Gate Perp DEX — Long and Short King Personal Tournament Kicks Off, $10,000 Prize Pool Awaits!

Event Overview

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To thank our Gate Perp DEX community for their ongoing support, we are introducing the “King of Long and Short: Individual Peak Competition”—a contest centered on individual trading performance. Whether you thrive in bull markets or excel in bear markets, this platform lets you showcase your trading expertise. Compete for substantial prize pools based on your personal Long and Short Points, and test your limits in pursuit of trading excellence.

The event features significant cash rewards and multiple prize categories designed to meet diverse user needs. You can also earn additional bonuses by inviting friends to participate.

How to Participate in the “King of Long and Short: Individual Peak Competition”?

• Eligibility: All Gate users can participate by connecting their wallet and clicking the “Join Now” button on the event page. The event runs from November 27, 2025, 11:00 UTC to December 25, 2025, 11:00 UTC.
• Long and Short Points: During the event, every profitable closed trade on Gate Perp DEX will be tracked and used to calculate your individual Long and Short Points. Your final ranking and prize pool allocation will be determined by your total points.
• Points Calculation: Points per trade = Net profit per trade (USDT) × Direction Coefficient. Bullish profit: Direction Coefficient +1; Bearish profit: Direction Coefficient -1. Your total points are the sum of all profitable trade points. A positive total means you are a net bull; a negative total means you are a net bear.

Points Rules and Reward Structure

“King of Long and Short” Overall Leaderboard: Ranked by total points (positive for bulls, negative for bears) from highest to lowest. Rewards are as follows:

• 1st Place: 8,000 USDT
• 2nd Place: 4,000 USDT
• 3rd Place: 3,000 USDT
• 4th–10th Places: 1,000 USDT each
• 11th–30th Places: 500 USDT each

“Direction Star” Special Leaderboard: Bull Star Leaderboard—ranked by positive points

• 1st Place: 1,000 USDT
• 2nd–5th Places: 300 USDT each

Bear Star Leaderboard—ranked by negative points

• 1st Place: 1,000 USDT
• 2nd–5th Places: 300 USDT each

Lucky Participation Prize: Users who complete at least three profitable trades will automatically be entered into a random drawing. 200 eligible users will be randomly selected, each receiving 30 USDT.

Invite Friends for Bonus Rewards

• Invitation Bonus: Users can claim a unique invitation link from the event page to invite friends. If a friend registers via the link and completes at least one profitable trade, the invitation counts as an eligible invitation. For each eligible invitation, you earn 5 USDT; after successfully inviting five eligible friends, you receive an extra 25 USDT bonus.
• Invitation Leaderboard Rewards: Users who rank in the top 10 for eligible invitations during the event receive an additional 60 USDT. More eligible invitations result in greater rewards.

Event Rules and Important Notices

• Registration: Participants must click the “Join Now” button on the event page, complete registration, and verify their identity to be eligible for rewards.
• Multiple Account Restrictions: To ensure fairness, the platform will strictly monitor the number of wallets linked to a single IP during the event. Abnormal multiple account activity will be considered a violation and result in disqualification.
• Reward Distribution: All rewards will be distributed within 14 business days after the event concludes. Airdrop rewards may be combined, but each participant may claim only the highest-value airdrop reward during the event.
• Violation Penalties: Manipulation of trades, Wash Trading, or other prohibited behavior will result in disqualification and forfeiture of rewards at the platform’s discretion.

Summary and Outlook

The “King of Long and Short: Individual Peak Competition” offers an outstanding opportunity to demonstrate your trading abilities. Whether you are a newcomer or a seasoned trader, you can find your place in this event. Participate to sharpen your trading skills, earn rewards, and enhance your experience.

As Gate Perp DEX continues to innovate and evolve, more engaging and challenging events will be provided to drive the growth of the decentralized derivatives trading market. Join now to showcase your trading talent and compete for top prizes!