Bloxwap is running a Season 01 prize pool: up to $250,000, paid in USDC to the top 100 eligible traders on the Bloxwap leaderboard. Rankings depend on the revenue each trader generates for Bloxwap.
This is a plain-language summary. The full, binding details live in the official rules, which always control if anything here is unclear or out of date.
What it is
The prize pool is capped at $250,000, paid in USDC, a stablecoin designed to track the US dollar. Prizes arrive on Hyperliquid Core, or HyperCore, where your trading balance is held.
Entry requires trading activity. Winners are ranked by points, not selected through a random drawing.
Where the money comes from
The pool is funded entirely by builder fees, the portion of each trading fee paid to Bloxwap for routing the order. Viewing the app or leaderboard requires no purchase or deposit. Qualifying requires trading, which incurs fees and carries a risk of loss.
How scoring works
Your rank is based on points:
You earn 1 point for every $1 of revenue your trading generates for Bloxwap.
That revenue is mostly the builder fees you pay through Bloxwap, plus any referral rebates Hyperliquid routes to Bloxwap for your trades. More trading volume means more fees, which means more points.
The public leaderboard is the official scoreboard. It updates on a regular schedule (small delays are normal) and ranks everyone by points, highest first.
The prizes
At season close, the top 100 eligible traders share the pool on these tiers:
| Rank | Prize each |
|---|---|
| 1 | $50,000 |
| 2 | $25,000 |
| 3 | $25,000 |
| 4-10 | $10,000 |
| 11-50 | $1,500 |
| 51-100 | $400 |
Those add up to the full $250,000. If the pool ends below $250,000, every prize is scaled down by the same percentage. For example, if the pool reaches $200,000 (80% of the cap), first place pays $40,000 instead of $50,000, and so on down the list. The percentages are fixed, not the exact dollar figures.
How to qualify
To be eligible you need to meet these essentials (the rules have the full list):
- Be a registered Hyperliquid user with a wallet that can trade.
- Enable builder fees for Bloxwap when the app asks, and keep them on for the whole season. Trades without the Bloxwap builder fee don't count. If you revoke approval or reduce it below the required rate, your wallet is removed and its points are forfeited. Re-enabling does not restore them.
- Be 18 or older, or the age of majority where you live, whichever is greater.
- Not be a citizen or resident of, or located in, a restricted jurisdiction, including the United States. You must also meet the rules' sanctions, affiliation, and other eligibility requirements.
The in-app builder-fee approval adds your wallet to the leaderboard. Wash, self-matched, and other non-economic trading does not count and may result in disqualification. Using Bloxwap's referral code is encouraged. It gives you a discount on Hyperliquid's trading fees, but it isn't required.
New to the app? Start with What is Bloxwap?.
When the season ends
The season closes when one of two things happens first:
- Bloxwap collects $250,000 in eligible builder fees, or
- a closing date that Bloxwap announces in advance.
How and when you get paid
Prizes are paid in USDC on HyperCore, sent to the same wallet that earned your points. Bloxwap aims to pay within 30 days of season close, though identity or sanctions checks can take longer. Before paying, Bloxwap may ask you to prove you control the wallet and to complete identity verification (KYC).
A word on risk
Climbing the leaderboard means trading, and trading carries real risk. Leverage magnifies losses as easily as gains. You can lose more from trading than you'd win in the pool. Only trade what you can afford to lose, and read the Risk Disclosure first.
Check your standing on the leaderboard. The official rules govern eligibility, final rankings, verification, and payouts, and may change.