❔FAQ

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.

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. Points are allocated across several categories:

• Spot Markets: Includes limit orders (filled), AMM LP, and market orders

• Perp Markets: Includes limit orders (filled), limit orders (resting), AMM LP, and market orders

• OI Rewards: Rewards for maintaining open positions in Perpetual markets

• Consistency Rewards: Rewards for maintaining activity for 7 consecutive days

Your Total Voyage Points: Your Total Points = Spot Points + Perp Points + OI Points + Consistency Points For example: If your contribution represents 0.01% of all users' total contributions for the week, you will receive 0.01% of the total point pool, which is 200 points.

What activities earn points?

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

Trading:

• Limit Orders (Filled): Execute limit orders on both Spot and Perp markets. Rewards based on filled volume × market multiplier.

• Market Orders: Execute market orders on both Spot and Perp markets. Rewards based on trading volume × market multiplier.

• Resting Orders (Perp only): Place limit orders that remain on the Perp order book within tight spreads. Points calculated based on order notional value, duration on book, spread distance from fair price, and market multipliers. No trade execution required - orders earn points even if they don't fill. Must remain on book for ≥3 seconds and within 40 bps of fair price.

Liquidity Provision: Supply liquidity to Spot and Perp AMM pools. Position Holding: Maintain open positions in Perp markets to unlock OI Rewards. Referring Users: Invite new users to the platform to earn 20% of their referral points. Consistency: Maximize your earnings by maintaining consistent trading or liquidity provision activity throughout the week to unlock consistency rewards.

How does the "Position" bonus work?

The OI Rewards encourages long-term positions in Perp. The larger size and longer time you hold a position, the more points you earn from the OI Rewards pool.

How does “Resting Order” work?

Resting Order Points reward market makers who place limit orders that remain on the Perp order book within tight spreads from fair price. Requirements:

• Minimum duration: Order must stay on book for at least 3 seconds

• Maximum spread: Order must be within 40 bps of fair price

• No trade execution required — orders earn points even if they don't fill

Contribution Calculation: Your contribution is calculated based on several factors:

• Order notional value: The size of your order

• Market multiplier: Boosted rate for selected markets

• Spread multiplier: Based on how close your order is to fair price

  • Orders within 40 bps of fair price can earn up to 2.0x multiplier

  • Orders closest to fair price (within 10 bps) receive the highest multiplier

  • Orders further from fair price (10-40 bps) receive a lower but still competitive multiplier

  • Orders beyond 40 bps do not qualify for rewards

• Duration: How long the order remains on the book

Points Allocation:

• Resting orders receive 50% of the points allocated to Perp Limit Orders, representing a substantial portion of the weekly point pool

• Points are allocated proportionally based on your contribution share relative to all eligible resting orders

Important Note:

• If your resting order gets filled, it will also earn points from the Limit Order pool based on filled volume. You can earn from both pools - resting order points while the order is on the book, and limit order points when it gets filled.

• Your order's spread distance is recalculated whenever the fair price moves.

• To maintain eligibility, place orders with a buffer inside the threshold range.

• We recommend placing orders tighter than the threshold to account for fair price movements and ensure consistent qualification

What is the "Consistency" bonus?

The Consistency Bonus rewards sustained participation, distributed among users who maintain activity for 7 consecutive days. Qualifying Activities (any one per day counts):

• Any filled order (limit or market)

• Adding liquidity (LP)

• Any qualified resting order (≥3 seconds duration, within 40 bps of fair price, i.e., spread multiplier > 0)

What is the "Market Multiplier"?

To encourage deep liquidity and active trading, your activities on selected markets will earn points at a boosted rate. Market multipliers are applied to all activity categories.

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 the referral page.

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 at 00:00 UTC. Please note this is an estimated calculation that fluctuates with ongoing activity and does not represent your final distribution.

Update Schedule:

• Daily (00:00 UTC): Estimated shares recalculated for all categories, including resting orders

• Epoch End (Monday 00:00 UTC): Final contributions calculated, points distributed, leaderboard updated

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.

Who is eligible for the Voyage Point Program?

The program is open to all users. 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.