「Global Trading King Competition S2」Share 300,000 USDT in Futures Rewards

I. Event Period

II. Eligible Participants

III. Event Details

IV. Prize Pool Unlocking Rules

• If the cumulative effective trading volume reaches 200 million USDT, a 10,000 USDT prize pool is unlocked.
• If the cumulative effective trading volume reaches 600 million USDT, a 50,000 USDT prize pool is unlocked.
• If the cumulative effective trading volume reaches 10 billion USDT, the full 300,000 USDT prize pool is unlocked.

V. Overall Trading Leaderboard Rewards

VI. New User Trading Volume Leaderboard Rewards

VII. Dual Leaderboard Mutual Exclusivity and Reward Settlement

1. The two leaderboards are ranked separately and candidate rewards are calculated separately. New users participating in the Overall Trading Leaderboard must still meet the 100,000 USDT effective trading volume threshold.
2. The same user will receive only one leaderboard reward. When a new user qualifies for candidate rewards on both leaderboards, the higher amount will be distributed.
3. After the event ends, the platform will first remove users who do not meet trading volume, net deposit, or risk control requirements, then determine the final rankings of the two leaderboards and compare the rewards across both leaderboards.
4. After the final rankings of the two leaderboards are determined, lower rewards not distributed due to the mutual exclusivity rule will not be filled in or redistributed; if the number of eligible users is insufficient, rewards for vacant rankings will also not be redistributed.
5. 300,000 USDT is the maximum unlockable prize pool; the actual total amount distributed is subject to the final unlocked tier, the number of eligible users, and the mutual exclusivity settlement results.

VIII. Net Deposit Requirement

• At the end of the event, the cumulative net deposit during the event period is verified; at the reward review, deposits and withdrawals from the end of the event to the review time will continue to be counted.
• Fund transfers between different trading accounts within the platform are not counted as deposits or withdrawals.
• Internal platform user transfers, bonuses, rebates, event rewards, and trading profits and losses are not counted as valid external deposits.
• Non-USDT assets are calculated based on the USDT conversion value recorded by the platform at the time of deposit or withdrawal.
• Existing account balances before the event are not counted toward this net deposit.
• If the net deposit is less than 200 USDT at any verification time, the user is not eligible to receive rewards for this event.

IX. Event Rules and Terms

1. Users must successfully register for the event. Only valid futures trading volume generated after registration and during the Event period will count toward this Event. Users who have already participated in community or other channel events are not eligible to participate in this event or receive its rewards.
2. Effective trading volume is calculated based on the cumulative notional value of eligible futures trades, with opening and closing positions counted separately; only trades that are executed and actually generate trading fees are counted.
3. Trades using trial funds or future deduction bonus, as well as zero-fee trades, wash trading, volume farming, abnormal trades, and related-account arbitrage, are not counted as effective trading volume.
4. In the case of the same trading volume, the user who reaches that volume first ranks higher. The rankings displayed on the event page are for reference only; final rankings and rewards are subject to the settlement data after platform review.
5. The same actual controller may use only one account to participate. Multiple-account participation, bulk registration, cheating, AB-position hedging, or other malicious arbitrage behaviors will result in disqualification of the relevant accounts after verification.
6. Rewards are in the form of future deduction bonus. The USDT amounts in this document represent the face value of the rewards and do not represent cash that can be withdrawn directly.
7. Rewards will be reviewed and distributed within 7 business days after the end of the event. Users must still meet the net deposit and other eligibility requirements at the time of distribution review.
8. The validity period of future deduction bonus is subject to the reward voucher details and will automatically expire after the deadline; the specific activation method, deduction ratio, applicable products, and usage restrictions are subject to the voucher page description.
9. future deduction bonus cannot be used as opening margin and are not counted toward the net deposit for this event. In forced liquidation scenarios, they do not participate in loss offset, and related losses are borne by the user's own funds.
10. Users who cancel their accounts during the event period or before reward distribution will be deemed to have waived their eligibility to win.
11. The platform may investigate abnormal trades and abnormal fund flows, and may disqualify violating users and revoke or recover rewards obtained in violation according to the published rules.
12. If event arrangements need to be adjusted, the platform will announce them through official channels. For matters not covered in this event, please contact MGBX customer service.