Dear Traders,

We are thrilled to announce our PT Airdrop Tsunami. Are you ready for a chance to win more PT? Check the mission below and don’t miss the huge giveaway!

Timeline

Scoring Period: 00:00 October 31, 2023 - 00:00 November 19, 2023 (UTC)

Verification and Snapshot Period: 00:00 November 19, 2023 - 00:00 November 22, 2023 (UTC)

Prize Distribution: Before 00:00 on November 30, 2023 (No vesting, 100% will be distributed.)

How does it work?

During the event from 10/31/2023 00:00 - 11/19/2023 00:00, users who complete the missions below can get corresponding points. Different points correspond to different PT token airdrop rewards. 

The total PT airdrop pool is 1 Million PT, first come first served!

*The trading volume (Contracts + Spot) generated with bonus and voucher won’t be calculated.

*USDT deposits from Buy crypto and Deposit on chain will be counted.

You can find the corresponding rewards in the list below:

Verification and Distribution Rules

Verification of Net Deposit Missions

• At 00:00 on October 31, 2023, Phemex will take a snapshot of each users’ USDT holdings.
• At 00:00 on November 19, 2023, Phemex will take a snapshot of each participants’ AUM and USDT net deposit amount of participants during the event will be final verified. If the user doesn’t meet the requirement at that moment, the corresponding point will be removed and the total PT airdrop amount will also shrink based on the removed point amount.
• Net Deposit Amount = Accumulative USDT deposit Amount - (All Tokens Withdrawal Amount * Token Price) 

Verification of Asset Snapshots 

• During November 19, 2023 00:00 - November 22, 2023 00:00 (UTC), Phemex will take 3 snapshots of all participants’ AUM randomly. Users can get the final PT airdrops if the average AUM of the 3 snapshots is no less than $50. 

This event is part of Phemex Token To The Moon, you can find more details regarding the whole campaign here.

Note

1. Users must click the 'Check Eligibility' button to participate.
2. Trading volume from Contracts and Spot will be counted. The trading volume (Contracts + Spot) generated with bonus and voucher won’t be calculated.
3. USDT deposits from Buy crypto and Deposit on chain will be counted. Only a user's main account will be eligible for the event. Institutional accounts are ineligible for the event.
4. The result of asset snapshots verification will not be updated on the users’ eligibility dashboard on the event page
5. The following actions will result in immediate disqualification: batch account registration, profits from market manipulation, self-dealing or wash trades.
6. Users are only eligible to participate with a single account. If we detect multiple accounts with the same IP addresses or UIDs, all offending accounts will be disqualified.
7. In order to prevent malicious actions, we will make a review over participant activity using our internal AI system before reward distribution.
8. Phemex reserves the right to make any final and binding amendments to these rules.