Participation:

WEB: Click here, or log in to https://futures.huobi.com and click the slideshow “Derivative Masters” to enter the event page.

APP: Click the slideshow “Derivative Masters” at the top of HTX APP homepage or the icon in the middle.
 

Contest Period: 08:00 am (UTC) on Apr 17, 2022 – 08:00 am (UTC) on Apr 22, 2022

During the event, users can participate in the Derivatives Master Contest by trading any assets or holding positions in their cross margin account for USDT-margined contracts after registration. All participants are ranked by their PnL ratios. However, for participants to be included in the daily ranking, they will need to have a minimum daily trading volume of 1,000 USDT, and for participants to be included in the total ranking, they will need a minimum total trading volume of 5,000 USDT. 

Users with the 20 highest daily PnL ratios in the five rounds and users with the 20 highest total PnL ratios will share the prizepool of 100,000 USDT after the campaign ends.

Meanwhile,  winners also have a chance to get cards when they claim their rewards by 12:00 pm (UTC) on Apr 24, 2022.

1. Users with the 20 highest total PnL ratios will be rewarded as follows: 

2. Users with the 20 highest daily PnL ratios will be rewarded as follows: (5 rounds in total)

Terms and Conditions:

1. All participants are required to sign up for the campaign first. 

2. Designated Derivatives: Any pairs in the cross margin account of USDT-margined contracts, including USDT-margined swaps and USDT-margined futures.

3. All winners shall claim their rewards on the Ranking History page of the event on the HTX APP before 07:59 am (UTC) on Apr 30, otherwise the rewards will be forfeited. HTX will disqualify participants if any malicious behavior, such as maliciously brushing amount, registering batches of sub-accounts, etc, is detected.

4. Total PnL ratio will be calculated from 08:00 am (UTC) on Apr 17 to 08:00 am (UTC) on Apr 22, while the daily PnL ratio will be calculated from 08:00 am (UTC) on the previous day to 08:00 am (UTC) on the current day (total of five rounds). The daily ranking will be updated every hour.

5. For the total PnL ratio ranking, the total order quantity in the cross margin account for USDT-margined contracts shall be limited to 150 during the campaign. For the daily PnL ratio rankings, the daily order quantity in the cross margin account for USDT-margined contracts shall be limited to 30. All orders will be counted no matter whether filled or not. Once the order quantity exceeds the limit, users will not be permitted to enter the corresponding ranking.

6. PnL Ratio Formula: Total PnL Ratio= {[Account equity at the end of this campaign - (Transfer-in amount during the campaign – Transfer-out amount during the campaign) - Initial equity before the campaign]/ (Initial equity before the campaign + Transfer-in amount during the campaign)} * 100%. The formula also applies to the calculation for daily PnL ratios, starting from 08:00 am (UTC) on the previous day to 08:00 am (UTC) on the current day. The account above refers to the cross margin account for USDT-margined contracts.

7. HTX shall disqualify participants if any malicious behavior, such as maliciously brushing amount, registering batches of sub-accounts, self-trading, matched orders, etc, is detected.

8. If multiple winning accounts are found under the same IP network segment or the same batch of terminal devices, and are suspected to have been manipulated by the same user, they will be disqualified for the rewards.

9. Users from the following countries or regions will not be permitted to participate in this campaign: Mainland China, Hong Kong China, the United States of America, Canada, Japan, Cuba, Iran, North Korea, Sudan, Syria, Singapore,  Venezuela and Crimea. HTX reserves the final interpretations of this campaign.

10. Sub-accounts and market-makers are not permitted to participate in this campaign.

11. Rewards (USDT) will be distributed to users' Exchange Account, please note and check.

HTX reserves the right in its sole discretion to amend or change or cancel this announcement at any time and for any reason without prior notice. The above is for information purposes only and HTX makes no recommendation or guarantee in respect of any digital asset, product, or promotion on HTX. Prices of digital assets are highly volatile and trading digital assets is risky. Please read our Risk Reminder text here.