Platform Points
The Points system is a core metric used to measure a user’s contribution to protocol liquidity. Through Proof of Trading and Network Growth incentives, the protocol distributes growth rewards to users who actively participate in and support the ecosystem.
Trading Points: Calculated as Fees Paid × 100 (USDC denominated). Trading volume is counted when your opening order is executed.
Referral Points: Earn 10% of each direct referral’s daily points. Points are calculated daily and apply only to direct referrals.
How Points Are Earned
Currently Available:
Trading Points (from perpetual fees)
Invite Count
Referral Commission (10% of your referrals’ points).
Coming Soon:
Position Points
KYC Points
Badges.
Refer a Friend
You can find your unique invite code and link on the [Points] page. Share it with friends and when they sign up and enter your code in the Bound section, your accounts will be linked.
Leaderboard
Updated hourly, featuring the top 100 users. Rankings are organized in season-based epochs, with airdrop allocations directly tied to your rank. Real-time anti-cheat monitoring ensures fair play.
Ecosystem Scaling Mechanism
To prevent unlimited point inflation and preserve the value of rewards, the protocol applies a dynamic decay mechanism. This mechanism balances the output of high-frequency trading, ensures fair distribution, and prevents incentives from being disproportionately captured by a small number of automated strategies.
Tiered Conversion Efficiency: When a user’s daily point output exceeds certain thresholds, the efficiency of earning additional Points will gradually decrease based on the algorithmic model.
Design Purpose: This approach is intended to protect small and mid-sized traders, ensure fair participation, and support sustainable protocol growth across different market cycles.
Settlement and Adjustments
Real-Time Calculation: Points are automatically calculated when a trade occurs and are updated in the user’s account in near real time.
Algorithm Optimization: To adapt to changing liquidity needs at different market stages, the MC Markets team reserves the right to dynamically adjust point coefficients and decay thresholds. All parameter updates are subject to the latest official announcements on the website or the system’s actual settlement results.
Dynamic Ranking System: The platform uses a dynamic ranking system where points are updated daily, and the final weekly point total determines each user’s position on the leaderboard. Airdrop allocation ratios are directly tied to ranking tiers, and real-time anti-cheating monitoring is in place to ensure a fair and healthy ecosystem for all participants.
Start Your Journey
Log in to the platform and embark on your points journey. Visit the [Task Center] to view the full task list and live rankings, and unlock your personalized path to growth.
MCM token details will be announced separately. All terms are subject to official announcements.
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