Gate Perp DEX —— The King of Long and Short Personal Peak Competition, win rich prize pool!

Event Overview

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To thank our users for their support of Gate Perp DEX, we are excited to launch the “King of Long and Short Personal Peak Competition” — a trading competition purely determined by individual trading skills! Whether you are a bullish player or a bearish hunter, as long as you complete profitable trades during the event period, you will have the opportunity to compete for a generous prize pool. You just need to rely on your personal strength to defeat other participants and earn the title of the strongest “King of Long and Short”!

The core metric of the event is “Long and Short Points”. By participating in trading and accumulating Long and Short Points, you will climb the event leaderboard and ultimately compete for a range of rewards. Whether you are a bull or a bear in the market, showcase your personal trading skills and go all out to challenge the prize pool!

How to Participate in the King of Long and Short Personal Peak Competition

Participation conditions: Simply connect your wallet and click the “Participate Now” button on the event page to join the activity. The event runs from November 27, 2025, 19:00 (UTC+8 to December 25, 2025, 19:00 )UTC+8.

Long and Short Points Rules: During the event period, users can earn points by completing profitable closing trades on Gate Perp DEX, and the final ranking will be based on “Long and Short Points.”

Point calculation for each transaction: Long profit: Direction coefficient +1; Short profit: Direction coefficient -1

The total user points are the sum of the points from all profitable trades. Points being positive represent net gainers on the long side, while points being negative represent net gainers on the short side.

Points Rules and Reward Settings

“King of Long and Short” Comprehensive Ranking: Rankings are based on the total points accumulated during the event period, with the following rewards:

• 1st Place: 8,000 USDT
• 2nd Place: 4,000 USDT
• 3rd place: 3,000 USDT
• 4th to 10th place: 1,000 USDT per person
• Rank 11–30: 500 USDT per person

“Direction Star” Special List:

• Bull Star List: Based on positive points ranking, the rewards are as follows: 1st place: 1,000 USDT; 2nd–5th places: 300 USDT each.
• Short Selling Star Ranking: Based on negative points ranking, the rewards are as follows: 1st place: 1,000 USDT; 2nd–5th places: 300 USDT each.

Lucky Participation Prize: Users who complete at least three profitable trades will automatically enter a random draw pool, and 200 lucky users will receive a reward of 30 USDT.

Invite Friends to Earn Bonus Rewards

• Invitation Reward: Participants can invite friends to join the event through a dedicated invitation link. If a friend successfully registers and completes at least one profitable trade, it is considered a valid invitation. For each valid friend invited, the inviter will receive 5 USDT, and for a total of 5 valid friends invited, an additional reward of 25 USDT will be granted.
• Invitation leaderboard rewards: Users ranked in the top 10 for the number of invitations will receive additional rewards of 60 USDT each.

Event Rules and Notes

• Event Registration: Users must click the “Participate Now” button on the event page to register, and complete identity verification after registration to receive rewards.
• Multiple account restrictions:

To ensure fairness of the event, each IP address can only be associated with a limited number of wallets during the event. If an abnormal number of account behaviors are detected, their eligibility to participate will be canceled.

• Reward Distribution:

All rewards will be distributed uniformly within 14 working days after the event ends.

• Penalties for Violations:

For users who participate in activities through violations such as manipulating transactions, wash trading, and matched orders, the platform will cancel their eligibility and rewards.

Summary and Outlook

The “King of Long and Short Personal Peak Competition” is an excellent opportunity for all traders to showcase their trading skills and compete for generous cash rewards. By earning long and short points, you can not only improve your trading level but also win exclusive rewards and challenge the peaks of the market! Furthermore, by inviting friends to participate in the event, you can also receive additional rewards and bonus incentives, truly achieving both trading and sharing.

Through this event, Gate Perp DEX aims to provide users with a more diverse and challenging trading experience, promoting the prosperity and development of the decentralized derivatives market. Come join us and become the “King of Long and Short”!

Original link: https://www.gate.com/learn/articles/gate-perp-dex-long-short-king-solo-championship-with-massive-prize-pool