Update
Extended's Trading Competition Week 1 Results
Extended's trading competition generated $1.07 billion in its first week, with gold markets leading at $142.6 million. The competition had 3,613 active traders and 200 first-time users. The top markets were BTC at $358.8 million, gold (XAU) at $142.6 million, and ETH at $99.5 million. RWA markets accounted for 24.8% of the volume. The score is based on PnL times weighted volume and open interest, with a net loss scoring below zero and more volume worsening the score. Cash prizes are awarded to the top 500 traders, with 750,000 Xpoints distributed based on trader activity.