Arbitrum has initiated the distribution of rewards for its Alpha trading competition on December 27 at 11:00 (UTC+8). The competition features tokens such as VSN and LAVA, and participants who claim their rewards within 48 hours will receive an additional 5 Alpha points. On-chain data indicates an increase in trading volume during the event. Participants need to meet the criteria for either VSN or LAVA tokens to qualify for the rewards. The competition aims to incentivize trading activity on the Arbitrum platform, with the added bonus of extra points for prompt reward claims.