❔FAQ

1. What is the Voyage Point Program?

The Voyage Point Program is a campaign designed to reward users for trading and providing liquidity on Monday Trade.

2. How are my weekly Voyage Points calculated?

A fixed pool of 2,000,000 Voyage Points is distributed each week. Your share is calculated pro-rata based on your contribution to the total points earned by all users during the weekly epoch, which concludes Monday at 00:00 UTC.

Your Voyage Points for the week = (Your Total Points / All Users' Total Points) * 2,000,000

For example:

If you earn 10,000 points and the total points earned by all users is 100,000,000 for the week, your 0.01% share of the pool would grant you 20,000 Voyage Points.

3. What activities earn points?

You earn points by contributing to the Monday Trade ecosystem through several key actions:

• Trading: Execute limit and market orders on both Spot and Perpetual markets.

• Liquidity Provision: Supply liquidity to Spot and Perpetual AMM pools.

• Position Holding: Maintain open positions in Perpetual markets to unlock bonus multipliers.

• Referring Users: Invite new users to the platform to earn a share of their points.

Pro Tip: Maximise your earnings by maintaining consistent trading or liquidity provision activity throughout the week to unlock an additional bonus.

4. How does the "Position" bonus work?

By maintaining open positions in Perp markets, you can unlock a powerful bonus multiplier that increases the points you earn from your Perp trading.

5. What is the "Consistency" bonus?

If you trade or provide liquidity for 7 consecutive days in a week, you will receive a bonus on your total points for that week.

6. What is the "Market Multiplier"?

To encourage deep liquidity and active trading, your activities on selected markets will earn points at a boosted rate. For the most current list of multiplier markets, please refer to our [docs].

7. How does the Referral Bonus work?

You will earn 20% of the Voyage Points that your directly invited referrals generate from their activities. For more details on how to refer friends, please visit [referral page].

8. How often do my Voyage Points update?

Your Voyage Points are calculated and finalised weekly, distributed after each epoch concludes on Monday at 00:00 UTC.

For live tracking, you can view your estimated share of the current week's point pool, which updates daily. Please note this is a live calculation that fluctuates with ongoing activity and does not represent your final distribution.

9. How long will the Voyage Point Program last?

The Voyage Point Program is planned to run for 24 weeks, with points distributed on a weekly basis. Monday Trade reserves the right to adjust the program duration if necessary.

10. Who is eligible for the Voyage Point Program?

The program is open to all users who sign up and connect their X account. However, market makers enrolled in our dedicated Market Maker Program are not eligible to earn points.

Monday Trade reserves the right to disqualify any accounts or trades identified as fraudulent, including wash trading, market manipulation, or bulk-account registrations used to farm points.

11. What is the Momentum Campaign?

The Momentum Campaign is a separate 4 weeks campaign that rewards you for referring active traders. In addition to earning 20% of their Voyage Points, you are also ranked based on that referral activity, with top performers earning extra weekly prizes in $MON and $USDC from a dedicated pool. For more information, please visit [Momentum Leaderboard page]