Competition Schedule

• Official Squad Competition Registration Period: January 15, 2025, 10:00 AM to February 6, 2025, 10:00 AM (UTC)
• Squad Competition Period: January 23, 2025, 10:00 AM to February 13, 2025, 10:00 AM (UTC)

Competition Contracts

Eligible Contracts: USDT Perpetual Contracts

Participation and Reward Criteria

• Squad Member Joining Criteria: Meet the team’s requirements.
• Squad Member Ranking Criteria: At the beginning of the competition, if a user's wallet balance in a specific contract currency is ≥ 200 USDT for more than five (5) minutes, the system will record that balance as the initial equity for the competition.
• Squad Member Rewarding Criteria: If the reward is based on Threshold Volume, a user's Derivatives transaction volume must be ≥ 50,000 USDT during the competition period. If the reward is based on Effective PnL(%), a user's trading volume must exceed the specified threshold.

Squad Competition Rewards

• Team Profitability (%) Rewards: The first place in this prize pool receives 10%, the second place receives 6%, the third place receives 4%, the 4th to 10th place team members will share 20%, and the remaining eligible team members will evenly divide the remaining 60%.
• *To qualify for any of the above rewards, team members must meet a minimum trading volume of $50,000; those who do not meet this requirement are not eligible for rewards.
• The team competition ranking will be updated every 5 minutes based on team profitability.
• If two teams have the same number of members, the team that reaches the required number first will win. If both teams reach the required number simultaneously, the team with the higher trading volume will win.
• Users can participate in all categories of the team competition simultaneously.
• Market makers and Pro users are not eligible to participate.
• This competition only counts USDT perpetual contracts.

Squad PnL% Rewards and Calculation Formula

• Squad Member Profit Amount= [Account Net Value (including unrealized P&L and bonuses) - Initial Net Value (including unrealized P&L and bonuses) + Withdrawals during the competition - Deposits during the competition].
• Squad Member PnL% = Profit / (Initial Net Value + Total Deposits) * 100%.
• Squad PnL% = Total PnL% the Top 10 Members / 10 (If any of the top 10 members do not meet the 50,000 USDT trading volume requirement or have a negative profitability, they will not be included in the calculation). If there are fewer than 10 qualified team members, the average will still be calculated based on 10 members.
• Deposits: Cumulative deposit amount during the competition (including transfers, bonuses, fee discount vouchers, asset exchanges, and transfers from other accounts to the contract account).
• Withdrawals: Cumulative withdrawal amount during the competition (including all withdrawals and asset exchanges).
• Initial Net Value: At the beginning of the competition, if a user's wallet balance in a specific contract currency is at least 200 USDT for more than five (5) minutes, the system will record that balance as the initial equity for the competition.
• Account Net Value: Calculated every 5 minutes before the end of the competition.

How to Join a Squad

• All participants must join a team and can select a leader on the competition page to join their team.
• Joining multiple teams is not allowed. Click "Join Now" to participate immediately.
• A net asset value of no less than 200 USD is required for successful registration (any deposits, withdrawals, asset exchanges, and trading fees may affect your net asset value. Please verify your net asset value before registering).
• If a participant’s team has fewer than 10 members, the system will remind such participants to join another team 24 hours before the competition begins. If these participants do not join a new team before registration closes, the system will automatically disband teams with fewer than 10 members 10 minutes before the competition begins and randomly assign participants to teams with fewer members.
• Disclaimer: Any market analysis provided by squad leader does not represent the official opinion of Zoomex. If any team members incur trading losses, Zoomex will not be held responsible.

Terms and Conditions

• 1. During the competition, ZOOMEX reserves the right to disqualify participants for any of the following reasons: wash trading, self-dealing, multi-account operation, self-trading, or market manipulation.
• 2. If the risk control engine detects that users are using similar trading strategies, only the participant with the highest profitability will be allowed to continue competing.
• 3.If users have been detected to have engaged in matched trading activities by our risk detection engine, all associated users will be disqualified from the competition.
• 4. During the competition, users who cancel orders more than 10 times per minute may be disqualified.
• 5. ZOOMEX reserves the final interpretation rights for this competition’s terms and conditions. If you have any questions, please contact customer support.
• 6. Rewards will be distributed to users’ Rewards Hub within 30 days after the competition ends.