ONUS Grand Prix Season 2: Futures Trading Competition for Individuals and Teams

Season 2 registration for the ONUS Grand Prix – The Futures Tournament that millions of traders have been waiting for – is now open! Join now: ONUS Grand Prix Season 2

Program Rules

The Futures Trading Competition season 2 will open for registration within 9 days and run for 21 days.

• Registration Period: From 17:00 on August 22, 2023 – 17:00 on August 31, 2023.
• Competition Period: 21 days from 17:00 on August 31, 2023 to 17:00 on September 21, 2023.
• Participation Categories:
  • Individual: Ranked by Return on Equity (ROE%).
  • Team: Ranked based on Realized Profit and Loss (Realized PnL).
  • Record Breaker: Ranked by Total Trading Volume.

Note:

• Participants can take part in all three categories simultaneously.
• Trading will be conducted in VNDC-M and USDT-M perpetual futures contracts. Realized PnL and trading volumes will be calculated in VND (with an exchange rate of 1 USDT = 24,000 VND).

Participation Requirements

During the registration period, all users who log in to the competition will be considered registered.

At the beginning of the competition, registered users must ensure a minimum VNDC or USDT balance in their Futures wallet, equivalent to 500,000 VNDC, to be eligible to participate as valid players.

Note: Valid players can still join a team after the competition has started.

Prizes

The prizes for the ONUS Grand Prix will be sent to the winners in VNDC, USDT, or ONUS, with equivalent value, through their registered ONUS accounts.

Prize Distribution: The total prize pool of up to 5 billion VNDC will be calculated based on the number of valid participants.

The total prizes will be distributed in the following proportions:

• 60% for the Team category.
• 30% for the Individual category.
• 10% for the Record Breaker category.

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 1 will be automatically retained for Season 2.
• Team leader can adjust team information, such as changing the team name, profile picture, and slogan. Team leader can also invite new members/remove old members or disband the team.
• Team leader 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 7 cycles, each lasting for 3 days, and 1/7 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.

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.