🏁 Rho Trading Race
The Rho Trading Race is a month-long trading competition running on Rho Protocol, designed to encourage consistent, real usage of Rho’s interest rate futures platform.
The competition is open to both new and existing users. Participants are ranked based on their cumulative notional trading volume over the course of the campaign. Rewards are distributed to the top traders based on final leaderboard standings and unlock progressively as total platform volume milestones are met.
Duration: July 1, 12:00 GMT – July 31, 12:00 GMT.
Rewards Distribution
Total Prize Pool (Progressive Unlock System)
Total Volume Milestone
Stablecoin Rewards (USDT)
Rho Points
$5M
$3,000
10,000
$25M
$5,000
20,000
$50M
$10,000
30,000
Note: If the $50M threshold is surpassed, Rho Labs may introduce additional reward tiers.
Distribution at $50M Volume Milestone
Stablecoin Rewards (Top 20 traders):
Rank
USDT Reward
1st
$2,000
2nd
$1,500
3rd
$1,000
4th–10th
$500 each
11th–20th
$200 each
Rho Points Rewards (Top 50 traders):
Rank Range
Points per Wallet
1st
3,000
2nd
2,500
3rd
2,000
4th–10th
~900 each
11th–25th
500 each
26th–50th
~348 each
Rho Points are non-transferable campaign points used within the Rho ecosystem and do not represent tokens or monetary value.
Trader Categories & Leaderboard Visibility
To promote fairness, users are categorized based on trading behavior and wallet history:
Category
Description
Leaderboard Visibility
Eligible for Rewards
Retail Trader
Default classification for all users
✅ Yes
✅ Yes
Newcomer
Wallets newly onboarded or inactive for 60+ days
✅ Yes
✅ Yes
Pro / Institutional
High-frequency or historically high-volume wallets
✅ Yes
❌ No
Pro traders are visible on the leaderboard but excluded from rewards. Classification is based on internal metrics and may be updated manually.
🏆 Leaderboard
Public leaderboard will be hosted at http://app.rho.trading/competition
Updated every 30 minutes
Ranked by cumulative notional trading volume
Final rankings are taken at the end of the campaign based on recorded volume
✅ Eligibility Criteria
A minimum of $1,000 in total notional volume is required to qualify for rewards.
Only trades executed within the official campaign dates are counted.
Rho Labs reserves the right to disqualify any wallet engaging in suspicious activity, including:
Sybil behavior
Wash trading
Volume manipulation
Activity inconsistent with fair competition
🧭 How to Participate
Connect your wallet to https://app.rho.trading
Deposit collateral and start trading interest rate futures as usual
Monitor your ranking on the public leaderboard (updates every 30 minutes)
Optionally complete bonus quests for additional Rho Points
Compete throughout the campaign—top traders win rewards
No separate sign-up is required. All eligible trading activity is automatically tracked by the system.
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