The derivatives agreement KTX.Finance launches Trading Competition 4, with a total prize pool of 50,000 USDT
ChainCatcher news, the centralized derivatives protocol KTX.Finance has announced the launch of Trading Competition 4, which will take place from August 16, 2023, to September 14, 2023, lasting for 30 days; the total prize pool for the competition is 50,000 USDT. The duration of Trading Competition 4 is three times that of Trading Competition 3, while its prize pool amount is 2.5 times that of Trading Competition 3.In terms of competition rules, traders will be ranked based on their trading points, which is essentially the same as Trading Competition 3, with the only change being the details of the $KTC multiplier. KTX.Finance will add a 0.5 multiplier for traders who had a total trading volume of no less than 10,000 USDT in Trading Competition 2 and Trading Competition 3, to further boost their trading points.It is reported that with the successful hosting of Trading Competition 2 and Trading Competition 3, KTX.Finance's total trading volume has risen to 178 million USD. Additionally, since July 19, 2023, the number of independent traders in KTX.Finance's BNB Chain DeFi ecosystem has increased to 2,810.