Overview
The Ash October Trading Competition on OKX offers traders an exciting opportunity to showcase their skills and compete for prizes. This guide explains the participation requirements, calculation methods, and key rules you need to know.
Participation Requirements
Enrollment Process
- Click the "Join now" button (must change to "Enrolled" status)
- Complete KYC verification to claim rewards
- Trades using OKX rewards/rebates won't count toward competition volume
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Important Notes
- Page data updates aren't real-time (refresh for latest info)
- Competition requires minimum 10 qualified participants to proceed
Competition Criteria
Asset Qualification
- Minimum 1,000 USDT equity in trading account at competition start
- Serves as basis for dynamic prize pool calculation
Trading Volume
- Minimum 10,000 USDT volume in USDT Perpetual Contracts
- Fails to meet = exclusion from leaderboard
- Only self-funded trades count (no reward-based trades)
P&L Calculation Formula
Key Components
| Term | Definition |
|---|---|
| P&L% | (P&L / (Initial Equity + Total Deposits)) × 100% |
| P&L | Unrealized P&L + Realized P&L - Initial Unrealized P&L |
Detailed Explanations
- Initial Equity: USDT balance in first 5 minutes of P&L period
Total Deposit Amount: Sum of:
- Transferred USDT from non-trading accounts
- USDT from spot trades
- USDT from contract vouchers
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Eligible Contracts
- Only USDT Perpetual Swaps qualify
- Trading volume must come from self-funded positions
- Platform rewards excluded from volume calculations
FAQ Section
Q: Can I use rebate cards during the competition?
A: No, trades using any OKX rewards won't count toward your competition volume.
Q: How often is the leaderboard updated?
A: Data refreshes periodically but isn't real-time. Refresh your page for updates.
Q: What happens if fewer than 10 people join?
A: The competition will be canceled if participation falls below this threshold.
Q: Can I withdraw funds during the competition?
A: Withdrawals don't affect your Initial Equity calculation but may impact your trading capacity.
Q: Which contracts are eligible?
A: Only USDT perpetual swap trading pairs qualify for this event.
Prohibited Actions
- Using VPN/proxy services to manipulate location
- Multi-accounting or artificial volume generation
- Any form of market manipulation
Remember: All participants must comply with OKX's Terms of Service throughout the competition period.