# Whalecome to Demex

In light of the recent events affecting the Kujira community, Demex extends its support with a special promotion designed to help Kujira holders.&#x20;

## Promotion Details

Get $20 USDC when you register for our ongoing [Cosmos Trading Competition](https://app.dem.exchange/rewards/cosmos-trading-competition) and get up to $80 loss refund on your first [perp trade](https://app.dem.exchange/trade/BTC-PERP).

### Rewards

* **$20 USDC**: Credited to your account at the end of the competition if you meet the criteria.
* **Up to $80 Loss Refund**: Applied to your first trade to help mitigate potential losses.

**Eligibility**:

* Join the Kujira Crew in the [Cosmos trading competition](https://app.dem.exchange/rewards/cosmos-trading-competition) by [lending 90 KUJI or ampKUJI](https://app.dem.exchange/nitron/lend/kuji.kujira)
* Trade at least $1,000 of perp volume on [any market](https://app.dem.exchange/trade/BTC-PERP)

### How to Participate

1. **Deposit KUJI**: Ensure you have KUJI tokens deposited on Demex, [click here to deposit](https://app.dem.exchange/account/balance/deposit/ibc/662914D0C1CEBCB070C68F061D035E8B10A07C79AB286E7342C85F3BE74612C5).
2. **Join the Cosmos Trading Competition**: Register in the ongoing [Cosmos trading competition](https://app.dem.exchange/rewards/cosmos-trading-competition).
3. **Trade**: [Trade](https://app.dem.exchange/trade/BTC-PERP) at least $1,000 of volume on any perp market during the competition period.

### More Incentives Coming Soon

Stay tuned for additional incentives for the Kujira community.

### Terms & Conditions

* Offer is valid from 02/08/2024 at 10AM UTC&#x20;
* Limited to the first 100 users who meet the criteria
* In order to qualify, user needs to register before the end of the [cosmos trading competition](https://app.dem.exchange/rewards/cosmos-trading-competition)&#x20;
* Users found to be engaging in activities that Demex, in its sole discretion, determines to be abusive, fraudulent, or violating the spirit of the offer, may be disqualified from the promotion. This includes, but is not limited to: Creating multiple accounts to gain additional benefits. Engaging in wash trading, market manipulation, or any other activity that unfairly benefits from the promotion, using the platform in a manner that is not consistent with the terms and conditions of Demex.
* Standard T\&C of the [Cosmos Trading Competition](https://guide.dem.exchange/demex-rewards/cosmos-trading-competition) applies.


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