Attention all traders! Drift is excited to announce the launch of a new perp market on Drift, MATIC-PERP! To celebrate we are giving away $2k in prizes to various traders in our active community.

Trade MATIC-PERP On DRIFT And WIN

Drift will run a 1-week competition where anyone in the Drift community has the opportunity to trade $500 to win $500! There will be 3 top prizes awarded as follows at the end of the competition period:

1. $500 USDC Reward to the Address with the Most Volume Traded
2. $500 USDC Reward to Two Users Selected at Random who traded MATIC-PERP

All entrants must trade a minimum notional amount of $500 USDC (combined volume across all trades).

An additional $500 USDC may also be given away throughout the week at random to one user who participates in the competition above and completes various tasks or challenges further announced in the discord. Join our discord to stay in the loop! 👾

How To Participate

Joining the competition is easy. Steps to enter:

1. Trade $MATIC-PERP during the competition period at app.drift.trade/matic-perp
2. Meet the minimum notional amount of $500 to qualify for the leaderboard
3. Check the leaderboard in real time to see where you stand!

That’s it!

Checking Your Position On The Leaderboard

Stay up to date with the standings by checking your position on the competition leaderboard.

Get Started!

Start trading $MATIC-PERP now to make your way to the top of the leaderboard at app.drift.trade/matic-perp.

Good luck and happy trading!

Rules

_{The $MATIC-PERP Trading Competition ("Competition") is subject to the Competition Terms and Conditions, these rules and any further rules or updates posted by Drift (together the ”Rules”).}

_{The Competition period will run from Mar 14, 2023 9pm UTC - Mar 21, 2023 9pm UTC ("Competition Period").}

_{Drift will determine the winners of the Competition in its absolute and sole discretion with no recourse for appeal. Violation of any Rules may result in disqualification from the Competition, Drift reserves the right to exercise absolute discretion in determining what constitutes prohibited behaviour.}

_{By participating in the Competition, all users agree that:}

1. _{Only wallets trading a minimum notional amount of $500 USDC on MATIC-PERP during the competition period will be eligible for participation in the Competition. Total volume on Drift throughout the trading competition must reach at least $10m to unlock the distribution of rewards.}
2. _{[Wash trading is strictly prohibited in the Competition. Any attempt to engage in wash trading or other fraudulent or deceptive practices will result in disqualification from the Competition. Drift reserve the right to exercise absolute discretion in determining what constitutes wash trading and/or any other prohibited behaviour.]}
3. _{Winners of each prize will be announced in the Discord via their wallet address. Winners will be required to reach out to the Drift team to provide further details to claim their prize. Receipt of any prize is conditional upon compliance with these Rules and Competition Terms and Conditions}
4. _{Receipt of any prize is conditional upon compliance with these Rules and Competition Terms and Conditions. The relevant prize will be transferred to the relevant winning participant based on the details provided by that winning participant. Please note that the winning prize will only be transferred upon receipt of all necessary documentation reasonably requested by Drift.}
5. _{The total pool of prizes that the participants together, will receive, as part of the Competition is $2000 USDC (the “Total Prizes”). The allocation breakdown for the Total Prizes available are set out on this page and is subject to Drift’s discretion.}
6. _{If for any reason the winner does not take the prize or an element of the prize at the time stipulated, then the prize or that element of the prize will be forfeited and will not be redeemable for cash. The prize, or any unused portion of the prize, is not transferable or exchangeable, unless otherwise specified.}
7. _{All taxes or costs associated with obtaining the prize are the winner’s sole responsibility.}