Futures × Options Hedging Challenge Season 2 Is Now Live

New users receive a first-order gift—claim up to 25 USDT daily and enjoy additional Leaderboard rewards.

Event Period: September 22, 2026, 08:00 – October 12, 2026, 08:00 (UTC)

Event 1: First-Order Gift for New Options Users—Trade to Receive 10 USDT

During the event, new Options Trading users who complete an eligible options trade will receive an options position voucher worth 10 USDT.

• Definition of an eligible options trade: Premium trading volume ≥ 100 USDT

• New options users refer to users who have no Options Trade History before the event begins.

• Limited to the first 500 users.

Event 2: Futures and Options—Win 15 USDT Daily

During the event, registered users whose first Perpetual Futures trade of the day for a designated underlying reaches 1,000 USDT in trading volume and who purchase a protective option for the same underlying:

• Futures Long Position: Buy a Put for the same underlying;

• Futures Short Position: Buy a Call for the same underlying;

• The actual options premium paid must be no less than 50 USDT;

• Hold the futures and options positions simultaneously for at least 60 min.

Complete the above tasks to receive a 15 USDT reward, limited to the first 150 users daily.

Event 3: Profit From Protective Options—Win an Additional 10 USDT

After completing Event 2, users whose first protective options order of the day generates a Profit upon closing or settlement can receive an additional 10 USDT reward, limited to the first 100 users daily.

Rewards from Events 2 and 3 can be combined, with each user eligible to receive up to 25 USDT daily.

Event 4: Options Trading Volume Leaderboard—Top 10 Share 5,000 USDT

After the event ends, users will be ranked by their cumulative eligible premium trading volume, and the top 10 users will receive the corresponding rewards.

Event Rules

1. Participants must click the 【Join Now】 button on this event page to register and complete Identity Verification to receive rewards.

2. The options position vouchers from Event 1 are valid for 14 days from the date of issuance. Please use them within the validity period; unused vouchers will automatically expire and will not be reissued.

3. This event supports Perpetual Futures and Options Trading for the following underlyings: BTC, ETH, SOL, XAUT, BNB, XRP, DOGE, ADA, HYPE, SUI, LTC.

4. Event rewards will be distributed in USDT + options position trial vouchers. Rewards will be credited to users' accounts within 10 business days after the event ends. Please check your in-platform messages for notifications.

5. Cheating behaviors such as mass account registration, malicious volume manipulation, wash trading, and matched trading are strictly prohibited. Multiple accounts belonging to the same verified user will be treated as one account.

6. Market maker, institutional, and affiliate accounts are not eligible for the prize pool.

7. Deep out-of-the-money options trading volume will not be included in the event statistics.

8. The platform reserves the right to adjust the event rules, prize pool, and distribution methods based on actual circumstances.

9. In the event of any discrepancy between the translated version and the English version, the English version shall prevail.

10. Due to changes in market conditions, the risk of fraud, and other factors, Gate reserves the final right of interpretation for this event. If you have any questions, please contact Gate Customer Support.

Gate Team
September 22, 2026

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