify related accounts and revoke rewards for users who engage in bulk registration via single or multiple linked accounts, self-invitation, wash trades, or volume manipulation.
- Event-related data counts only valid futures trades with standard fees; platform system records are final.
- If a user engages in bulk registration, malicious use, fraud, fake sharing, illegal activity, cheating, multi-account arbitrage, AB-position hedging, or other harmful intent, MGBX reserves the right to disqualify participation and revoke rewards.
- Users who close their accounts during the event will be disqualified from receiving rewards.
- Each user may participate with only one account. The platform may determine account linkage based on identity information, devices, IP addresses, payment methods, and other information.
- MGBX reserves the right to change or modify event conditions based on actual circumstances, including but not limited to canceling, extending, terminating early, or suspending the event, as well as adjusting eligibility, reward scope, and number of winners.
- MGBX reserves the final interpretation rights for this event. If you have any questions, please contact MGBX customer support.
MGBX Team
September 29, 2026
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