Trading Competition

At Citrex, traders have always been central to our product and business strategy. Every piece of code and infrastructure we develop is crafted with one user in mind: our traders. We believe that traders are the lifeblood of our every action, and the first step to building a first-class trading experience and decentralized exchange is to gather as many satisfied traders as possible.

We are excited to announce that Citrex will be launching several trading competitions in the coming weeks and months. The primary goal of these competitions is to incentivize traders with diverse behaviors and encourage them to try out the unique features of Citrex. The second goal is to make the trading experience fun and entertaining, adding a competitive challenge to the usual pursuit of profit and loss. We believe this is a key feature in helping us build a strong trader community. Our vision includes multiple short trading competitions to keep engagement high and allow participants to see the rewards of their efforts soon. Moreover, we value loyal traders above all. In each season of the trading competition, we will reserve part of the prize pool to reward traders who have been with Citrex since previous seasons.

How does it work? Rules and FAQ

1. What is a crypto trading competition?

It is a contest where individuals compete to be the best trader for a given parameter (Profits, ROI, Volume, Number of Traders or other) in a predetermined time frame.

1. How to participate in a trading competition?

Entering into the trading competition is free, you simply have to connect your wallet and start trading on https://citrex.markets. The trading competition will have a start date and time and an end date and time. All the traders placed within the given timeframe will be eligible to account for a share of the prize pool.

You can trade any instrument available on the Citrex platform

1. How will rewards be paid out?

Rewards will be paid out 48 hours after the end of the trading period and will be credited to your wallet.

1. Is there a minimum $ requirement to take part in the competition?

There is no minimum trading requirement. Everyone can take part in the competition.

1. What are the fees for trading on Citrex?

Taker pays 0 fees (when liquidity is removed), while Maker pays 1bp (when liquidity is added). The minimum order is 1$.

1. Any other thing I need to know?

To be eligible in the trading competition you need not to be enrolled in other rewards program like the Market Maker Liquidity Incentives Pool

Trading Competition & Seasons

1. The Warm up

Prize Pool: 15,000 SEI Timeframe: 24 February 2025 - 28 February 2025 (5 days) Target: Ranking by Volume - Linear Goal: Get familiar with Citrex App Leaderboard: [HERE] Note: Each participant cannot receive more than 20% of the prize pool.

2. The Start

Prize Pool: 15,000 SEI - 10bps rebate Timeframe: 5 March 2025 - 9 March 2025 (5 days) Target: Get a 10 bps rebate on your volume. First come first serve Leaderboard: [HERE] Goal: Get familiar with delta neutral trades and carry trades

3. The LIFTOFF 🚀

Prize Pool: 375,000 SEI Timeframe: 24 March 2025 - 24 April 2025 (30 days) Target: Variable Rebate Rewards

Basis Points Rebate	$ Volume Cap	$ Rewards	SEI Rewards
50	1,000	$5	25
20	10,000	$20	100
15	100,000	$150	750
8	500,000	$375	1,875
5	1,000,000	$500	2,500
2	5,000,000	$1,000	5,000

Leaderboard: [HERE] Goal: Take Citrex to $150M volume