# Mantle Rush

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We're back with season 3 of the Mantle Trading League!

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Mantle Rush is a trading competition where users can compete from a prize pool of $10,000 USDC while experiencing seamless, CEX-like trading with all the benefits of decentralization.

### How To Play

#### Step 1: Register

Visit the [Mantle Trading League](http://app.dem.exchange/rewards/mantle-rush) page and click the "Register" button to participate in this event.

#### Step 2: Trade and Earn Points!

Once registered, start trading perpetuals to earn points! As this is the Mantle Trading League, you'll earn more points by trading on the [MNT-PERP](https://app.dem.exchange/trade/MNT-PERP) market.

For every **1 USD of trading volume (factoring in leverage)**, you will earn:

| Markets                                                         | Points |
| --------------------------------------------------------------- | ------ |
| [MNT Perpetual Market](https://app.dem.exchange/trade/MNT-PERP) | 3      |
| Other Perpetual Markets                                         | 1      |

***Pro-tip:***&#x20;

Leverage can help you reach higher trading volumes more easily. Use 10x leverage to open a $100 position.

#### Step 3: Climb the Leaderboard!

Monitor your progress on the leaderboard. The top 20 participants will win USDC from the $10,000 prize pool!

### Prize Pool Structure

A growing prize pool tied to the volume milestones will motivate participants to push higher trading volumes. Here's the prize pool structure based on milestones:

| Volume Milestone (Demex Total Volume) | Nominal Prize Pool ($USDC) |
| ------------------------------------- | -------------------------- |
| <50M                                  | $1,500                     |
| 50M - 100M                            | $2,000                     |
| 100M - 150M                           | $3,000                     |
| 150M - 500M                           | $7,000                     |
| >500M                                 | $10,000                    |
| **Maximum Prize Paid Out**            | **10,000 $USDC**           |

*Note: The prize pool grows with total trading volume on Demex during the competition period. The final prize pool will be determined by the highest volume milestone achieved during the event.*

The prize pool will be distributed based on final rankings:

#### Prize Distribution

| Rank  | Winners | Prize % | Individual Allocation |
| ----- | ------- | ------- | --------------------- |
| 1     | 1       | 30%     | 30%                   |
| 2     | 1       | 20%     | 20%                   |
| 3     | 1       | 12%     | 12%                   |
| 4     | 1       | 8%      | 8%                    |
| 5     | 1       | 7%      | 7%                    |
| 6     | 1       | 6%      | 6%                    |
| 7     | 1       | 5%      | 5%                    |
| 8     | 1       | 4%      | 4%                    |
| 9     | 1       | 2%      | 2%                    |
| 10    | 1       | 1%      | 1%                    |
| 11-15 | 5       | 3.33%   | 0.66%                 |
| 16-20 | 5       | 1.67%   | 0.33%                 |

### Additional Ways to Maximize Returns

#### 1. Nitron Borrowing Strategy

* Borrow USD on Nitron using your assets as collateral
* Use the borrowed USD to increase your trading position size
* Take advantage of special borrowing incentives during the competition

#### 2. Perpetual LP Strategy

* Provide liquidity to perp pools for passive earnings
* Create a delta-neutral position by trading and providing liquidity
* Offset potential trading losses with LP rewards
* Earn from the pool's profits when other traders lose

#### When are trades counted?

* Only trades executed after successful registration during the event period are counted
* Both opening and closing of positions must occur within the event duration

### Terms and Conditions

* Demex reserves all rights to final interpretation of event rules
* Event runs from 24 February - 26 March, 2025&#x20;
* Any wallets found washtrading will be disqualified from the campaign and ineligible from receiving rewards.&#x20;
* Users from [restricted regions](https://guide.dem.exchange/technical/terms-and-conditions#id-2.-restricted-locations) are ineligible
* Only registered trades during the event period count toward points
* Prizes will be distributed in USD within 90 days of event's end
* Terms may be modified to ensure fair participation

Ready to start trading? Register Now and join the Mantle Rush!