Gate is launching the USDCx Deposit Challenge. Complete qualifying deposits to share a 335,053 CC reward pool, with up to 10,035 CC per user.
USDCx is the USDC-backed stablecoin native to the Canton Network. It is backed 1:1 by USDC held in Circle's xReserve smart contract. USDCx on Canton follows the CIP-56 token standard for seamless composability across assets, apps, wallets, and venues, with highly configurable data disclosure.
USDCx assets used in the campaign cannot be withdrawn, transferred, or moved in any way during the campaign period. If a user withdraws, transfers, or reduces these assets, they will automatically forfeit their event eligibility and all rewards.
Deposits are limited to on-chain deposits. Select Deposit USDC, then choose Canton Network to access the deposit page.
Users who have never made a deposit before can receive a 35 CC reward by making their first USDCx deposit of ≥ 100 USDCx during the event. The total prize pool is 105,000 CC. Rewards will be distributed in descending order based on users' first USDCx deposit amount, on a first-come, first-served basis until the prize pool is fully distributed.
During the event period, users with a cumulative USDCx deposit ≥ 200 USDCx will qualify to enter the leaderboard and share 230,053 CC in rewards.
Note: Each user may claim only the highest eligible reward tier once. Each reward tier has a cap, and rewards will be distributed in descending order based on deposit volume on a first-come, first-served basis. If rewards in a higher tier are fully distributed, users will automatically receive rewards from the next eligible tier.
| Deposit Requirement | Reward | Prize Pool |
|---|---|---|
| ≥ 500,000 USDCx | 10,000 CC per user | 30,000 CC |
| ≥ 100,000 USDCx | 2,000 CC per user | 40,000 CC |
| ≥ 50,000 USDCx | 950 CC per user | 47,500 CC |
| ≥ 10,000 USDCx | 150 CC per user | 15,000 CC |
| ≥ 200 USDCx | Share proportionally based on net deposit (max 130 CC per user) | 97,553 CC |
Gate Team
May 25, 2026
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