For premium services and better liquidity, Gate.io is now launching the Market Maker Trading Contest for a chance to win $160,000 Points. In the meantime, Gate.io is also starting to recruit market makers from all over the world and sincerely welcome all talented trading strategy teams to join them.
This contest will be included Spot, BTC-margin &USDT-margrin perpetual contract, delivery perpetual contract arena. Every arena will have 2 independent prize pool of 20,000 Points. The total prize pool is $160,000 Points.
The host will take random snapshots of every minute from 08:00:00-07:59:59 the next day. 2 parameters as below should be maintained both for getting your score in every minute.
Average Spread= (Your Best Ask-Your Best Bid)/[(Best Ask + Best Bid)/2] ＜ the required spread
Min (total buy orders within spread, total sell orders within spread)> min required order size
Daily Composite MM score=∑(Single pair score*Pair Weight)/Numbers of participating pairs + Numbers of qualified pairs*0.1
Prize Pool B will be rank according to their trading volume, and all trading volumes will be converted into USDT at the closing price of the day on the gate.io.