PnL Points

PnL Points are designed to reflect active trading engagement, based on the absolute value of realized profit or loss, rather than final profitability alone.

This means that both profitable and unprofitable traders can earn PnL Points through continuous and active trading.

PnL Points are calculated in two steps: hourly scoring and daily aggregation.

Raw PnL Score (Hourly)

A Raw PnL Score is calculated once every hour.

The hourly Raw PnL Score is positively correlated with:

• Absolute realized PnL for the hour

• Based on realized PnL only

• Funding fees are excluded

• PnL Ranking Factor

• Derived from the user’s PnL ranking among all Perp traders

• Higher rankings result in a higher factor

Raw PnL Score (Hourly) increases as either realized PnL magnitude or PnL ranking improves.

Daily Aggregation

• Hourly Raw PnL Scores are summed across all hours within the same day

• This produces the user’s Raw PnL Score (Daily)

Raw PnL Score (Daily) = Σ Raw PnL Score (Hourly)

Final Daily PnL Points

• PnL Points (Daily) = Raw PnL Score (Daily)