If you’re already trading perps, it's time to start getting paid for performance. @dYdX just rolled out a 4-week Trading League with up to $1 million prize pool. I've already started competing. Here's how you can also 🧵
1. What is this? dYdX Trading League is a weekly trading competition that resets every 7 days. - Trade on the @dYdX frontend - Climb the leaderboard by PnL - Compete for rewards It’s an official pilot to test whether short, skill-based comps can boost non-API activity.
2. Prize tiers (per week) Less than $550M → $100k $550M–$700M → $175k More than $700M → $250k (full pool)
3. EV tips to climb the leaderboard - Start with a smaller size to maintain a clean curve - Press on late-week winners - Avoid unnecessary mid-week cash movements Here's the PnL formula: (Current Equity - Net Deposit) - Equity at the beginning of the week Don’t spam trades just to pump volume. It won't work.
4. Reward Distribution Rewards will be distributed quickly, within 3 days of the finalization of each weekly competition’s results. Funds flow directly from the Treasury SubDAO to winners, skipping separate governance votes for each weekly payout.
Also, follow these chads for the best alpha content ↓ ➣ @DeRonin_ ➣ @arndxt_xo ➣ @TheDeFinvestor ➣ @the_smart_ape ➣ @poopmandefi ➣ @0xAndrewMoh ➣ @eli5_defi ➣ @izu_crypt ➣ @DOLAK1NG ➣ @splinter0n ➣ @0xTindorr ➣ @Hercules_Defi ➣ @CryptoShiro_ ➣ @RubiksWeb3hub
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