Perpetual Protocol Introduce Perpfect Game

Published on: 26.10.2021

The Perpfect Game, the trading competition for Perpetual Protocol V2 testnet, is a different kind of game. The addresses that can join the game are pre-selected and put into 10 different teams based on the value of the tokens each address holds on 10/22 (Sat.) at 21:00 (UTC+8).

To maximize your prize winnings, not only do you need to compete with other participants, but you should also recruit more competition participants. The entire prize pool is 200,000 PERP, over $3M.

The prize pool amount will be gradually unlocked as more people join the game. The unlock thresholds are shown below:

  • < 500 participants* = 50,000 PERP (~$750K, 25% unlocked)
  • > 1,000 participants = 100,000 PERP (~$1.5M ,50% unlocked)
  • > 2,500 participants = 150,000 PERP (~$2.25M 75% unlocked)
  • > 5,000 participants = 200,000 PERP (~$3M, 100% unlocked

The following are the goals and the tickets per goal for The Perpfect Game:

  • Made at least one trade: 1 ticket per person
  • Become a maker and collect at least 500 USDC tx fees: 2 tickets per person
  • Participants of the first team (ranked by adjusted realized PnL**) : 3 tickets per person
  • Participants of the second team (ranked by adjusted realized PnL): 2 tickets per person
  • Participants of the third team (ranked by adjusted realized PnL): 1 ticket per person
  • Top 5 traders ranked by realized PnL within the top three teams respectively: 14 tickets per person
  • Top 5 traders within the no. 4~10 team: 6 tickets per person
  • Report previously unknown bugs: 1 ticket per new bug (FCFS)

The game will start on 10/26 (Tue.) at 2:00 pm (UTC) and end on 11/2 (Tue.) at 2:00 pm (UTC).

ABOUT Perpetual Protocol
The core of Perpetual Protocol is the decentralized exchange (DEX), based on Ethereum and xDai

RESOURCES
Medium

Market Stats:
BTC Dominance: 58.23%(+0.29%/24h)
ETH Dominance: 12.95%(-0.15%/24h)
Defi Market Cap: $160.96B(+7.15%/24h)
Total Market Cap: $4197.07B(+2.09%/24h)
Total Trading Volume 24h: $220.74B(+13.23%/24h)
ETH Market Cap: $543.51B
Defi to ETH Ratio: 29.62%
Defi Dominance: 3.75%
Altcoin Market Cap: $1752.93B
Altcoin Volume 24h: $136.11B
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Active Cryptocurrencies: 9515
Active Market Pairs: 112595
Active Exchanges: 853
Total Exchanges: 11203
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ONE: 0.01$(-1.25%/1H)