The Jadoodoo July Trading Competition presents a dynamic opportunity for traders to test their skills, boost performance, and compete for valuable rewards. Designed exclusively for affiliate-invited participants, this event emphasizes strategic trading, account verification, and consistent volume generation—all within a structured, transparent framework. Whether you're an experienced trader or stepping into competitive trading for the first time, this guide breaks down everything you need to know to participate effectively and maximize your potential.
📅 Competition Timeline
Understanding the key dates is essential for timely participation.
- Registration Period: 9 July 2024 00:00 UTC – 30 July 2024 23:59 UTC
- Competition Period: 9 July 2024 00:00 UTC – 31 July 2024 23:59 UTC
Note: The moment your account meets the asset qualification criteria (minimum 300 USDT balance), the PnL Period begins for you and continues until the end of the Competition Period. This is when your performance will be measured.
👉 Discover how top traders optimize their entry strategy during live competitions.
✅ Eligibility Requirements
To ensure fair play and secure reward distribution, strict eligibility rules apply:
- Enrollment Confirmation: Click the “Join Now” button and verify it changes to “Enrolled.” Failure to confirm enrollment invalidates participation.
- Affiliate Invitation Only: This competition is open solely to users who registered via a Jadoodoo affiliate link or used an affiliate invitation code during sign-up.
- KYC Verification Required: All participants must complete full identity verification (KYC) on OKX. Without KYC, you cannot receive any rewards.
- Main Account Participation: Only main accounts are eligible. Sub-accounts cannot join, and their trading activity will not count toward your results.
These conditions ensure a trustworthy and high-integrity environment for all competitors.
💼 Asset & Trading Volume Criteria
Meeting both financial and activity thresholds is crucial to qualify for leaderboard ranking.
Asset Qualification
- Your main trading account must reach a balance of at least 300 USDT at any point during the Competition Period.
- Once this threshold is met, your personal PnL Period starts immediately and runs until the competition ends.
Trading Volume Requirement
- You must achieve a minimum USDT perpetual contract trading volume of 50,000 USDT during your PnL Period.
- Trading volume from spot markets or other derivatives (e.g., coin-margined contracts) does not count.
- If volume requirements aren’t met, your score will be marked as invalid and removed from the rankings.
Minimum Participation Clause
- The competition will only proceed if at least 10 qualified users meet all criteria.
- Should this threshold not be reached, the event will be canceled with no liability on OKX’s part.
This ensures competitive integrity and meaningful engagement across the board.
📊 Valid Contracts & Scoring Rules
Only specific instruments contribute to your official performance metrics.
Eligible Contracts
- Only USDT-margined perpetual swap pairs are valid.
- Examples include BTC/USDT, ETH/USDT, SOL/USDT, and other major altcoin pairs traded as perpetual futures.
Exclusions in Volume Calculation
- Trading volume generated using platform incentives such as rebate cards, contract vouchers, or bonus funds does not count toward the 50,000 USDT requirement.
- Only volume derived from your own deposited or traded USDT equity qualifies.
This rule promotes genuine trading activity and prevents artificial inflation of performance metrics.
🧮 How P&L Is Calculated
Performance is evaluated using a precise percentage-based formula that accounts for equity changes, deposits, and unrealized gains.
The Core Formula
P&L% = P&L / (Initial Equity + Total Deposit Amount) × 100%
Let’s break down each component:
1. Initial Equity
- Defined as the USDT balance in your main trading account during the first five minutes of your PnL Period.
- This value remains fixed regardless of subsequent withdrawals or losses.
2. Total Deposit Amount
Includes:
- USDT transferred from non-trading OKX accounts (e.g., funding wallet) to your main trading account.
- USDT earned through spot trades within your main trading account.
- USDT obtained via contract vouchers used during the PnL Period.
Withdrawals do not reduce this total—only additions are counted.
3. P&L (Profit and Loss)
P&L = Unrealized P&L + Realized P&L – Initial Unrealized P&L
Where:
- Unrealized P&L: Current profit/loss from open positions at the end of the Competition Period.
- Realized P&L: Cumulative profit/loss from closed positions during the PnL Period.
- Initial Unrealized P&L: Value of open USDT perpetual positions at the start of your PnL Period.
This method ensures fairness by neutralizing pre-existing position impacts and focusing only on performance during active competition.
👉 See how advanced traders use risk management to maximize P&L% in high-pressure environments.
❓ Frequently Asked Questions (FAQ)
Q: Can I join if I wasn’t invited by Jadoodoo?
No. Participation is restricted to users who registered through a Jadoodoo affiliate link or entered an affiliate invitation code during sign-up. General OKX users cannot enroll unless they meet this specific criterion.
Q: Does spot trading volume count toward the 50,000 USDT requirement?
No. Only USDT-margined perpetual contract trading volume counts. Spot trades, margin trades, or coin-margined futures do not contribute to the required volume.
Q: What happens if I withdraw funds during the PnL Period?
Withdrawals do not affect the calculation of Initial Equity or Total Deposit Amount, but they may impact your ability to maintain open positions or meet margin requirements. Strategic fund management is recommended.
Q: How is “Initial Unrealized P&L” determined?
It’s calculated based on the market value of all your open USDT perpetual swap positions at the very beginning of your PnL Period—the moment your balance hits 300 USDT or more.
Q: Can I use leverage during the competition?
Yes. Leverage settings are up to you, as long as trades are executed on eligible USDT perpetual pairs. However, higher leverage increases risk—monitor your positions closely.
Q: When will winners be announced?
Results will be finalized shortly after the competition ends on 31 July 2024. Qualified participants will be notified through official channels, and payouts processed in accordance with platform policies.
🔑 Key Takeaways for Success
To stand out in the Jadoodoo July Trading Competition:
- Enroll early and confirm your status is “Enrolled.”
- Ensure KYC is completed before the deadline.
- Reach the 300 USDT threshold promptly to extend your PnL Period.
- Focus exclusively on USDT perpetual contracts to build valid trading volume.
- Track your deposits and position entries carefully to optimize P&L%.
Precision, consistency, and awareness of the rules are your greatest tools.
👉 Access real-time analytics tools trusted by competitive traders worldwide.
By aligning with these guidelines, traders can position themselves for strong performance while maintaining compliance. The Jadoodoo July Trading Competition isn’t just about returns—it’s about demonstrating skill, discipline, and strategic foresight in a live market environment. Prepare wisely, trade smartly, and aim for the top.