The first-ever trading competition has officially concluded! 🏁
Based on total eligible volume, a $14,500 prize pool will be distributed.

🎉 Congratulations to all participants and a special shoutout to the Top 10 winners, who will be receiving their share of USDC directly in their Hypercore wallets within the next 24 hours.

We have over 200 Participants and since this is the first ever competition, we will be gifting $50 EACH to participants ranked 11 to 20.

Stay tuned for the next round. Refer to the ROI Methodology below

ROI Methodology

Our system calculates a time-weighted average account value to prevent competition gaming. Here's how:

1. Collects account snapshots from user registration through competition end using Hyperliquid's portfolio API
2. Calculates time-weighted average by measuring how long the account stayed at each value level
3. Uses the formula: ROI = (PnL / Time-Weighted Average) × 100

This prevents traders from:
- Depositing large amounts right before snapshot times
- Gaming with tiny starting balance
- Withdrawing funds strategically to inflate percentages

Link to X