The Sovryn Perpetual Futures Trading Competition winners announced!

A special thank you to everyone that participated! We hope you had fun while helping us stress-test the perpetual futures interface and backend.

Go to Competition

Top 3 Traders

The top 3 winning traders of the competition announced on Friday 25th February:

  • 1st rtedrt - 670 $SOV

  • 2nd Perp - 660 $SOV

  • 3rd kyukyu - 644 $SOV

Congratulations to the winners!

Bug Bounty Winners

Your participation and feedback has provided us with invaluable information and improvement suggestions, all of which will be used to refine the functionality and interface prior to launch on mainnet.
The 20 winners of the bug bounty reward have been grouped into two categories. Those in Group 1 will receive 19 $SOV and those in Group 2 will receive 40 $SOV.

Please carefully scan the addresses below to see if you’ve won:

Group 1:

0x3d00f0a325044a3f9c7f86081245cfe85a563af6

0xf397f52D065a9A2b2b4cBEFff95be8bB10879Fd6

0xA383fa7e8c7C82369EdF4eC82b7EA5aEcdfFeBC7

0x010908Bc865Bb3B2A97e9D75788C91F92dA26B75

0xede3A6be407608c4d583C4E80564360266B92813

0x7f585a63D7dBa73c975CbDF32f6613BD2D765ccE

0x8227e19Bbbd7473346cf46947BfC29D88525C16E

Group 2:

0x52f10528949c31F48571C5167d30f603c9b9c29f

0x5107FA31f29323642cc4c410A562Cb5b1eBe13e1

0xD1bFC9f03ce3FDc9BF60cb7f18f9130A5eD81948

0x1d0E613eCCEf5f3F193737a9c45f2B684dA74b0e

0xabfD7ab432c535148E82f4F98b573583B3BeA5C4

0xC0978b86142FaeeFD3De3856155723749469a91A

0x2B86E960c22DAe8711732C47cF94eBC4415A3570

0x1996A1c4597721EDAFA2ffe433B0C26B25494ec9

0xbB14dE5378Add0C7372A7428e5AC1C6381929616

0x83c96D6526eFd0A952AfB814C86F50Bbc922C2B1

0x4ad2e794F86B1FE65C2086cdB87a80d44a72fc85

0x99679f6c76d4bdb3082Bd4b944437ECee93D596A

0x117AC6Cd091A71A8526949726Fe23e11Dc92b7e8

The total Prize Pool giveaway comes to ~$10k in SOV, with $7.5k SOV shared among the top three traders and $2.5k SOV in bug bounty rewards. Not bad for some risk-free trading!

The SOV price is based on the previous 30 day average on the Sovryn dapp.

The prizes for the top 3 traders will vest monthly for a period of 10 months, while there will be no vesting period for the bug bounty rewards.

Prize Distribution

As previously mentioned, Sovryn will distribute prizes directly to the winning wallet addresses used during the competition.

If you are one of the named winners and would prefer that payment be made to a different address, please contact us on Discord. In this event we will authenticate ownership of the winning testnet wallets via a specific transaction - so don’t waste your time impersonating a winner!

Under no circumstance will any member of the Sovryn Team ask for your personal, wallet, or any other sensitive information. At all times, be aware of potential phishing scams and report anyone attempting to directly contact you representing themselves as part of the Sovryn Team.

Follow us and subscribe to our official channels to stay tuned for more events!

Stay Sovryn!

Bringing the best of crypto to Bitcoin

How Sovryn Perpetual Futures Contracts work

Why Perpetuals on Sovryn are better

  • The Sovryn Perpetuals AMM can offer lower slippage than other DeFi Perpetual future contract AMMs with comparable capital reserves
  • Liquidity provision without impermanent loss
  • The Sovryn Perpetuals AMM allows Sovryn to offer perpetuals with different types of margin collateral. Margin collateral is often denominated in USDC if the price is quoted in USD, e.g. BTC/USDC. However, the Sovryn Perpetuals AMM can host perpetuals where margin collateral is in any token, e.g. BTC/USD with margin collateral in BTC.

F.A.Q.s