The crypto exchange OKX, together with the analytical platform TradingView, is launching a large-scale trading tournament, "Race for a Million x2." This is not just another competition—the organizers have created a hybrid format, combining the cryptocurrency and stock markets in a single event. Participants will face two independent rankings and a total prize pool exceeding 1,000,000 USDT. In addition to cash payouts, traders will also compete for TradingView subscriptions and invitations to a closed VIP event hosted by OKX.
Tournament Mechanics and Rules
The key feature is the division into two categories. The first ranking is based on the volume of cryptocurrency trading on spot and derivatives. The second is based on trades with xStocks (tokenized stocks) and perpetual futures on stock instruments. A participant can compete in both categories simultaneously, increasing their chances of receiving payouts from two independent prize pools.
To qualify for the cryptocurrency ranking, you must trade at least 1,000,000 USDT in volume, excluding xStocks and stock futures. The threshold for the stock category is lower—from 100,000 USDT in xStocks and perpetual futures. A mandatory condition is having at least 100 USDT on the balance at the start of the main stage.
Registration is open from August 25 to September 30, 2026, and the trading stage will run from September 1 to September 30, 2026. All periods are calculated according to 15:00 Moscow time. An important nuance: the tournament will only take place if at least 100 qualified participants are registered.
Prize Pool Distribution
The main cash prize of 900,000 USDT is awarded in the cryptocurrency ranking among the top 50 traders. The winner will receive up to 270,000 USDT, and the distribution is structured so that the lion's share of the pool goes to the top five. The table below shows the exact breakdown by position:
| Place | Share of Pool | Maximum Prize |
| 1st place | 30% | up to 270,000 USDT |
| 2nd place | 20% | up to 180,000 USDT |
| 3rd place | 15% | up to 135,000 USDT |
| 4th place | 10% | up to 90,000 USDT |
| 5th place | 5% | up to 45,000 USDT |
| 6th–10th places | 2% each | up to 18,000 USDT |
| 11th–50th places | 0.25% each | up to 2,250 USDT |
The second prize pool—100,000 USDT in the xStocks category—is distributed among the top 10 traders. The leader will receive up to 25,000 USDT. Payouts are credited as trading bonuses, which can be used as margin, as well as to pay fees, funding, and cover realized losses.
Bonuses and Additional Rewards
In addition to cash prizes, OKX is giving away 50 TradingView subscriptions. Five annual Ultimate subscriptions will go to the leaders—for 1st–3rd places in the crypto ranking and 1st–2nd places in the stock category. Another 15 annual Premium subscriptions will go to participants ranked 4th–15th in the crypto ranking and 3rd–5th in the stock ranking. The remaining 30 monthly Premium subscriptions will be split between positions 16–40 in crypto and 6–10 in xStocks.
A separate reward—10 USDT for the first 500 traders who link their OKX and TradingView accounts and execute at least one trade through the service's interface. Leaders of both rankings will also receive invitations to a closed VIP event hosted by OKX.
Participation Conditions and Restrictions
Both new and existing OKX users with a fee level from VIP 1 to VIP 8 are eligible to participate. Access is geographically restricted—users from countries listed in clause 2.2 of the OKX Terms of Service are not allowed to join the campaign. To participate, you must click the "Participate" button, complete KYC, and maintain at least 100 USDT on your balance.
The organizers warn against multi-accounting, wash-trading, and other manipulations. Violators will be disqualified and stripped of rewards. Payouts are issued within 15 business days after the tournament ends.
Expert perspective: OKX is once again demonstrating the trend toward gamification in trading. The synergy of crypto and stock instruments in a single tournament is not just a marketing move, but also a signal of growing demand for diversified assets. However, traders should remember: high bonuses often provoke excessive risk. Participating in such races requires cold calculation, not excitement.