The Perps V3 Testnet Trading Competition on Base is Live

Synthetix -

1. Kick-off: The Perps V3 Testnet Trading Competition has officially begun. It started on October 2nd, at 5 pm UTC, and will conclude on October 23rd at midnight UTC.

2. Trading Platforms: You can participate in the competition via Kwenta or Polynomial perps v3 interfaces. Don’t forget to connect to the Base Goerli Testnet for trading.

3. Leaderboard: For real-time competition standings, visit this link.

4. Prize Allocation: The rewards structure stands as follows:

  • 1st place: $5,000 SNX + 5 Kwenta tokens
  • 2nd place: $2,500 SNX + 4 Kwenta tokens
  • 3rd place: $1,000 SNX + 3 Kwenta tokens
  • 4th - 5th place: $500 SNX + 2-1 Kwenta tokens respectively
  • 6th - 10th place: $500 SNX each

5. Whitelisted Participants: See if you’re part of the chosen pool to participate in this competition here.

6. Competition Rules: Transferring balances between wallets or trading accounts is prohibited and will lead to disqualification. Trading is allowed at any time within the competition period.

7. Report Bugs: Notice any glitches? Report bugs on the Synthetix Discord in the #v3-bug-report channel or your respective frontend integrator.

8. Bug Bounties: Bug bounty prizes are awarded based on severity for smart contract and webapp bugs, as outlined on Immunefi. Rewards range from $10,000 to $1,000 for smart contract bugs, and $300-$1000 for webapp bugs. Note that payouts for reported bugs from the testnet competition are not the same rate as payouts listed in Immunefi for live contracts.

9. Questions? Stay in touch through the Synthetix Discord and Twitter.

10. More Details: To delve into more detailed information about the competition, check out the original blog post here.

Let the trading commence!