# SparkDEX Eternal Perps Trading Competition

## Overview

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The **SparkDEX Eternal Perps Trading Competition** is a campaign designed to reward active perpetuals traders on the **Flare Network**.&#x20;

This initiative highlights SparkDEX Eternal’s high-performance perpetuals engine, offering real-time execution, deep liquidity, and transparent on-chain trading. Both new and experienced traders can participate by trading Flare-native perpetuals and climbing the leaderboard directly on [**SparkDEX**](https://sparkdex.ai/perps/leaderboard) or inside[ **Luminite Wallet**](https://www.luminite.app/perps/leaderboard).

Importantly, the competition is volume-based:\
**Winning and losing trades count equally toward earning rewards.**

## Competition Objectives

#### **Reward On-Chain Trading Activity**

Participants are incentivized to execute trades, increasing engagement with SparkDEX Eternal and the Flare DeFi ecosystem.

#### **Showcase SparkDEX Eternal’s Capabilities**

The event emphasizes SparkDEX Eternal’s strengths:

* High-performance perpetuals engine
* Transparent, on-chain order execution
* No auto-deleveraging (no ADL)
* Collateral flexibility (FXRP or WFLR)
* Fair, open participation for all users
* No Minimum holding time&#x20;

#### **Strengthen the Flare DeFi Ecosystem**

Increased perpetuals volume supports liquidity, broadens participation, and contributes to a more resilient decentralized financial layer on Flare.

## How the Competition Works

### Duration

**November 4th → Until Further Announcements (The Competition will be ongoing.)**

### Rewards&#x20;

For the Rewards allocated to the Campaign on a monthly basis, please check SparkDEX official documentation, or SparkDEX's Official announcement channels **as those may vary each month.**

### Reward Pool

A total of **1,000,000 rFLR** is allocated for the **March 2026** Trading Competition.&#x20;

* **125,000 rFLR weekly** for positions collateralized in **FXRP**
* **125,000 rFLR weekly** for positions collateralized in **WFLR**
* **In total: 250,000 rFLR allocated weekly.**

Rewards are calculated weekly but distributed **monthly**, at the end of the rFLR epoch.

Claimable via:

* <https://portal.flare.network>
* <https://sparkdex.ai/farm>
* <https://www.luminite.app/earn>

## Competition Mechanics

### Eligible Markets

All perpetuals markets available on **SparkDEX Eternal** qualify.

### Eligible Collateral

* **FXRP**
* **WFLR**

### Scoring

Every qualifying trade contributes to your points for that week.\
Your weekly score determines your share of that week’s rFLR rewards.

#### Factors that increase point share:

* Higher trading volume
* Consistent trading activity
* Frequent participation across the week

**Profit or loss does not impact point calculation.**

## Trade Requirements

To qualify, trades must meet the following minimum conditions:

#### **Minimum Position Size**

* **$100 USD-equivalent**

#### **Minimum Holding Period**

* **No Minimum Holding Time required**

#### **Eligible Actions**

* Opening and closing **long** positions
* Opening and closing **short** positions

## Impact on Flare DeFi

This trading competition plays a key role in expanding Flare’s decentralized financial ecosystem by:

* Increasing on-chain perpetuals volume
* Strengthening liquidity
* Encouraging active and repeat participation
* Boosting FXRP’s role as a core asset in Flare DeFi
* Demonstrating the potential of decentralized markets over centralized ones

Every trade contributes to a more robust, transparent, and community-driven trading environment.