- This event is only open to MEXC Elite users who received an official MEXC event email or notification. If registration is unavailable, the user is deemed ineligible for participation.
- Market makers, institutional accounts, and sub-accounts are not eligible to participate in this event.
- Users must click the Register Now button on this page to be eligible for the event.
- Futures trades with zero fees, as well as stablecoin Futures such as USDCUSDT, are excluded from the valid trading volume.
- During the event, after registration, users' first fully closed order that incurs a loss will be fully covered for the actual loss, up to 20 USDT.
- The daily first-trade coverage pool is $10,000 and will be distributed in descending order of first-order losses. Once the daily pool is fully claimed, remaining eligible participants will not receive rewards.
- During the event, participants' cumulative net liquidation losses within each 24-hour period from 16:00 (UTC) to 15:59 (UTC) the next day (calculated as total liquidation losses minus total profits) must meet the liquidation threshold to qualify for the liquidation recovery pool.
- The daily liquidation recovery pool is $10,000 and will be distributed in descending order of liquidation losses. Once the daily pool is fully claimed, remaining eligible participants will not receive rewards.
- Spin chances are updated every 5 minutes and may experience a slight delay before being credited to eligible participants after the requirements are met. Unused spins will become invalid once the event ends.
- Futures bonus rewards will be distributed within 14 calendar days after the event ends. For detailed rules, please refer to the Futures Bonus Usage Instructions.
[Coverage Rules]
• Drawing an “X% Coverage Card” means the system will randomly select X% of your first 100 orders closed at a loss during the event period for a 100% rebate.
• Example: If you have 100 orders closed at a loss during the event and draw an 8% Coverage Card, you'll get 100% back on 8 of those orders.
• Coverage is capped at 100 USDT per order.