Back to Blog

Manic Alpha Trading Competition: User Guide

notion image

👋Hey Trader , here is everything outlines the complete rules, schedule, and fund mechanics for the Alpha Trading Tournament. Please read carefully to understand how to participate and how rewards are calculated, then hurry up → Start on Manic.Trade

1. Timeline & Prize Pool Rules

Schedule

  • Pre-Registration (Warm-up): Feb 9, 9:00 AM(UTC) – Feb 11, 8:59 AM(UTC)
    • Action: Register and claim Demo Cash.
    • Perk: Demo Mode Open. You can trade to get a feel for the market. Daily Lucky Drops are ACTIVE during this phase to reward early participants.
  • Tournament Live: Feb 11, 10:00 AM (UTC) – Feb 25, 10:00 AM (UTC).
    • Action: The real competition begins.
  • Settlement: Feb 26 - Feb 28 (Audit & Distribution).

Dynamic Prize Pool The total cash prize depends on the number of active participants.

  • 500 Traders = $2,000 Pool (Maximum Cap)
  • 250 Traders = $1,200 Pool
  • 100 Traders = $500 Pool

Prize Distribution (Top 10 by PnL) The cash rewards for the Top 10 traders are dynamically adjusted based on the final unlocked Prize Pool Tier.

Scenario A: Max Cap Pool ($2,000)(Unlocked at 500 Traders - Target Goal)

  • 1st: $700 Real USDT
  • 2nd: $380 Real USDT
  • 3rd: $220 Real USDT
  • 4th – 5th: $150 Real USDT (each)
  • 6th – 10th: $80 Real USDT (each)

Scenario B: Growth Pool ($1,200)(Unlocked at 250 Traders)

  • 1st: $420 Real USDT
  • 2nd: $220 Real USDT
  • 3rd: $130 Real USDT
  • 4th – 5th: $90 Real USDT (each)
  • 6th – 10th: $50 Real USDT (each)

Scenario C: Startup Pool ($500)(Unlocked at 100 Traders)

  • 1st: $180 Real USDT
  • 2nd: $100 Real USDT
  • 3rd: $60 Real USDT
  • 4th – 5th: $30 Real USDT (each)
  • 6th – 10th: $20 Real USDT (each)

2. Registration Flow & Access Limits

notion image

Click “Enter Invite Code” jump to next page.

notion image

Input your 6 digital invite code correctly to claim your 50$ Demo Cash

notion image

Verified successfully, go Login with your email or wallet.

Total Capacity: 500 Users Max.

Step 1: Login

  • Scenario A (With Invite Code): Enter Code -> Connect Wallet/Email ->Access.
    • Note: If the code is invalid/used, the system will prompt: "This invitation code is no longer valid."
  • Scenario B (No Code): Connect Wallet/Email -> Connect X Account ->Access
    • Note:Regardless of whether you have an invite code, registration closes immediately once the 500th user joins. No further entries will be accepted.
notion image

Connect to X and verify your account.

notion image

Once the 500th user registers, the entrance will close immediately.

Step 2: X Account Verification After logging in, you are "Unverified." To activate your account and unlock features, you must:

  1. Bind X (Twitter)
  2. Follow @ManicTrade
  • Completion Reward: Your balance increases from $50 to $100 Demo Cash.

Late Entry Policy

  • Open Slots: If the 500-user cap is not reached by Feb 11, registration will remain open during the Live phase.
  • Note: Users registering after the tournament starts (Feb 11) will NOT receive the Pre-Reg Bonus (extra $50 Demo Cash). You will start with the standard base amount only.

3. Mission Board

notion image

This is your home base.

  • Your Dashboard: Track the "Current Traders" count to see how fast the spots are filling up.
  • Quick Actions: Use the links here to jump to "Trade," "Pre-deposit," or "View Bonus Tasks."

4. Fund Mechanics (Real vs. Demo)

Account Types (Crucial Definition) Before you start, understand the two distinct wallets in your profile:

  • Demo Account: This wallet holds your Demo Cash. Any profit or loss (PnL) generated here is recorded for the tournament and directly determines your final Ranking.
  • Real Account: This wallet holds your deposited Real Token. Funds deposited here are locked immediately upon entry and cannot be withdrawn until the Beta Test phase.
    • Important: Trading PnL from your Demo Account does NOT affect your Real Account balance. Your principal is safe from trading risks during the tournament.

Crucial to distinguish between the two types of funds in your account as well.

A. Demo Cash (Virtual)

  • Definition: Virtual funds used only for trading in the tournament. Cannot be withdrawn.
  • How to get it:
    • System Gift: $50 (Base) + $50 (Twitter Verify/Invite Code Verify).
    • Invite Bonus: +$20 per friend.
    • Deposit Bonus: 5x multiplier from Real Token deposits.

B. Real Token (Your Assets)

notion image

Deposit Token to receive 5x bonus demo cash

notion image

Choose supported token to deposit

  • Pre-Deposit Function: You can choose to deposit Real Token to boost your trading power.
  • The Rule: For every $1 Real Token you deposit, the system gives you $5 Demo Cash.
    • Minimum: $10 Real Token.
    • Maximum: $500 Real Token.
  • Asset Lock: The Real Token you deposit is locked during the Alpha Tournament. It will automatically transfer to your mainnet account after the Beta launch, where it becomes fully withdrawable/tradable.

Trading Specs

notion image
  • Assets: BTC, ETH, SOL, XRM, PYTH, LAYER, Gold, Silver.
  • Data Source: Real-time on-chain pricing powered by Pyth Network.

5. Deposit & Withdrawal Guide

We have integrated a next-gen aggregator to make funding your account seamless. You can pay with almost any token, and it will automatically settle as Demo Cash in your demo account.

A. Deposit Crypto (Multi-Chain)

  • The Magic: You don't need to hold USDC to start. Send any supported token (ETH, SOL, BNB, etc.) on any supported chain, and our system will auto-swap it to Demo Cash.
  • How to:
    1. Go to Deposit -> Crypto.
    2. Select the token you want to send (e.g., ETH) and the network (e.g., BASE).
    3. Scan the QR code or copy the address.
    4. Requirement: Ensure your deposit value is ≥ $10.

B. Withdrawal (Post-Beta)

  • Status: The withdrawal function for your principal (Real Token) will open after the Beta Mainnet Launch.
  • Mechanism: When unlocked, you can withdraw your Real Token to any supported external wallet. The system supports Cross-Chain Withdrawal (e.g., withdraw Real Token directly to a Solana or Polygon address), handling the bridging automatically.

6. Referral System

notion image

Verify your X account.

notion image

Check the Progress in Referral System and go claim your reward.

To prevent spam, the invite function is locked by default.

  • Unlock: Complete the Twitter Binding task first.
  • Usage: You will receive 1 unique link/code (Valid for 10 uses).
  • Reward: You earn $20 Demo Cash only when your invitee completes Registration + First Trade.
  • Tracking: Use the "Invite Records" table to check status (Pending vs. Paid).

7. Leaderboard & Ranking

notion image

The leaderboard tracks performance from the start of the tournament and determines the allocation of the cash prizes.

  • Metric: Participants are ranked based on total PnL (Profit and Loss) in Demo Cash.
  • Visibility: The public board strictly displays only the Top 10 traders.
    • Note: You could check PNL of yourself to confirm current position.
  • Frequency: The leaderboard updates in quasi-real-time (approx. every 1 minute).
  • Snapshot: The final ranking is locked precisely at Feb 15, 10:00 AM (UTC).

8. Daily Lucky Drop

notion image

Apart from the main ranking, there is a daily lucky draw from Pre-Registration to tournament live.

  • Requirement: Complete 2 valid trades within the day and click bottom to join the drop for today’s round(UTC time).
  • Prize: $3 Real Cash (Airdropped to 15 winners daily, will credit to your trading account in Beta Mainnet Launch).
  • Status: The button on the dashboard will light up when you are eligible to spin.

9. Support & Community

Need help? Found a bug? Want to report suspicious activity?

10.Withdrawal Policy (Important)

  • Prize Money: Will be airdropped directly to the wallet address connected to your account within 72 hours after the tournament ends.
  • Deposits (Real Token): Any Real Token deposited during the Alpha phase is locked until the Beta Mainnet Launch. Once Beta is live, your funds will be automatically credited to your real trading account and can be withdrawn or traded instantly.

Manic Trade Team


Explore More Trading Resources

Solved your immediate problem? Go deeper:

Browse all resources: Trading Tools & Resources Hub

More