Ready to trade your way to the top? @modenetwork's Perp Trading Competition is your chance to showcase your skills, earn rewards, and help shape the future of perpetual trading within the ecosystem. Let's see the full details of the competitions 👇 1⃣ Perps DEX Explained Decentralized perpetual futures exchanges, aka perp DEXs, represents asset markets that evolved solely within the blockchain financial ecosystem and is not found in traditional finance. Perpetual futures are leveraged tools that do not have expiration dates— like traditional futures — and this makes them more efficient and intuitive. Perpetual Protocol offers the trading of perpetual futures on a decentralized exchange (DEX). Traders use Perpetual Protocol to increase their exposure to crypto assets, potentially reaping more profits at the risk of increased losses. 2⃣ Mode Perp Competition The Perp Trading Competition is a new initiative designed to kickstart the Perps trading ecosystem on Mode and bring the excitement of perpetual trading to the community. Users will be rewarded with a share of 5 million points (around 10% of daily point distribution) every day based on their transaction volumes across key pairs. You can join the competition on these DEXs and with these pairs: • @LogX_trade: BTC, ETH • @PRINT3Rxyz: BTC, ETH, MODE • @MorphexBMX: wBTC, ETH, weETH, MODE • @ModeMax_: WBTC, ETH, MODE • @Lynx_Protocol: Coming Soon! 3⃣ How To Get Started? The competition is already underway! Jump into the action and start trading today to claim your portion of the massive 5 million Mode points up for grabs daily. Mode will tally up your trades each day at 11:00 AM UTC, and you can check your updated Activity Points on your dashboard shortly after, around 11:05 AM UTC. Remember that the points you score during the competition are for the 2nd season of $MODE Airdrop! 4⃣ The End The Perp Trading Competition is your chance to dive in, rack up rewards, and help us grow the Perp scene. It doesn't matter if you're a trading pro or just getting started – this competition is all about maximizing your earnings while being an active part of the Mode community. So what are you waiting for? Let's make Perp Season a success! WAGMI! 🫡🟡