The Perps Open: Daily Rewards. Trade Perps to Share $2,500 Every Day for 14 Days

Trade perps on crypto, stocks and ETFs to earn your share of $2,500 in rewards every day for 14 days, $35,000 in total. Volume and rankings reset daily, so every day is a new chance to climb into the Top 20.

Campaign period: November 12, 2026, 12:00 AM UTC to November 25, 2026, 11:59 PM UTC.

How to Participate

• Open The Perps Open quest page and opt in. Only opted-in accounts are eligible for rewards. Opting in on any device (desktop or app) confirms your participation across all devices.
• Trade perpetual futures on crypto, stocks and ETFs to build eligible trading volume each day. API trading volume is included.
• Keep an account balance of at least $100 at each daily snapshot to qualify for that day's rewards.

How Rewards Work

• A new $2,500 prize pool is available every day for 14 days, totaling $35,000 in rewards. Trading volume and rankings reset daily.
• The Top 20 traders by eligible daily trading volume share 50% of each day's prize pool.
• All other eligible traders share the remaining 50% of each day's prize pool.
• Within each group, rewards are distributed proportionally based on eligible daily trading volume.
• Daily and weekly rewards are calculated separately, so you can qualify for both.
• Rewards below $1 are not distributed.
• Rewards are distributed within 2 days following the end of each daily reward period.

Terms and Conditions

• Opt-in via the quest page is required to be eligible for rewards. Opting in on any device (desktop or app) confirms participation across all devices.
• The campaign runs from November 12, 2026, 12:00 AM UTC to November 25, 2026, 11:59 PM UTC.
• Eligible volume includes perpetual futures on crypto, stocks and ETFs. API trading volume is included.
• A new $2,500 prize pool is available each day for 14 days, totaling $35,000. Trading volume and rankings reset daily.
• The Top 20 traders by eligible daily trading volume share 50% of each day's prize pool. All other eligible traders share the remaining 50%.
• Rewards within each group are distributed proportionally based on eligible daily trading volume.
• Participants must maintain an account balance of at least $100 at each daily snapshot to qualify for that day's rewards.
• Daily and weekly rewards are calculated separately. Participants can qualify for both.
• Rewards below $1 will not be distributed.
• Rewards will be distributed within 2 days following the end of each daily reward period.
• Backpack reserves the right to withhold rewards from or disqualify any participant who engages in abusive or manipulative activity, including wash trading, artificial volume, or multi-account abuse.