# Leaderboard Overview

The Rails Leaderboard showcases top traders competing in ongoing trading challenges. It ranks participants based on key metrics like $P\&L, % P\&L Growth and Volume. Updated in real-time, so you can track your performance, climb the ranks, and compete for rewards.

Access the Leaderboard by clicking **Leaderboard** at the top of the platform, or by accessing it [here](https://trade.rails.xyz/leaderboard).

## Leaderboards

This is a real time graphic that displays all three of our weekly leaderboards. Users can select to view the current week, previous week or lifetime (All) results.

{% hint style="info" %}
The lifetime (All) view is for reference and bragging rights only and is not tied to any rewards. 
{% endhint %}

<figure><img src="https://1893902947-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FvoJ4s2ha99AB453yyXn5%2Fuploads%2FyJCiWcrwQ1fpxe1IfBwm%2FCleanShot%202026-01-12%20at%2018.07.19%402x.png?alt=media&#x26;token=8d1da537-453f-4e91-a2b7-6cea5c04e1c4" alt=""><figcaption></figcaption></figure>

#### **Total P\&L ($P\&L)**

Ranks users based on their total absolute P\&L within the week (i.e. total realized P\&L, including funding payments but not including fees).

$$
Total \ P\&L =Absolute\ P\&L\ During\ Period  + Total \ Funding \ Payments \ During \ Period
$$

#### **P\&L Growth (%P\&L):**

Ranks users by their realized P\&L growth within the week. Deposits made during the competition period are incorporated to fairly account for risk exposure based on the actual capital at risk over time.&#x20;

$$
P\&L \ Growth= \Bigg ({Absolute\ P\&L\ During\ Period \over max(500,Starting\ Balance + Time \ Weighted \ Deposits}  \Bigg )
$$

Where:

* $$\text{Time Weighted Deposits} = \sum \left( \text{deposit amount}\_i \times \max!\left( \tfrac{3}{7}, \tfrac{\text{minutes remaining}\_i}{\text{total competition minutes}} \right) \right)$$
* $$i$$ represents each individual deposit made during the competition period

{% hint style="warning" %}
**Note:** We have set minimum thresholds of $500 for starting balance and $$\tfrac{3}{7}$$for time weighted deposits to promote a fair competition environment.  Any deposits made after Friday 12:00 AM UTC will be counted the same as if they were deposited exactly at Friday 12:00 AM UTC.
{% endhint %}

#### **Trading Volume**

Rank users by their total trading volume during the competition period.