Let's Go Saicho
Sai Trading Competition: $25,000 Prize Pool with Two Exciting Phases
We're excited to announce Sai's Trading Competition — a one-month onchain trading competition, running from February 18 to March 19, 2026 designed to reward active traders on Sai. Whether you're a seasoned perpetuals trader or new to the platform, this competition offers something for everyone.
Competition Dates: February 18 - March 19, 2026 Total Prize Pool: $25,000 Entry: Automatic — just start trading on Sai!
A prize pool of $25,000 will be split into two categories over the duration of the campaign. The competition is divided into two phases (two weeks each), alternating focus: one phase will reward traders with the highest PNL, and the other will reward early participants of the platform. The dual structure ensures both skilled profitable trading and high engagement are rewarded. Both new and experienced traders are encouraged to participate and showcase their trading prowess, as every trade (win or lose) can contribute towards rewards in the volume category, while net profitable trading is recognized in the PNL category.
The Competition Structure
Sai's competition features a dual-phase design that rewards two different trader profiles: those with exceptional trading skill, and those committed to building volume on the platform.
Phase 1: PNL Competition (Feb 18 - March 4)
Reward Pool: $20,000 | Winners: Top 50 Traders by Profit
Phase 1 rewards traders who demonstrate strong trading skill and strategy. Participants are ranked by percentage profit-and-loss (ROI) — measuring performance relative to starting capital, not absolute size. This means a 50% gain on a $500 account can outrank a 5% gain on a $50,000 account. Only closed positions count toward PNL (unrealized gains don't count until the trade is closed).
Prize Distribution (Phase 1)
Rank 1
$6,250
$1M+
Rank 2
$3,125
$1M+
Rank 3
$1,250
$1M+
Rank 4-10
$625 each
$50K+
Rank 11-50
$250 each
$50K+
Phase 1 Eligibility Requirements
To qualify for Phase 1 rewards:
Minimum cumulative trading volume: $50,000 (or $1M+ for top 5 consideration)
Minimum percentage PNL: +4%
Minimum absolute PNL: $100 total profit
Additional minimums by rank:
Ranks 1-3: Minimum $100 PNL
Ranks 4-10: Minimum $50 PNL
Ranks 11-50: Minimum $25 PNL
Why percentage PNL? This metric rewards trading skill and strategy over capital size. It encourages thoughtful risk management and disciplined decision-making — exactly what sustainable trading is built on. The use of percentage PNL means that the focus is on trading skill and strategy rather than sheer size of capital - a 50% gain on a small account (provided the small account achieves a minimum ROI of at least $100) ranks higher than a 5% gain on a large account. This phase encourages strategic trading, risk management, and profitable decision-making.
Phase 2: Be Early Competition (March 5 - March 19)
Reward Pool: $5,000 | Winners: First 50 Traders to Reach Volume Goal Prize Per Winner: $100 (split evenly among all 50 qualifiers)
Phase 2 takes a different approach: first come, first serve. The focus shifts from profitability to participation. The first 50 traders to accumulate $10,000 in trading volume during this two-week window earn an equal share of the prize pool. Traders will be eligible once they've reached a minimum of $10,000 in total trading volume over the period (March 5 - March 19). This will be done on a (FCFS) First Come, First Serve basis.
Phase 2 Eligibility Requirements
Minimum trading volume: $10,000
Timeline: March 5 - March 19, 2026
Allocation: First 50 qualifiers split $5,000 evenly ($100 each)
Why this phase? We want to encourage all trader types — from conservative volume builders to high-frequency traders — to engage with Sai. Low barriers to entry mean more participants can earn rewards. The goal here is to introduce a low-barrier entry for all trader types.
What You Can Trade
Eligible Markets & Collateral: All markets on Sai are eligible for both phases. Trade any direction you believe in:
Go long or short on any listed trading pair
Use any supported collateral: USDC, stNIBI, or other platform-supported assets
All markets count: Whether you're trading major pairs like BTC/USD and ETH/USD, or emerging assets, all volume and PNL contribute to competition standings
How Leaderboards Work
Both PNL and volume leaderboards update regularly (daily or in real-time on the platform dashboard) so you can track your standing throughout the competition. Check the Leaderboard tab in the Sai app to monitor your progress. The competition leaderboards (for both PNL and Volume) will be updated regularly (e.g., daily or in real-time on the platform's dashboard) so participants can track their standings.
Rules & Integrity
Sai's (Let's Go Saicho) competition will enforce rules against abusive practices and set minimum requirements for trades to qualify. To keep the competition fair and protect all participants, Sai enforces strict rules against abusive practices:
What's Prohibited
Sybil attacks: One account per person. Multiple accounts by the same individual are strictly forbidden. Any form of sybil attack (using multiple accounts by the same person) is strictly prohibited. Only genuine, unique user accounts will be eligible for prizes.
Wash trading: Self-dealing and coordinated trades between accounts to inflate volume or PNL will result in immediate disqualification. No wash trading or fake volume generation is forbidden. Trades must reflect authentic market activity. Self-trades or coordinated trades between colluding accounts to inflate volume or PNL will result in immediate disqualification.
Fake volume: Trades must reflect authentic market activity. Coordinated volume inflation is prohibited.
Malicious bots: While algorithmic trading is permitted, bots that engage in prohibited tactics will have their trades voided. While algorithmic trading isn't outright banned, any malicious bot-driven manipulation of the competition is prohibited. Fair-use trading bots are allowed, but if they are detected to engage in the above forbidden tactics, those trades will be void.
Rapid round-trip trades: Extremely fast open-close cycles solely to game volume metrics are not allowed.
What's Allowed
Fair-use trading bots: Algorithmic strategies are welcome — as long as they follow the spirit and letter of the rules.
Genuine volume: All authentic, non-collusive trading counts toward your standings.
Minimum Position Holding Time
For the volume phase (Phase 2), a minimum position holding time (e.g. at least 10-20 minutes) may be required for a trade to qualify. This discourages instantaneous round-trip trades purely to inflate volume. (No holding minimum is required in the PnL phase beyond what's needed to close a trade with profit/loss, but extremely rapid open-close cycles solely to game volume are not allowed.)
Reward Distribution & Payouts
Announcement: Winners will be announced after the trading competition (sometime after March 20th). At that time, instructions will be provided on how to receive rewards.
Payout Timeline: Prize payouts (from the $25k pool per phase) will be distributed promptly after the competition (for instance, within one week of March 20 for the second phase, and similarly after March 4 for the first phase).
Distribution Method: Prize instructions will be provided after competition concludes
Important Note: If there are less qualified participants than prizes available, then all qualifying participants shall earn a prize, and Sai's team reserves the right to distribute the prizes to the next most qualified participants, or not at all, as it sees fit. Thus, if an insufficient number of qualified people participate, it is possible that the entirety of the planned prize pools are not distributed.
Eligibility & Legal Requirements
Who Can Participate?
How to Enter: Any user of the SAI platform is automatically entered into the competition.
Participant Eligibility: The competition is open to all traders who are at least 18 years of age and not residents of restricted jurisdictions. US residents and those in sanctioned regions are NOT eligible to participate. By entering, participants confirm they are abiding by all local laws and the platform's terms of use.
Competition Duration: The competition will start on 00:00 UTC and ends at 23:59 UTC on the dates prescribed.
Phase 1: February 18th to March 4th 2026
Phase 2: March 5th to March 19th 2026
By entering the competition, you confirm that:
You are of legal age to participate
No jurisdiction with authority over you prohibits your participation
You understand and accept Sai's Terms of Use and Privacy Policy
Risk Acknowledgment
Participation is at User's Own Risk: Trading, especially perps trading, is inherently risky. Your participation in this competition is at your own risk. You disclaim and release any claims from any legal action taken by or upon you through your use of the SAI platform. SAI is not responsible in any way for loss of assets or value. If you are not experienced with similar trading platforms, you should not participate. Even experienced users may lose all of their cryptocurrency assets or value.
You acknowledge that:
Sai is not responsible for loss of assets or value
You may lose your entire cryptocurrency holdings
If you're inexperienced with perpetuals trading, you should not participate
Even experienced traders can lose all assets
Tax & Legal Responsibility
You Are Responsible for Your Own Legal and Tax Situation: You understand, acknowledge, and agree that you are responsible for any tax or legal issues that result in your participation in the competition. In participating, you represent that no jurisdiction with authority prohibits your participation.
You are solely responsible for:
Any tax implications resulting from competition participation and prizes
Compliance with local regulations in your jurisdiction
Understanding the legal implications of receiving competition prizes
Terms of Use and Privacy Policy
SAI's Terms of Use and Privacy Policy Apply: If you do not agree to SAI's Terms of Use and Privacy Policy, then you must not participate in the competition. Sections 21 to 25 of SAI's Terms of Use (INDEMNIFICATION, GOVERNING LAW & JURISDICTION, ARBITRATION; CLASS ARBITRATION WAIVER, LIMITATION ON TIME TO FILE CLAIMS, AND WAIVER & SEVERABILITY) specifically are incorporated by reference herein and apply to this competition.
Sai's Terms of Use apply fully to this competition, including sections 21-25 (Indemnification, Governing Law & Jurisdiction, Arbitration, Class Arbitration Waiver, Limitation on Time to File Claims, and Waiver & Severability).
Agreement Supersession
These Terms Supersede Promotional Statements: These terms, along with the SAI Terms of Use and Privacy Policy, are the only agreement between us and you. Promotional statements by any party do not constitute an agreement.
Sai's Authority
SAI is Sole Decision Maker: SAI reserves the right to disqualify any participant for not following the spirit or the letter of the rules of this competition. SAI reserves the sole and absolute right to disqualify any participant that it deems ineligible for participation for any reason at its sole discretion. This includes, but is not limited to, violating these rules, the terms and conditions of SAI and any other conduct that SAI consideres inappropriate or unacceptable. All decisions of SAI shall be final.
Integrity and Auditing: Sai's team will closely monitor the competition. Any participant found engaging in prohibited behavior (sybil attacks, wash trading, etc.) will be immediately disqualified and forfeit any rewards. The organizers reserve the right to audit trading activity and adjust or remove suspicious entries to ensure fairness. This policy is essential to maintain a level playing field and uphold the integrity of the competition.
Sai reserves the absolute right to:
Disqualify any participant for violating these rules or the spirit of fair competition
Audit trading activity and remove suspicious entries
Disqualify participants for any reason deemed appropriate at Sai's sole discretion
Adjust or void suspicious trades to maintain integrity
All decisions made by Sai are final.
Competition Timeline
February 18th, 2026
Phase 1 Begins (PNL Competition)
March 4th, 2026
Phase 1 Ends
March 5th, 2026
Phase 2 Begins (Be Early Competition)
March 19th, 2026
Phase 2 Ends
How to Get Started
Visit Sai: Head to app.sai.fun
Connect Your Wallet: Link your Web3 wallet (MetaMask, Phantom, or similar)
Deposit Collateral: Fund your account with USDC, stNIBI, or supported assets
Start Trading: Open positions on any market and begin accumulating volume or PNL
Monitor Progress: Check the leaderboard dashboard to track your standing in real-time
You're automatically entered once you make your first trade — no separate registration needed.
FAQ
Can I participate from the United States?
No. US residents and those in sanctioned regions are not eligible to participate. Check our eligibility section above for a full list of restrictions.
Can I participate with multiple accounts?
Absolutely not. One account per person. Multiple accounts by the same individual result in immediate disqualification and removal from all prize considerations.
Do I need to be profitable to earn rewards in Phase 2?
No. Phase 2 rewards are based solely on trading volume ($10K minimum), regardless of whether those trades were profitable. You can lose money on trades and still qualify for the $100 reward — it's purely volume-based. However, it's first come, first serve: only the first 50 traders to hit the $10,000 volume threshold will qualify for rewards. Additionally, the volume must be from genuine trading activity — wash trading, self-dealing, or fake volume generation is strictly prohibited and will result in immediate disqualification.
Can I use a trading bot?
Yes, fair-use algorithmic trading is permitted. Bots are welcome as long as they don't engage in wash trading, sybil attacks, or other prohibited tactics. If your bot follows the rules, go ahead and automate your strategy.
Do all markets count toward my volume and PNL?
Yes. All markets on Sai are eligible for both phases. Trade BTC, ETH, emerging assets — it all counts toward your standing.
When will I receive my prizes?
Payouts will be distributed sometime after the competition ends. Instructions on how eligibile winners can claim prizes will be provided after the trading competition concludes.
What if not all 50 prize slots in a phase are filled?
Sai reserves the right to distribute remaining prizes to the next most qualified participants, or may choose not to distribute unused portions of the prize pool.
How do I enter the competition?
Just start trading! Visit app.sai.fun, connect your wallet, deposit collateral, and make your first trade. You're automatically entered — no separate registration needed.
What collateral can I use?
You can deposit USDC, stNIBI, or other platform-supported assets. Check the Sai app for the full list of supported collateral.
How do I track my progress?
Both PNL and volume leaderboards update regularly on the platform. Check the Leaderboard tab in the Sai app to monitor your standing in real-time throughout the competition.
Questions?
For more details on Sai's trading mechanics, collateral options, and market listings, explore the Sai documentation.
Follow us for competition updates and real-time announcements:
X / Twitter: @SaiDotFun
Telegram: Join our community
Ready to trade? Head to app.sai.fun
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