ONUS Grand Prix Season 05: The Futures Trading Tournament For Individuals And Teams

After the previously successful tournament, ONUS Grand Prix is now totally ready for the launch of the next season! Take your chance and join now at the ONUS Grand Prix

Tournament rules

The Futures trading tournament will be available to register within 10 days and take place within 24 days.

• Registration time: 10 days, from 21st November to 1st December (17:00 UTC)
• Trading time: 21 days, from 1st December to 24nd December (17:00 UTC)

Participants can join as:

• Individuals: ranking by Return on Equity (ROE%)
• Teams: ranking by realized Profit and Loss (PnL)
• Record: ranking by trading volume

Note: 

• Individual prizes are awarded to eligible players.
• Competitive trading of VNDC-M and USDT-M perpetual futures. The actual profit/loss and trading volume is calculated in VND (exchange rate: 1 USDT = 24,000 VND)

About the conditions

During the registration period, simply login to the tournament, and the participants will be recorded as registered.

At the time the tournament starts, registered users need to ensure a minimum VNDC or USDT balance in their Futures wallet equivalent to 500,000 VNDC to be counted as valid players.

Note: Eligible players can still join a team after the tournament begins.

Prizes

The prizes for the Futures trading tournament will be awarded to the winners in VNDC, USDT, or ONUS with equivalent value, through the ONUS account used for tournament registration.

Prize Structure: The total prize pool of up to 5 billion VNDC will be distributed based on the number of valid players.

The total prize pool will be distributed as follows:

• 60% for the team prize.
• 30% for the individual prize.
• 10% for the record prize.

1. Team category:

• The top 10 teams with the highest Realized PnL will receive the prizes.
• Among them, the leading 4 teams will share 90% of the team category prize pool based on the ratio (50%, 25%, 10%, 5%). The remaining 10% will be evenly divided among the other 6 teams.
• Within each team, the distribution will be as follows: 20% for the team leader, 50% for the top 3 qualifying members with the highest actual PnL (PnL > 0), and 30% for all qualifying members.
• To be a qualifying member, participants must achieve a total Trading Volume of at least 500,000,000 VND throughout the competition.
• In case multiple teams have the same PnL, the team with the higher total Trading Volume during the competition will be ranked higher.

Note:

• Teams from ONUS Grand Prix Season 4 will be automatically retained for Season 5.
• Team leaders can adjust team information, such as changing the team name, profile picture, and slogan. Team leaders can also invite new members/remove old members or disband the team.
• Team leaders can switch from a private team to a public one or vice versa.
• Members can leave their current team, join a new one, or create their own team.

2. Individual category:

• The Individual category will be divided into 8 cycles, each lasting for 3 days, and 1/8 of the total individual prize pool will be allocated for awarding at the end of each cycle.
• In each cycle, the top 3 players with the highest Return on Equity (ROE%) will share 90% of the individual prize pool according to the ratio (50%, 30%, 10%). The remaining 10% will be evenly distributed among the next top 5 players, with each player receiving 2%.
• In case multiple individuals have the same ROE, the player with the higher total Trading Volume during the competition will be ranked higher.
• The individual ROE% ranking is calculated according to the formula: ROE% = (Expected P&L + Actual P&L – Initial Expected P&L) / max(10,000,000 VND, Initial Balance + Deposit) x 100%

• • Expected P&L: Unrealized P&L in the cycle.
  • Actual P&L: Realized P&L during the cycle.
  • Initial expected P&L: Unrealized profit before the start of the cycle.
  • Initial Balance: Total amount of VNDC & USDT in VND (1 USDT = 24,000 VND) in Futures wallet at the beginning of the cycle.
  • Deposit: Total amount of VNDC & USDT deposited into Futures wallet during the cycle.

3. Record category:

Eligible players with the highest Total Trading Volume and breaking the previous season’s record will be awarded the Record Breaker prize.

4. Newcomer Prize

• Users who access the Futures feature for the first time starting from 00:00 on December 22, 2023, and generate transactions during the competition period will be recognized as participants in the Newcomer Prize.
• Total prize pool = Total trading volume of current participants * 0.01%.
• The top 3 players with the highest trading volume will share 90% of the prize pool (50%, 30%, 10%). The remaining 10% will be evenly distributed among the top 5 players (2% each).

How to register (Mobile)

1. Access the ONUS Grand Prix tournament:

• Access the Futures feature
• Press the three dots icon and select ONUS Grand Prix

2. Create a team

• Select “Create team”
• Enter your team’s name and slogan. Choose or upload your avatar
• Select Create.

After you create a group, you can invite members to join by sharing a photo or a link to your group.

Note: The group leader has the right to disband the group.

3. Join a team

• Select “Join a Team”
• Choose the team you want to join
• Confirm

Note:

• You can only join 1 team at a time
• You can change teams during registration. Once the tournament starts, members cannot leave the team.

How to register (Web)

1. Log in

If you already have an ONUS account, you do not need to register to participate. You just need to log in by following the steps below. The system will automatically record the result if you meet the minimum balance requirements.

• Step 1: Access ONUS Grand Prix
• Step 2: Select “Join now”
• Step 3: Scan the QR code on the screen to login to your ONUS Pro account

2. Join a team

• Scroll down to the “Find teams to race” section
• Enter the name of the team/leader in the search box
• Select “Join”
• Select “Sign up now”

3. Create your own team and invite friends

• Select “Register to create a team”
• Enter team information
• Select “Create team”

After successfully registering, you can scroll down to keep track of contest performance, program rules and constantly updated rankings.