The decentralized perpetual futures exchange said users will earn rewards based on trading volume as it tops $300 million in cumulative volume after its July 16 launch.
VANTA said it will begin a trading competition at 8:00 a.m. UTC on July 30 with a total prize pool of 100,000 USDC. The decentralized perpetual futures exchange (crypto venue for leveraged contracts) said rewards will be distributed in proportion to each user’s trading volume during the event. Participants can also join VANTA’s weekly points rewards program, which the project said allocates a pool of 1 million points each week to users and ecosystem contributors. The announcement comes shortly after VANTA’s official service launch on July 16, with the platform saying cumulative trading volume has now exceeded $300 million. VANTA said its team includes people with experience at centralized exchanges such as Bitget and OKX, and that the platform supports derivatives trading across cryptocurrencies, stocks, gold, foreign exchange, commodities and indices.