Trading Competition

Prove Your Edge. Climb the Leaderboard.

The Risk Protocol's Trading Competition is a series of monthly rounds designed to identify and reward the most skilled SMART Token traders. This isn't about who has the deepest pockets—it's about who trades the smartest.

Each round runs for one month. At the end of every round, the top 100 traders become eligible for RISK Points based on their ranking. Points from every round you compete in accumulate toward the Risk Championship—a season-long standings of the protocol's most consistent performers.

How You're Ranked

Your ranking is determined by two factors: your investment performance and how well you managed your risk. Over each round, we measure your returns ("P&L Percentage") and your maximum drawdown ("Max Drawdown" or "MDD")—the deepest dip your portfolio took from its peak. For each measure, you are scored against every other eligible participant in the round to determine your percentile rank (the "P&L Score" and the "Risk Awareness Score", respectively). These scores combine to form a single Final Score. In determining the Final Score, P&L Score carries a 60% weight, and Risk Awareness carries a 40% weight. The highest Final Score wins. A trader who earned 30% returns but suffered a 25% drawdown might be ranked lower than a trader who earned 20% returns with only a 5% drawdown.

Two Leaderboards, Two Ways to Win

The Trading Competition Leaderboard shows a running tally of the top 100 traders, including their returns, drawdowns, and Final Score. Only the top 100 earn RISK Points for that round—but your position within the top 100 determines how much you earn. Rank 1 earns the most. Rank 100 earns the least.

The Risk Championship Leaderboard tracks cumulative performance across all competition rounds. Only the top 10 are displayed. Making the Championship requires sustained excellence—one great month won't be enough. The traders who show up round after round, managing risk while generating returns, are the ones who rise to the top. The traders who are on the Risk Championship leaderboard at the end of the points program earn additional RISK Points on top of their monthly haul.

Eligibility

To be eligible for any round, you must achieve a minimum net trading volume of $10,000 on testnet and $1,000 on mainnet and be trading on at least 3 separate days during that round. This ensures the leaderboard reflects genuine traders, not bots or one-trade wonders.

The competition is based exclusively on SMART Token performance. As new SMART Tokens launch beyond RiskON/RiskOFF, they'll be added to the eligible asset list.