Dual Leaderboards Featuring High-Leverage PNL and Trading Volume to Accommodate Diverse Strategies
Bumpin, a next-generation decentralized derivatives platform built on Solana, officially launched its $20,000 Trading Challenge on May 14 at 16:00 UTC, a four-week campaign featuring dual leaderboard mechanisms. The challenge is designed to reward both profitability and trading activity, aiming to foster diverse strategies in a transparent on-chain environment.
Moon Offers Up to 1000x Leverage for PNL-Based Competition
The Moon Module is Bumpin’s high-leverage trading zone, supporting up to 1000x leverage. The challenge includes a realized PNL leaderboard split into four independently settled rounds, each with a $4,600 USDC reward pool, totaling $18,400 USDC.
Built on Solana and integrated with the Pyth oracle, the Moon Module enables second-level price updates and on-chain matching, ensuring execution accuracy and clearing efficiency.
Trade Supports Volume-Based Rankings with 0 Opening Fees on Key Pairs
The Trade leaderboard focuses on cumulative trading volume. Users can participate by trading in any available pair under the Trade zone. During the campaign, BTCUSD, ETHUSD, and SOLUSD are eligible for 0 opening fee, with additional pairs also supported.
Campaign May Signal Future Utility for User Behavior On-Chain
While the current campaign emphasizes reward incentives, some observers believe it may also serve as groundwork for future developments in Bumpin’s points system, identity layers, or long-term user incentives.
The official announcement includes phrases such as “all trades will be recorded” and references to actions that may “unlock more than just rewards,” leading to speculation that user behavior during the event may carry additional value in the future.
About Bumpin
Bumpin is a decentralized derivatives platform built on Solana, designed to deliver high performance, composable strategies, and fully transparent on-chain trading. The protocol supports real-time pricing, automatic clearing, and a unified margin system for diverse trading use cases.
Bumpin’s architecture includes:
– Moon : Enables up to 1000x leverage, combining Solana’s high-speed execution with Pyth oracle pricing for enhanced responsiveness and risk management
– Trade: Supports a broad range of perpetual markets, optimized for everyday trading with flexible fee mechanics including 0 opening fees on selected pairs
– Portfolio Margin: Allows unified asset collateral management and cross-market position handling
– Earn: Users can convert SPL assets into bstToken to earn LP yields while using bstToken as collateral in leveraged trading
– Dual Liquidity Pools: A two-pool system separating yield and risk via the bstToken Pool and Stablecoin Pool to sustain long-term capital allocation
All smart contracts have been fully audited by CertiK, covering core logic such as clearing, matching, collateral management, and contract permissions.
Bumpin continues to iterate through modular product design, aiming to improve on-chain derivatives efficiency and expand strategy execution capabilities for both professional traders and institutions.
Website: https://bumpin.trade
Twitter: https://twitter.com/Bumpin_Trade
Telegram: https://t.me/Bumpin_community
Audit: CertiK Skynet
Disclaimer: The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities.