I. Top Volume – Dynamic Reward Pool (Up to $24,000 USDC)

Top Volume rewards are distributed to the Top 100 traders ranked by cumulative Perpetual trading volume on Coin98 Super Wallet during the campaign period.

Reward Structure

• The prize pool starts at $1,000 USDC.
• The pool increases by $100 USDC for every $500,000 in total campaign trading volume.
• The maximum prize pool is capped at $24,000 USDC.
• Only traders with at least $1,000 cumulative Perpetual trading volume during the campaign are eligible for ranking.

Example

If total campaign trading volume reaches $10,000,000:

• $10,000,000 ÷ $500,000 = 20 increments
• 20 × $100 = $2,000 added
• Total prize pool = $1,000 + $2,000 = $3,000 USDC

This total amount will be distributed proportionally among the Top 100 traders based on their final trading volume ranking.

Reward Distribution Formula

Each eligible trader’s reward will be calculated as:

Your Reward = (Your Trading Volume / Total Trading Volume of Top 100 Traders) × Final Prize Pool

II. Top Invite+

Top Invite+ rewards are distributed to the Top 20 users ranked by the number of qualified invited traders.

Qualification Criteria

• An invited user is considered qualified when they reach at least $1,000 cumulative Perpetual trading volume during the campaign.
• Only qualified referrals will be counted.

Only users with at least one qualified invited trader are eligible to appear on the Invite+ leaderboard.

Reward Structure

• Total Invite+ reward pool: $1,000 USDC
• Distributed to Top 20 ranked users.
• Final reward tiers will be announced on the leaderboard page.

Campaign Rules

0. Basic

• Period: 12:00 Mar 06, 2026 – 23:59 Mar 19, 2026 (UTC)
• Platform: Coin98 Super Wallet (iOS & Android) — Perpetual Futures (Hyperliquid)
• Categories: Top Volume & Top Invite+
• Total Rewards: Up to $25,000 USDC (Top Volume up to $24,000 + Top Invite+ $1,000)
• Leaderboard Updates: Updated periodically (approx. every 4 hours). Data shown may reflect the last sync window.

1. Eligibility

• Campaign is open to all eligible Coin98 Super Wallet users.
• Trading volume must be executed via Coin98 Super Wallet (Android & iOS).
• Only executed trades are counted.
• Both opening and closing orders are included in volume calculation.

2. Trading Volume Calculation

• Volume is calculated based on total Perpetual trading volume (after leverage).
• Transaction fees are excluded from trading volume calculation.
• Abnormal trading behavior (including wash trading, self-trading, or market manipulation) will result in disqualification.
• Coin98 reserves the right to review and adjust final rankings.

3. Leaderboard & Data Update

• Leaderboards are updated periodically during the campaign.
• Final rankings are based on system-recorded data at campaign end time (23:59 UTC).
• In case of tied volume, ranking priority will be determined by the time the final qualifying trade was executed.

4. Reward Distribution

• Rewards will be distributed in USDC (Arbitrum network).
• Rewards will be sent to users’ Coin98 Vault within 7 business days after campaign conclusion.
• Users are responsible for ensuring sufficient gas fees for claiming rewards.

5. Notes

• Leaderboards for both Top Volume and Top Invite+ are updated once per day. Rankings are calculated based on cumulative trading volume recorded during the campaign period. Final rankings are determined using data captured at the end of the campaign.
• If multiple participants have the same final ranking, the ranking will be determined by who reached the result first.
• The winner list announcement and reward distribution will be completed within 7 business days after the campaign ends. Rewards will be distributed in USDC on Arbitrum via Coin98 Vault. The Vault will expire 90 days after distribution, please make sure to claim it before the expiry date.

6. Terms & Conditions

• This campaign is a performance-based trading competition, not an airdrop or guaranteed reward program.
• Participation does not guarantee rewards.
• Perpetual trading involves high market risk, and users are solely responsible for their trading decisions.
• Coin98 reserves the right to modify, suspend, or terminate the campaign at any time if necessary due to technical, regulatory, or operational reasons.
• Coin98 has the final authority to interpret campaign rules, determine eligibility, validate leaderboard results, and resolve disputes.
• All campaign data and reward calculations are subject to Coin98’s internal systems and records as the single source of truth.
• Winner list announcement and rewards are distributed within 7 business days after the campaign concludes. Coin98 reserves the right to review, adjust, or revoke rewards if abnormal trading behavior, system abuse, or data inconsistencies are detected.
• The Vault will have a claim period of 3 months. After 3 months, the rewards can no longer be claimed, so make sure to claim your rewards early.
• Any form of wash trading, self-trading, market manipulation, or fraudulent behavior is strictly prohibited. Accounts involved in such activities may be disqualified without prior notice.

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