Dear HashKey Global Market Makers,
To reward the market makers for their contribution to HashKey Global's liquidity, we will launch the Market Maker Trading Incentive between 2024/8/5-2024/9/8. All HashKey Global market makers, including Designated Market Makers (DMMs) and Common Market Makers (CMMs), can participate in this trading incentive and get corresponding HSK rewards.
Rules:
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This trading incentive has two prize pools, the spot prize pool and the futures prize pool. The rewards of the prize pool will be determined according to the weekly trading volume of All Market Makers (not a single market maker). The maximum rewards for spot and future prize pools are both 500,000 HSK, and the total prize pool that can be shared is up to 1 million HSK.
| Weekly Futures Trading Vol(U) | Futures Prize Pool (HSK) | Weekly Spot Trading Vol(U) | Spot Prize Pool (HSK) | |
| >250,000,000 | 10,000 | >150,000,000 | 10,000 | |
| >300,000,000 | 20,000 | >200,000,000 | 20,000 | |
| >500,000,000 | 50,000 | >300,000,000 | 50,000 | |
| >1,100,000,000 | 150,000 | >650,000,000 | 150,000 | |
| >2,000,000,000 | 300,000 | >1,200,000,000 | 300,000 | |
| >3,200,000,000 | 500,000 | >1,800,000,000 | 500,000 |
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Each market maker will share the above prize pool according to his share of the weekly trading volume of all market makers. The rewards for spot and futures are calculated and distributed separately. A market maker can obtain rewards from the spot prize pool and the future prize pool at the same time.
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This trading incentive is conducted every week. The trading volume requirements and the size of the prize pool may be adjusted every week.
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The rewards of this trading incentive will be distributed within 10 business days after the end of each week's competition.
Qualification：
No registration is required. All HashKey Global market makers are deemed to automatically participate in this trading incentive.
If you want to apply to become a market maker, please email the MM official email address (global-mm@hashkey.com) or contact Sales/BD for details.
The above is a summary of these rules. If you want to know more details, please contact the HashKey Global liquidity team or other official staff. By participating in the event, you agree to be bound by all the applicable terms and conditions, including without limitation Terms and Conditions of HashKey Global Promotional Campaigns.
HashKey Global
HashKey Global is a digital asset trading platform operated by HashKey Bermuda Limited under a Type F license granted by the Bermuda Monetary Authority. This information does not constitute an offer, solicitation, or recommendation for any investment product. Investing and trading virtual assets involve risks. HashKey Global does not service users from Hong Kong, United States, Mainland China and certain other jurisdictions in compliance with laws and regulations. Certain services, features, and campaigns may not be available in your jurisdiction.
RISK WARNING ABOUT HSK
Please be aware that HSK is not currently listed on any exchange and there is no guarantee that it will be listed in the future. As a result, HSK presently has no established market value. The timeline for the potential listing of HSK remains uncertain. In the event that HSK is successfully listed, it may be subject to various trading restrictions in accordance with applicable regulations and laws. These restrictions may include, but are not limited to, limiting the trading of HSK solely to eligible professional investors in select locations and subject to regulatory approval. The value of HSK is subject to substantial risk and may diminish or fluctuate significantly in response to various market conditions and other factors beyond HashKey Global’s control. HashKey Global and its affiliates make no warranties, express or implied, in relation to HSK or any rewards and disclaims any liability relating thereto.
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