Compete in the SynFutures Trading Grand Prix!

SynFutures
SynFutures
Published in
3 min readMar 12, 2024

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With a $500K prize pool, the Grand Prix is the biggest trading competition in DeFi.

Following the launch of V3 on Blast and the start of the Oyster Odyssey, we’re revved to introduce the biggest DeFi trading competition to date, the SynFutures Trading Grand Prix (TGP)!

If you’ve seen the latest batch of traders to join the competition, you’ll know the competition is divided into two divisions: the Masters, a group of professional traders and degens hand-selected by our team, and the Open, for ALL SynFuturers.

Join the competition!

See the full rules and terms and conditions before getting started.

Overview

  • The total prize pool is 500,000 USDB: 250K for the Masters Game and 250K for the Open Game.
  • Winners will be announced weekly and awarded according to their ranking. A lucky draw will also take place each week.

In addition to the TGP, users can earn Blast points, Blast Gold, and SynFutures’ O_O points based on their trading volume, and for providing liquidity and referring friends! A breakdown of the rewards distribution can be found here.

Open Tournament (Open to everyone)

The competition will start on March 12, 2024, over two epochs.

  • Epoch 1 Start Date: March 12, 2024 8 am (UTC+0)
  • Epoch 1 End Date: April 9th, 2024 8 am (UTC +0)
  • Epoch 2 Start Date: April 9th, 2024 8 am (UTC+0)
  • Epoch 2 End Date: May 7th, 2024 8 am (UTC+0)

Note: These dates are tentative and subject to change.

How are the Rankings Determined for the Open Game?

Epoch 1’s tournament rankings will be based on absolute PNL by USDB value. See the rules for more details. Rankings in Epoch 2 will be based on total trading volume. Additionally, traders can also earn 50% of the points in of the Oyster Odyssey Epoch 2, now live!

Weekly Competition Prizes for the Open Game

  • 1st: 10,000 USDB
  • 2nd: 7,500 USDB
  • 3rd: 5000 USDB
  • 4th-5th: 1000 USDB
  • 6th-10th: 200 USDB
  • 11th-30th: 150 USDB
  • 31st-50th: 100 USDB
  • Lucky Draw for 8 winners: 8*100 USDB

How to Join the Open Game

Go to the TGP page at oyster.synfutures.com to get started. Good luck! We’ll see you at the end of the race! 🏎

For the official TGP Open rules, see this post.

The Masters Game (Invite only)

The TGP also features a Masters Tournament, which will take place during Epoch 1. Prominent members of the DeFi community and top trading firms will participate. This elite gathering underscores the competition’s significance, providing a stage for the best to showcase their strategies under the most dynamic of market conditions.

  • Start Date: March 12, 2024, 8 am (UTC+0)
  • End Date: April 9th, 2024, 8 am (UTC +0)

The Master players include

For more details on the Masters Game, please refer to this blog.

Watch the Masters rankings.

About SynFutures

SynFutures is a decentralized perpetual futures protocol that facilitates open and transparent trading on any assets and listings instantly. The V3 Oyster AMM launched the industry’s first-ever unified AMM and onchain order book model. Backed by top investors like Pantera, Polychain, Standard Crypto, Hashkey, and more, SynFutures has processed more than $23 billion in trading volume since its launch in 2021.

Learn more:

Website | YouTube | X | Discord | Telegram | Github

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