Vest Exchange

Testnet v1 Trading Competition

For this competition we will be limiting trading to the GMX-Perp so that we can strategically test our pricing and funding mechanism. GMX has an extremely popular token which has been performing strongly recently, so we think it’s a great way to show our ability to list the long tail sustainably.
Our main objective here is to test the capacity of our exchange to handle extremely high volumes as well as ensure robust pricing for long-tail perpetuals.
Here's how the trading competition will work:
  • The trading competition will last 10 days.
  • The competition will be made available on ( and start on 2/21/2023 at 9:00 AM UTC and end on 3/3/2023 at 9:00 AM UTC
  • When the competition goes live, you will receive 6,900 testnet USDC to trade with.
  • The top 5 traders with the highest total profit relative to their volume will get to split 2000 USDC in rewards
    • 1st: 1000 USDC
    • 2nd: 400 USDC
    • 3rd, 4th and 5th: 200 USDC
Only Testnet Inspectoors will be able to access testnet and participate in the competition