Swaps Trading Competition
Fourteen-day swaps contest ranked by swap-market PnL multiplied by the square root of swap volume.
Competitions, points programs and ongoing incentives. Get the conditions before you get involved.
Fourteen-day swaps contest ranked by swap-market PnL multiplied by the square root of swap volume.
Two-week RWA contest. Score equals PnL multiplied by the fourth root of weighted volume times time-weighted open interest.
Weekly scoring combines trading, positions, Aster assets, liquidation and PnL components, with team and referral adjustments. The exact weights are undisclosed.
Eligible trading, liquidity, referrals and other contributions may receive points. Distributions are weekly, capped at 600,000 points; the cap is not a guaranteed weekly allocation.
Resting limit orders can qualify; each incentivized market sets minimum size, maximum spread and its reward allocation. Rewards go to maker addresses daily at midnight UTC, with a $1 minimum payout. Scoring rewards tighter spreads and balanced liquidity.
Initial phase: one million points weekly from November 1, 2023 for six months. L1 phase: 700,000 points weekly, starting May 29, 2024 and ending November 2024.
Eligible activity earns points in real time, plus a weekly distribution on Fridays. The official page identifies the first weekly distribution as Friday August 21 but does not print a year.