The Derivatives Level Up Challenge is a promotion run by Kraken Derivatives for ~ 30 day period. Participants will have their Derivatives trading volume for this period tracked.

At the end of the promotion period, participants will be credited with Bonus USD Derivatives collateral. The amount will depend on users’ Multi-Collateral Derivatives trading volume during the promotion period, trade your way up the ladder for bigger rewards.

You will win the prize corresponding to your Multi Collateral Derivatives wallet trading volume tier achieved during the Level Up Challenge Period as follows:

The Bonus USD collateral will be automatically credited to your Multi-Collateral Derivatives wallet some days after the challenge period ends.

You can use this collateral immediately to enter into new positions. This collateral cannot be transferred out of your Derivatives wallet.

You are eligible to participate in this competition if:

Read Kraken’s terms and conditions for all challenge rules.