What is TradeLeague?
TradeLeague is a trading competition platform that enables traders to compete for rewards, prizes, and bragging rights.
Built on Solana, our protocol offers traders the opportunity to bet on themselves and earn additional yield on their portfolios. TradeLeague's mission is to build a community for navigating the trenches; where degens can test strategies, prove their skills, and make friends along the way!
To get started: connect a wallet, join a competition, and trade any on-chain Solana tokens. The fee is contributed to the prize pool and the leaderboard ranks traders by highest PNL%. At the end of the competition, the prize pool is distributed to the final leaderboard according to the competition type’s parameters.
Overview
Each competition has its own tier/level, type, and duration. The tier/level determines the fee to join, the type instructs how the prize pool will be distributed amongst the leaderboard, and the duration is how long the competition lasts. Traders must select an option in each category to determine which competition they enter, with more options coming soon!
Tiers - Levels:
Bronze - 0.01 sol, 0.025 sol, 0.05 sol, 0.075 sol
Silver - 0.1 sol, 0.25 sol, 0.5 sol, 0.75 sol
Types:
Top 1 - 1st = 100%
Top 3 - 1st = 50%, 2nd = 35%, 3rd = 15%
Times:
1H
8H
Traders can enter at any time before a competition concludes, participate in as many competitions as they want, and use as many wallets as they wish. Each competition has a minimum number of traders required to join in order to payout the prize pool. If that threshold is not reached, the fees will be returned back to their original wallets.
FAQs
How do I claim my pending profits?
Your winnings are stored in an on-chain escrow wallet only you can access. Click "Claim Profits" to withdraw the full balance.
How is PNL% calculated?
PNL% is determined by assessing the initial and final value of a portfolio and calculating the unrealized ROI.
Initial value of the portfolio is determined at time of entry and final value is calculated at the termination of the competition.
Any SPL token is included, however, token transfers will not be factored in calculations.
What are the TradeLeague protocol fees?
There is a 10% protocol fee taken from the prize pool.
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