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The RWA Challenge — 100,000 LIT Prize Pool

Trade RWA markets on Lighter and compete across two leaderboards for a prize pool of 100,000 LIT.

How to join
- Trade on a new subaccount or rename one
- Eligible sub accounts must have this name under it: lighter-comp-12
- Minimum account balance: $500
- Open to all traders

Eligible markets
All RWA markets
Pre-IPO markets earn a 5× multiplier on their volume/OI contribution.

Two leaderboards, two ways to win
Each leaderboard has its own 50,000 USDC pool:
ROI Leaderboard — Score = ROI × √(√(OI × Volume))
PnL Leaderboard — Score = PnL × √(√(OI × Volume))

🏆 Prizes (per leaderboard, 50,000 LIT each)
🥇 1st: 10,000 LIT
🥈 2nd: 5,000 LIT
🥉 3rd: 2,500 LIT
4th–10th: 1,250 LIT each
11th–25th: 750 LIT each
26th–50th: 250 LIT each
51st–100th: 125 LIT each

Competition window
Starts: Wednesday, June 10 at 11:59 PM UTC
Ends: Wednesday, June 24 at 11:59 PM UTC

Updates
Leaderboards update hourly
Average OI calculated every 24 hours