Gate.io Market-Maker Trading Contest

Detailed information 

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.

• Pool A will be distributed to the top 20 teams according to the team's score of their performance (details as below).
• Pool B will be distributed to the top 20 teams according to the team's trading volume.

Also, the top 3 teams in every pool A will also enjoy a premium VIP level reward. Spot, details as follows:



Rules of Prize Pool A:

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

Rules of Prize Pool B:

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.

Notice：

• Participating in 8 prize pools at the same time is allowed.
• If the user's award level is the same as the original VIP level, 60 days will be added to the original basis.
• For API related issues, please email us via [email protected].
• Points can be used for the deduction of the trading fee; 1 Points= $1 value of the trading fee. Points are non-transferable.
• If the number of teams in a certain prize pool is no more than 10, a single team's award is no more than 5,000 points.
• The winner's team can convert the point card into equivalent GT at a discount of 80% as needed;
• Gate.io reserves the right of interpretation of the contest.