The introduction of the "O2 Score," a comprehensive evaluation of profitability, trading volume, and continuous participation, along with a daily lucky draw and special prizes for new users.
);)
During the competition, participants will compete in trading performance across various markets within the O2 platform, and rankings will be determined based on a composite indicator called the O2 Score, rather than simply trading volume.
The O2 Score is calculated by comprehensively evaluating trading volume share, realized profit and loss (PnL), market-specific boost weighting, and the Streak system, which reflects whether a trader has achieved a consistent daily trading volume. Profitable trades are weighted 1.25x PnL, emphasizing the importance of actual profit-generating ability over mere trading volume.
Additionally, the Theta Fuel (FUEL/USDC) market will receive a 1.5x boost, Ethereum (ETH/USDC) and Wrapped Bitcoin (wBTC/USDC) will receive a 1.2x boost, and Tether (USDT/USDC) will receive a 0.75x boost, meaning strategic market selection will directly impact performance.
A key element of this competition is the daily consecutive trading volume target system, which strongly rewards consistent participation. Reaching the daily target will grant a 30% daily boost. Successive achievements will grant a 60% Checkpoint Boost and a 120% Super Boost.
However, if you miss your target by even one day, the boost and super boost opportunities for that day will disappear immediately, so a continuous trading strategy is essential.
The "Daily Lucky Draw," held daily, is also attracting attention. One entry ticket is awarded for every $10,000 (KRW 14.35 million) in trading volume over a 24-hour period. Additional entries must meet a higher trading volume requirement. Three winners are selected daily at 2:00 AM, each receiving $50 (KRW 70,000) in USDC. Each user can only win once per day.
Additional performance-based rewards are also available. The top three daily profit leaders will receive up to $95 (KRW 140,000), $45 (KRW 60,000), and $30 (KRW 40,000), depending on the prize pool size. The highest-earning participant throughout the entire period will receive up to $450 (KRW 650,000) in USDC.
The user who achieves the highest ranking among new entrants will receive a $50 'Best New User Award', and the user with the highest maker trading volume will also receive a 'Best Maker' reward, which refunds 50% of the maker fee.
O2 stated that this First Lap Trading Competition will simultaneously evaluate both practical profit-generating capabilities and strategic trading, and that performance will depend not only on short-term trading but also on consistent participation and risk management.
Detailed information about the competition and real-time rankings can be found on the official O2 trading page.
Joohoon Choi joohoon@blockstreet.co.kr
