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Trading Competition Rewards Calculation

Earning Rewards

Traders earn rewards in our Trading Competition campaigns by trading manually or by using trading bots to place trades. Each hour, a specified trading cap is enforced to prevent a single trade from dominating the competition, and the final reward evaluation is conducted at the end of each day (UTC). Hummingbot Miner checks for eligible trades on the exchange using the read-only API keys connected to the platform.

You can earn rewards each day by meeting the following requirements:

  1. You have filled trades within the hourly cap on the participating trading pairs.

  2. Your read-only API keys from the exchange are connected to Hummingbot Miner.

Calculating Rewards

Every campaign has a weekly reward pool for each participating trading pair.

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All traders receive a share of the rewards, which are evaluated at the end of each day. The amount you earn depends on the following factors:

  1. The volume of your filled trades within the hourly trading cap.

  2. The duration you maintain filled trades throughout the day.

 

Here’s the sample table for the calculation of rewards for a day:

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Reward Calculation Table

  • In the sample table, you can see that User 5 has higher rewards than User 10, even though User 10 has a higher total volume. This is because the trading cap is applied per hour, resulting in a lower eligible volume for User 10.

  

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