🏁Trading Competitions

Trading competitions rank users by their trading activity over a defined time window and distribute rewards based on final position. They combine Fuul's Leaderboard payout type with a trading trigger.

How it works

1. Define a competition start and end date

2. Choose a ranking metric — volume, PnL, or custom formula

3. Configure rewards per position (1st place, top 10, etc.)

4. Users trade during the period — rankings update in near real-time

5. At the end date, rewards are distributed based on final standings

Competition types

Volume-based

Users are ranked by the total USD value of trades made during the period.

Best for: Incentivizing overall activity and liquidity depth.

Example:

Position	Reward
1st	5,000 USDC
2nd	2,500 USDC
3rd–10th	500 USDC each

Configuration: payout scheme rank, amount source volume.

PnL-based

Users are ranked by their realized profit and loss during the period.

Best for: Rewarding skilled traders rather than high-volume participants.

Configuration: payout scheme rank, amount source revenue (PnL maps to the revenue metric in Fuul's data model).

PnL tracking requires a supported perpetuals integration — HyperLiquid or Orderly. Spot trading triggers do not support PnL ranking.

Custom formula-based (points)

Users earn points through a custom scoring formula that combines multiple metrics — for example, weighting volume, fees generated, and trade count differently.

Best for: Nuanced competitions that reward multiple behaviors simultaneously.

Example formula:

Score = (Volume × 0.5) + (Fees × 200) + (TradeCount × 10)

Implementation: use a points program where your backend calculates the score and submits it via the Custom Offchain Events API, or use a proportional pool with the relevant metric as its amount source.

Creating a competition

1. Create a conversion with a trading trigger (HyperLiquid, Orderly, etc.)

2. Add a Leaderboard incentive to the conversion

3. Configure the date range, ranking metric, and rewards per position

One leaderboard incentive can be active per program at a time.

Display live rankings in your app → Volume Leaderboard · Points Leaderboard