Ash December Trading Competition

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The Ash December Trading Competition is an exciting opportunity for traders to test their skills, maximize returns, and compete for a share of the dynamic prize pool. Designed for active crypto traders on OKX, this event rewards performance, strategy, and consistency in USDT perpetual swap trading. Whether you're a seasoned trader or stepping into competitive trading for the first time, this guide breaks down everything you need to know—from eligibility criteria and calculation methods to tips for optimizing your performance.

To ensure your participation counts, it’s essential to understand the rules, requirements, and nuances of the competition. Let’s dive into the details.

🔐 How to Participate: Key Steps

Before placing your first trade, make sure you complete these critical steps:

  1. Click "Join Now" and Confirm Enrollment
    Simply clicking the button isn’t enough—wait until it changes to "Enrolled". This confirms your registration is successful. Failure to see this status means your trades won’t be tracked.
  2. Complete KYC Verification
    Only users who have passed identity verification on OKX can join and claim rewards. If you haven’t completed KYC, do so before the competition begins.
  3. Use Your Own Funds Only
    Trades made using platform perks—such as rebate cards, contract vouchers, or fee waivers—will not count toward your trading volume or P&L calculations.

👉 Join the Ash December Trading Competition today and start building your edge

📊 Eligibility Requirements

To qualify for ranking and rewards, participants must meet two core conditions:

✅ Asset Qualification Criteria

At the start of the competition, your trading account must have USDT equity ≥ 1,000 USDT. This equity level determines whether you’re included in the prize pool calculation.

Note: “Equity” includes your available balance plus unrealized profits/losses from open positions.

✅ Trading Volume Requirement

During the competition period, you must achieve a minimum trading volume of 10,000 USDT in USDT Perpetual Contracts. This volume must come from eligible trades using your own capital.

⚠️ If either condition is unmet, your score will be invalid and excluded from the leaderboard.

Additionally:

🧮 Understanding the P&L% Calculation Formula

Your ranking is determined by Profit & Loss Percentage (P&L%), which levels the playing field between traders with different account sizes. Here's how it works:

📌 Core Formula

P&L% = P&L / (Initial Equity + Total Deposit Amount) × 100%

Let’s break down each component:

1. P&L (Profit and Loss)

P&L = Unrealized P&L + Realized P&L - Initial Unrealized P&L

This ensures only gains made during the event are counted.

2. Initial Equity

This is your USDT balance in the main trading account during the first 5 minutes of the P&L period. Withdrawals or losses during the event won’t affect this value—it’s locked in at the beginning.

3. Total Deposit Amount

Includes:

💡 Important: Even if you withdraw funds later, all deposits during the period are included in the denominator.

🔄 Special Rule: The P&L% Calculation Base

If your (Initial Equity + Total Deposits) is less than 1,000 USDT, OKX uses 1,000 USDT as the base for calculating your P&L%, ensuring fair minimum standards across competitors.

Real Examples:

Example 1: Below Threshold, No Deposit

Despite ending above 1,000 USDT, since initial + deposits = 360 < 1,000:
→ P&L% = (700 / 1,000) × 100% = 70%

Example 2: Above Threshold with Deposit

Now above threshold → P&L% = (700 / 1,060) × 100% ≈ 66.04%

Example 3: Fails Asset Qualification

Even though P&L% would use 1,000 as base (giving 70%), this user does NOT qualify because final equity < 1,000. They must deposit at least 100 more USDT to become eligible.

🛠️ Only USDT Perpetual Swaps Count

Only trades in USDT-margined perpetual swap contracts contribute to your volume and performance metrics. Other products like:

…are not eligible.

Also remember:

👉 Start trading eligible pairs now and boost your competition standing

❓ Frequently Asked Questions (FAQ)

Q1: Can I join after the competition starts?

Yes, you can enroll anytime during the event window. However, “Initial Equity” and “Initial Unrealized P&L” will be recorded based on your account state when you join—not at the official start time.

Q2: Do I need to stay above 1,000 USDT throughout the event?

You must meet or exceed 1,000 USDT at the start of the competition (based on your equity when you join). Temporary drops below this level later won’t disqualify you—but your final equity must still meet the threshold to claim rewards.

Q3: Are team trades allowed?

No. This is an individual competition. Each participant competes under their own account. Coordinated trading across multiple accounts may lead to disqualification.

Q4: How is data updated? Is it real-time?

Data shown on leaderboards has a delay and is not real-time. If your stats aren’t updating immediately, wait a few minutes and refresh the page.

Q5: What happens if fewer than 10 people qualify?

If fewer than 10 participants meet all criteria by the end of the event, the competition will be canceled and no prizes distributed.

Q6: Can I withdraw funds during the competition?

Yes—but remember: withdrawals don’t reduce your “Initial Equity” or “Total Deposit Amount” used in P&L% calculations. However, withdrawing too much may drop your equity below 1,000 USDT and risk disqualification.

🏆 Maximize Your Chances to Win

Success in this competition isn’t just about volume—it’s about efficient growth. Consider these strategies:

👉 Access advanced trading tools and improve your strategy today

Final Thoughts

The Ash December Trading Competition offers a structured, transparent way to showcase your trading talent while competing against a global community. With clear rules, a fair scoring system based on percentage returns, and a focus on real trading skill, it's an ideal platform to push your limits and potentially earn meaningful rewards.

Just remember:
✅ Complete KYC
✅ Click “Join Now” until it shows “Enrolled”
✅ Maintain ≥1,000 USDT equity at start
✅ Trade ≥10,000 USDT volume in eligible contracts
✅ Use only personal funds

Now that you know how it works—take action.

Stay sharp. Trade smart. Compete boldly.