How to Participant

prize-pool

Terms and Conditions

1. Users must register for the event to be eligible for rewards.
2. Only users who have completed KYC verification are eligible to receive the rewards.
3. This event has a total prize pool of 30,000 USDT, and rewards are first come, first served.
4. Inviter eligibility: must be an existing registered Phemex user. Invitee eligibility: must be a brand-new user who registers via the inviter's referral code/link and has never registered on Phemex before.
5. Valid referral definition: the invitee must first register through the inviter's exclusive referral code/link, then complete futures trading volume of >= 50 USDT. Both steps must be completed within the event period.
6. Once a valid referral is achieved, both the inviter and the invitee will each receive a 50 USDT Futures Position Voucher (5 x 10 USDT / 10x).
7. Additional invitee reward: after registration, the invitee will receive a 10 USDT Futures Bonus Voucher upon completing 200 USDT of futures trading volume.
8. Inviter cap: the inviter can earn up to 2,500 USDT in total (i.e., up to 50 valid referrals). No further rewards will be issued once this cap is reached.
9. Futures trading volume = the sum of the notional value of all executed orders (excluding fees); opening, closing, reducing positions, and liquidation trades are all counted toward trading volume. Spot trading is not counted.
10. Rewards will be distributed within 5 working days after the event ends. The Futures Bonus Voucher and Position Voucher will be valid for 7 days from the date of issuance.
11. Sub-accounts cannot participate in this event, and sub-account activity will be attributed to the main account. Market Makers and API traders are not eligible for this event.
12. Phemex reserves the right to disqualify any participants who engage in dishonest or abusive activities during the event, including self-referral (the inviter and invitee being the same person or related accounts sharing the same device, KYC, IP, or withdrawal address), bulk-account registrations to farm additional bonuses, self-trading to inflate volume, and any other activities in connection with unlawful, fraudulent or harmful purposes.
13. Phemex reserves the right to modify the terms of this event without notifying users in advance.