NEW! Referral PNL Challenge

We’re thrilled to launch a brand-new event for new referrals — with a $5,000 USDT prize pool up for grabs! The challenge starts NOW and ends Monday, September 8th 12 AM UTC.

🔑 How to Participate

As a new user:

  1. Join Rails through a referral link between now (Aug 29th) and the end of the challenge.

  2. Complete at least 10 trades over 3+ days during the challenge window

  3. Rewards are based on realized PNL (not unrealized gains)

As an existing user:

  1. Share your referral code. That's it!

  2. Optional: Tag @rails_xyz on an X post to spread the word and increase your chances of winning.

Reward Structure

Reward
Amount
Details

Referral Participation Rewards

2,000 USDT

The first 100 new referrals to sign up and earn $50+ realized $PNL will each receive $20 USDT.

Top Performing Referrals

2,000 USDT

New referrals with the highest realized $PNL during the challenge have an extra chance to win rewards:

  • Top 5: $200 each

  • Ranks 6–15: $100 each

You only need to be in the top 5-15 of your referral group, not the overall leaderboard.

Top Referrer Bonus

500 USDT

Earn $500 for the most qualifying referrals! To qualify, referrals must sign up during this challenge and achieve at least $50 in realized PNL.

Random Bonus

500 USDT

10 lucky winners will be randomly drawn from all qualified participants to win $50 USDT each. To qualify:

  • Join the Referral PNL Challenge as a new or existing user/referee!

  • Post your results or a shoutout to Rails on X/Twitter (username visible!)

Rewards will be distributed by 5pm EST on September 10th, 2025.

What if I realize a profit of $50 then suffer a loss?

In the competition, the first 100 referrals to achieve a $50 realized PNL qualify for Referral Participation Rewards. This qualification stands regardless of their end balance. If you earn $50, then lose $100, you still qualify.

The final realized $PNL for the competition week (September 1st, 12:00 AM UTC - September 7th, 11:59 PM UTC) determines who earns the Top Performing Referrals. Track your progress throughout the week on our $PNL leaderboard. If you earn $50, then lose $100, you will not place in the top 15.

📣 Extra Perks for Referees

Driving serious referral volume? You may also qualify for affiliate rewards based on the fees your referrals pay. Learn more here.

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