In its most recent move to reward its users, MEXC has announced the launch of its May Futures Competition, titled “Together Towards BTC Halving: Building Our Futures”. This competition, open to both new and existing users, features a grand prize pool of up to 8 million USDT.
Event Timeline
The competition kicks off on May 14 and runs until May 28. The registration period begins at 09:30 (UTC) on May 14 and closes at 14:55 (UTC) on May 28. The competition itself will take place from 15:00 (UTC) on May 14 to 14:59 (UTC) on May 28.
Participation Criteria
To join the competition, users must have a total futures account equity of at least 200 USDT at the time of registration. MEXC will review each registered user’s eligibility before the competition starts. If a user is deemed ineligible, they may re-register after transferring sufficient assets to their futures accounts.
Total Prize Pool
The prize pool varies depending on the number of participants:
- Over 0 participants: 500,000 USDT
- Over 10,000 participants: 1,000,000 USDT
- Over 15,000 participants: 1,500,000 USDT
- Over 25,000 participants: 2,500,000 USDT
- Over 40,000 participants: 5,000,000 USDT
- Over 50,000 participants: 8,000,000 USDT
Activity 1: Spin the Wheel
Participants can spin the wheel to grab futures bonuses worth 35% of the total prize pool. For every 75,000 USDT accumulated in daily trading volume, users will receive one chance to spin the wheel, with a maximum of three chances per day. The bonus amounts are randomized, and the number of chances resets daily at 14:59 (UTC).
Activity 2: Checkpoint Challenges
Participants can claim daily challenge rewards by passing checkpoint challenges. After the competition starts, participants will receive corresponding rewards when their daily trading volume meets the checkpoint requirement. The rewards are available only on that day and will be distributed the next day.
Activity 3: Top Rankings
Participants who trade USDT-M perpetual futures trading pairs and accumulate a trading volume of at least 20,000 USDT will be ranked by their PNL amount and daily trading volume. The prize pool allocation for the PNL Amount Ranking Reward is as follows:
- 1st place: 20%
- 2nd place: 15%
- 3rd place: 8%
- 4th place: 5%
- 5th place: 3%
- 6th-15th places: Share 19% based on trading volume and PNL amount, capped at 5% per user
- 16th-30th places: Share 20% based on trading volume and PNL amount, capped at 3% per user
- 31st-50th places: Share 10% based on trading volume and PNL amount, capped at 3% per user
Daily Trading Volume Ranking Reward
The top 200 participants in daily trading volume will share 25% of the total prize pool according to the following allocation:
- 1st place: 15% (doubles if trading volume exceeds 80 million USDT)
- 2nd place: 10%
- 3rd place: 8%
- 4th place: 5%
- 5th place: 3%
- 6th-20th places: 14% shared based on trading volume
- 21st-50th places: 10% shared based on trading volume
- 51st-100th places: 10% shared based on trading volume
- 101st-200th places: 10% shared based on trading volume
For instance, if a participant named Leo has a trading volume of 80 million USDT and ranks 1st on an event day, he would receive a significant bonus from the total prize pool.
Reward Redemption Criteria
To be eligible for the prize pool, participants must achieve a trading volume greater than 20,000 USDT with a positive PNL amount. Rewards will be distributed within 24 hours after winning, except for the PNL Amount Ranking, which will be issued within 10 days after the event ends.
Reward Distribution Rules
Users must fulfill all stated criteria and complete required steps to redeem their rewards. Stay updated with the daily trading volume ranking via Telegram or Twitter. All rewards are stackable, and event bonuses are valid for seven days.
For more information and to join the competition, visit the official MEXC website. If you’re not signed up on MEXC yet, don’t miss out on substantial welcome rewards by using our referral code, or simply use our MEXC signup link.
