Season 1 - Trading Competition
The Trading Competition is live on Reya DEX! Compete for your share of the $20K prize pool plus 10% of trading fees, earn XP, climb the ranks, and boost your rewards with rebates and the new Reya affiliate program.
We’re thrilled to announce that the Trading Competition has officially launched on Reya DEX. Traders now have the chance to compete for massive rewards while showcasing their skills on the world’s leading trading-optimized network. Here’s a breakdown of the competition and how you can get involved:
The competition mechanics have been revamped with an updated XP model to create a balanced ecosystem for both traders and LPs. You can now earn 1 XP for every $2 traded, and 1 XP for every $1,000 of open interest per minute you maintain. To boost your chances, take advantage of the enhanced Boost Model, which allows you to multiply your XP up to 100x for maximum gain. Every trade you make on Reya DEX boosts your XP, so the more you trade, the higher your chances of winning big!
For every 1,000 XP earned, you’ll receive 1 ticket in the competition. The more tickets you collect, the better your chances to win a share of the (growing) $20K prize pool plus 10% of all trading fees collected between now and the end of Season 1 on October 9th. The prize pool breakdown is as follows:
Trading rebates & affiliate program
In addition to the competition, Trading Rebates are now live, allowing traders to earn even more while competing. For every friend you refer to the platform, you can receive 10% of the trading fees they generate and 10% of their Trading XP. This boosts both your ranking and your chances in the competition.
In addition, the Affiliate Program has also launched, offering approved affiliates 15% in trading rebates from the fees generated by each referred user, plus an additional 10% in Trading XP based on the XP their referrals generate. It’s an excellent way to maximize your earnings and elevate your rank.
Affiliates can apply through the referral section of the leaderboard. To get started, head to app.reya.xyz and generate your referral link.
Leaderboards & ranks updates
The competition now features a simplified Trader Leaderboard, with three new "Demigod" levels introduced to help you track your progress and compete with others:
- Hercules: Top 10% of traders by total XP.
- Perseus: Next 20% (top 10-30%).
- Achilles: Remaining 60%.
Trade on Reya DEX to start earning XP, climb the leaderboard, and claim your Demi-God rank. The Trader Leaderboard is the primary focus of the competition, while the LP Leaderboard reflects XP accumulated by Network Stakers (LPs) and relative LP rank. Both can be accessed via the top navigation bar on app.reya.xyz.
Trading XP accrued each week determines your position on the Reya trading leaderboard, with a weekly ranking event every Monday moving the top 10% to the level above and the bottom 10% to the level.
Got questions?
Maximize your rewards
The updated XP model, trading rebates, and affiliate program make it easier than ever to earn rewards and climb the leaderboard. Whether you’re a seasoned trader or new to DeFi, this is your chance to rise through the ranks and claim your piece of the $20K prize pool.
Don't miss out—start earning XP, collect tickets, and boost your chances of taking home the top prize.
