Zoomex Offers $150,000 Prize Pool to Spur Perpetual Contract Trading

Event summary

  • Zoomex launched the “Twin Stars Cup” trading competition on March 20, 2026, running through March 31, 2026.
  • The competition features a prize pool of up to $150,000, scaling with user participation.
  • Rewards are based on cumulative trading volume in USDT perpetual contracts.
  • Institutional traders and API-based users are ineligible to participate.
  • The competition aims to increase user engagement and provide structured trading opportunities within Zoomex’s ecosystem.

The big picture

Zoomex's 'Twin Stars Cup' reflects a growing trend among cryptocurrency exchanges to incentivize trading activity and attract users through reward programs. With over 3 million users and operations in 35 countries, Zoomex is attempting to leverage this strategy to bolster its market position amidst increasing competition and regulatory uncertainty within the digital asset space. The scaling prize pool model introduces a variable cost structure that could significantly impact profitability.

What we're watching

Regulatory Scrutiny
Increased prize pools and trading competitions may draw greater regulatory attention to Zoomex’s promotional practices and risk management protocols, particularly concerning potential incentives for excessive trading.
User Acquisition
The effectiveness of the competition in attracting new users and retaining existing ones will be a key indicator of Zoomex’s ability to sustain growth in a competitive market.
Operational Costs
Zoomex’s profitability will be impacted by the actual prize pool payout, which is dependent on user participation, and the associated operational costs of managing and monitoring the competition.