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Coinbase opens registration for a global derivatives competition

Coinbase has announced the Champions Cup, a three-week derivatives trading competition for eligible Coinbase Advanced users. The prize pool begins at 100,000 USDC and can rise to two million USDC if qualifying trading volume crosses the published levels.

admin_wcBy · 1 min read
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Coinbase opens registration for a global derivatives competition
· Photo: World-Crypt

The event runs from 4 to 25 November

Trading begins on 4 November at 00:00 UTC and ends on 25 November at 23:59 UTC. Users may register before or during the event if their accounts meet the local eligibility rules.

Coinbase opens registration for a global derivatives competition

The competition is open in Australia, Brazil, China, Hong Kong, India, Singapore, South Korea, Taiwan, the United Kingdom and the United States. Participants must also have access to Coinbase Advanced perpetual futures through the relevant broker entity.

The 100 USDC rule measures trading volume

A participant must complete at least 100 USDC in qualifying perpetual-futures trading volume. It is not a required deposit and it is not a profit target. The designated trades are executed on the Deribit exchange.

Normal fees, spreads and funding payments still apply. A trader can lose money even while meeting the volume rule, especially when leverage makes a small price movement more important.

Competition detail Confirmed rule
Trading period 4-25 November 2026
Starting pool 100,000 USDC
Maximum pool 2,000,000 USDC, subject to volume thresholds
Minimum eligible volume 100 USDC
Leaderboards Profit, percentage return and volume

Three leaderboards use different measures

The tables rank trading profit, percentage return and total qualifying volume. The top three in each category receive the largest awards, while places four through one hundred share the remaining prizes under the published rules.

United States users cannot enter the volume leaderboard. Coinbase will verify accounts and activity before paying prizes, and a trader can be disqualified if the trades break the competition or market rules.

Coinbase opens registration for a global derivatives competition

The prize pool can grow but is not guaranteed

The pool starts at 100,000 USDC and rises when total eligible trading volume passes set levels. Two million USDC is the maximum, not the amount available on the first day.

The online event follows an in-person Coinbase Champions contest held in Singapore on 8 October. Ten invited traders competed for 125,000 USDC, and Coinbase said that event led to the larger global format.

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This article is for information only and is not investment advice.

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