The Elite Circle Showdown is a high-stakes copy trading competition hosted on OKX, designed for experienced traders looking to prove their skills, grow their influence, and earn a share of a 50,000 USDT prize pool. Whether you're a seasoned lead trader or an ambitious newcomer aiming to climb the ranks, this event offers a unique opportunity to showcase your strategy, transparency, and consistency in real market conditions.
With clear eligibility rules, transparent P&L calculations, and daily leaderboard updates, the campaign emphasizes fairness and performance-based rewards. Below, we break down everything you need to know—from registration and qualification criteria to scoring mechanics and risk considerations.
🔹 Campaign Timeline & Registration
The Elite Circle Showdown runs from August 21, 00:00 (GMT+8) to September 30, 23:59 (GMT+8). During this time, participants must meet asset and trading volume requirements to qualify for rewards.
- Registration Period: August 21 – September 28, 23:59 (GMT+8)
- P&L Measurement Period: Begins when a user first meets the 10,000 USDT account balance requirement and continues until the campaign ends.
👉 Join the Elite Circle Showdown and start building your trading legacy today.
🔹 Who Can Participate?
To be eligible, traders must meet several key criteria:
- Complete KYC Level 2 verification on OKX.
- Be an approved lead trader in either futures, spot, or bot trading (signal bots excluded).
- Click the "Join now" button on the campaign page—your status must show as "Enrolled".
- Operate from a supported jurisdiction—users from restricted regions (as per OKX’s Terms of Use) cannot participate.
- Only main accounts are eligible; sub-accounts do not qualify, and their activity won’t count toward rewards.
Each user can only participate in one OKX campaign at a time. If multiple campaigns are joined, only the most recently registered one will be considered for rewards.
🔹 How to Qualify for Prizes
Two main conditions must be met during the campaign period:
✅ Asset Requirement
Your main trading account must reach a balance of at least 10,000 USDT at any point. Once this threshold is hit, your personal P&L Period begins and continues until the campaign ends.
✅ Trading Volume Requirement
You must generate a combined lead trading volume of 10,000 USDT or more across:
- USDT perpetual swap contracts
- Spot trading pairs
Only trades made with your own funds count—platform incentives like rebate cards or vouchers are excluded.
⚠️ Note: If fewer than 100 qualified participants join, the competition will be canceled.
🔹 How Your Performance Is Measured
Your ranking is based on Profit and Loss (P&L) from eligible lead trades. The formula used is:
P&L = (Final Unrealized P&L + Realized P&L) – Initial Unrealized P&L
Here’s what each term means:
- Unrealized P&L: Value of open USDT perpetual and spot lead trades at the end of your P&L Period.
- Realized P&L: Net profit/loss from closed lead trades during your P&L Period.
- Initial Unrealized P&L: Value of open lead trades at the moment you first meet the 10,000 USDT balance requirement.
Only lead trading activities in USDT-denominated pairs are counted. Copy trading by followers does not impact your score.
🔹 Prize Distribution & Reward Rules
The total prize pool is capped at 50,000 USDT, distributed based on final leaderboard rankings:
- Rank 1: 30% of prize pool
- Ranks 2–3: 20% shared
- Ranks 4–7: 15% shared
- Ranks 8–10: 15% shared
- Ranks 11–100: 20% shared
Each participant contributes to unlocking the prize pool through their lead trading volume. However, to ensure fair distribution:
- A single user can contribute a maximum of 1,000,000 USDT toward prize pool unlocking—preventing dominance by high-volume traders.
Leaderboard updates occur daily, allowing participants to track progress in near real-time (note: data may have slight delays).
Rewards will be distributed within 30 working days after the campaign ends. OKX reserves the right to delay issuance for compliance checks or risk reviews.
🔹 Fair Play & Compliance
OKX actively monitors for suspicious behavior to maintain integrity. Prohibited actions include:
- Creating multiple accounts
- Using fake KYC or third-party information
- Wash trading or inflating volume artificially
- Violating local laws or OKX’s Terms of Use
Any detected misconduct results in immediate disqualification. OKX also reserves the right to exclude participants at its discretion and modify campaign rules without notice.
🔹 Risk Disclosure & Important Notes
Digital assets are highly volatile and speculative. By participating:
- You acknowledge that investment values can fluctuate rapidly.
- Past performance does not guarantee future results.
- You are solely responsible for tax obligations and fees related to prize receipt.
- Prize value may change between qualification and distribution due to market movements.
This campaign is not financial advice. Always assess your risk tolerance and consult a professional before making investment decisions.
👉 Maximize your edge—start trading with confidence on a secure platform.
🔹 Frequently Asked Questions (FAQ)
Q: What happens if I don’t meet the 10,000 USDT balance requirement?
A: You won’t enter the P&L Period, and your trading activity won’t be scored. The asset threshold must be reached at least once during the campaign.
Q: Can I join after September 28?
A: No. Registration closes on September 28 at 23:59 (GMT+8). Late entries are not accepted.
Q: Do copy traders’ volumes count toward my total?
A: No. Only your personal lead trading volume in spot and futures counts toward qualification and prize pool unlocking.
Q: Will my personal data be public?
A: By joining, you consent to display of your OKX UID, P&L, email address, and rank on the public leaderboard. Contact support to withdraw consent.
Q: Are stablecoin rewards guaranteed in value?
A: No. While rewards are denominated in USDT, their market value may fluctuate over time. OKX is not liable for such changes.
Q: What if I’m from a restricted country?
A: Users from jurisdictions listed in OKX’s Terms of Use (Section 2.2) cannot participate. Eligibility depends on verified account details.
🔹 Final Thoughts
The Elite Circle Showdown isn’t just about winning—it’s about proving consistency, transparency, and strategic excellence in live markets. With a structured scoring system, daily tracking, and a substantial reward pool, it's an ideal platform for lead traders to gain visibility and credibility.
Whether you're aiming for the top 10 or striving to outperform peers in the long tail of the leaderboard, every trade counts.
👉 Don’t miss your chance—step into the spotlight and compete among the best.
OKX reserves the right to amend rules, disqualify users, or cancel the event at any time. Full terms apply.