The Ash April Trading Competition is a high-energy, performance-driven event designed for active traders who want to showcase their skills in the fast-paced world of digital asset trading. Hosted on OKX, this competition rewards participants based on real trading performance in USDT perpetual swap markets. With a dynamic prize pool and clear evaluation criteria, it’s an ideal opportunity for traders to test their strategies, climb the leaderboard, and earn substantial rewards.
To ensure fairness and transparency, the competition follows a structured framework covering eligibility, performance calculation, and reward distribution. Below is a comprehensive breakdown of everything you need to know before joining.
How to Participate
Participation in the Ash April Trading Competition is straightforward—but requires attention to detail.
👉 Join the Ash April Trading Competition and prove your trading edge today.
- Click "Join Now": Users must actively click the “Join now” button on the campaign page. The button should change to “Enrolled” to confirm successful registration. Failure to complete this step will result in invalid participation, even if trades are executed.
- Complete KYC Verification: Only users who have completed identity verification (KYC) on OKX are eligible to join and claim rewards. This ensures compliance and security across all participants.
- Use Eligible Funds: Trades made using platform rewards such as rebate cards, contract vouchers, or transaction fee waivers will not count toward your trading volume or performance metrics. Only trades executed with your own funds qualify.
- Understand Data Delays: All data displayed on the competition page—including trading volume, P&L, and leaderboard rankings—is subject to delay. If information appears outdated, wait a few minutes and refresh the page for updated results.
Eligibility Criteria
To be considered a qualified participant, two key conditions must be met: asset qualification and trading volume.
Asset Qualification Requirement
At the start of the competition, your trading account must have a USDT equity of at least 1,000 USDT. This threshold serves two purposes:
- Determines eligibility for inclusion in the prize pool calculation.
- Acts as the baseline for P&L percentage computation if your initial equity is below the threshold.
Your USDT equity includes your balance and open position values denominated in USDT at the beginning of the P&L period.
Trading Volume Requirement
During the competition period, you must achieve a minimum trading volume of 10,000 USDT in USDT perpetual swap contracts. This volume is calculated based solely on trades made with your own capital—excluding any activity funded by OKX rewards or promotions.
Failure to meet this volume threshold will disqualify your score, and you will be excluded from the official leaderboard.
Minimum Participation Threshold
The competition will only proceed if at least 10 qualified participants enroll and meet all criteria. If fewer than 10 users qualify, the event may be canceled or rescheduled.
Performance Calculation: How Winners Are Determined
Winners are ranked based on their P&L% (Profit and Loss Percentage), which reflects efficiency and profitability relative to their capital base.
Core Formula
P&L% = P&L / (Initial Equity + Total Deposit Amount) × 100%
Where:
- P&L = Unrealised P&L + Realised P&L – Initial Unrealised P&L
- Initial Equity: The USDT balance in your main trading account during the first 5 minutes of the P&L period.
Total Deposit Amount: Includes:
- USDT transferred from non-trading accounts to your main trading account.
- USDT earned via spot trades within the main account.
- USDT obtained through Convert functionality.
- USDT received from contract vouchers (though voucher-funded trades don’t count toward volume).
Withdrawals during the competition do not affect Initial Equity or Total Deposit calculations.
Special Rule: P&L% Calculation Base
If your (Initial Equity + Total Deposits) is less than 1,000 USDT, the system uses 1,000 USDT as the denominator for P&L% calculation—this encourages smaller accounts to compete fairly.
Example Scenarios
- User A starts with 360 USDT, makes no deposits, and earns 700 USDT in P&L. Their equity reaches 1,060 USDT (qualifying). However, since their starting + deposit amount is below 1,000 USDT, P&L% is calculated as:
(700 / 1,000) × 100% = 70% - User B deposits 700 USDT into a 360 USDT starting balance (totaling 1,060 USDT). With same P&L:
(700 / 1,060) × 100% = 66.04%
This shows how larger deposits can dilute percentage returns—highlighting capital efficiency over raw profit.
- User C ends with only 900 USDT equity despite positive P&L. They fail to meet the 1,000 USDT threshold and must deposit at least 100 USDT more to qualify for rewards—even if their P&L% looks strong.
Only USDT Perpetual Swaps Count
Only trading activity in USDT-margined perpetual swap contracts contributes to your competition standing. Other markets—including coin-margined swaps, spot trading (unless generating USDT), and futures—are excluded.
👉 Start trading USDT perpetuals now and boost your competition standing.
Additionally:
- Trading volume must come from personal funds.
- Leverage used does not affect eligibility—only final P&L% matters.
- Multiple positions across different pairs are allowed as long as they fall under eligible contracts.
Frequently Asked Questions (FAQ)
Q: Can I join after the competition starts?
A: Yes, you can enroll at any time during the event window. However, your Initial Equity will be locked in based on your account balance within the first 5 minutes after enrollment.
Q: Do I need to maintain 1,000 USDT equity throughout the entire competition?
A: No. You only need to meet or exceed 1,000 USDT in equity at the beginning of the P&L period. Temporary drops below this level won’t disqualify you as long as you met the initial threshold.
Q: Are team trades combined for scoring?
A: While this version of the competition focuses on individual performance, team-based mechanics may be introduced in future editions. For now, each participant is scored independently.
Q: What happens if I withdraw funds during the competition?
A: Withdrawals do not impact your Initial Equity or Total Deposit Amount for calculation purposes. However, removing funds may reduce your trading capacity and potential returns.
Q: Is there a maximum leverage limit for eligible trades?
A: There is no enforced leverage cap. You may use any available leverage on USDT perpetuals, but higher risk may increase volatility in your P&L.
Q: When will winners be announced?
A: Results are typically finalized within 72 hours after the competition ends. Qualified participants will receive notifications via email and in-app messages.
Key Takeaways for Success
To maximize your chances of ranking high in the Ash April Trading Competition:
- Enroll early and confirm your status shows as “Enrolled.”
- Ensure KYC is completed before registration.
- Focus on consistent profitability rather than high-volume churn.
- Trade only eligible USDT perpetual pairs with your own capital.
- Monitor your P&L% closely and adjust strategy accordingly.
👉 Maximize your returns—enter the competition and trade with precision.
Final Notes
The Ash April Trading Competition emphasizes fairness, transparency, and skill-based outcomes. By setting clear benchmarks for asset size and trading volume, OKX creates a level playing field where both experienced traders and disciplined newcomers can thrive.
Whether you're aiming for top-tier rewards or simply testing your strategy under competitive conditions, this event offers valuable experience and potential gains—all within a secure and regulated environment.
Remember: every trade counts, but only those made under the rules will move you up the leaderboard. Prepare wisely, execute strategically, and let your performance speak for itself.
Core Keywords:
Ash April Trading Competition, USDT perpetual swap, trading volume requirement, P&L calculation, OKX trading event, profit and loss percentage, KYC verification, eligible trades