Announcements [Phase 2] Red Bull Racing Tour: Win Live Race Tickets & Share a 20,000 GT Prize Pool

[Phase 2] Red Bull Racing Tour: Win Live Race Tickets & Share a 20,000 GT Prize Pool

2025-07-09 07:00:03 UTC 75735 Read

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To support the Red Bull Racing Team in the 2025 Grand Prix, Gate is excited to launch the "Red Bull Racing Tour" trading event. Participants get a chance to win live F1 Grand Prix race tickets and share a total prize pool of up to 20,000 GT.

**Event Period**
**Registration: July 9, 08:00:00 (UTC) – August 10, 15:59:59 (UTC)
Competition: July 11, 08:00:00 (UTC) – August 10, 15:59:59 (UTC)**

**Event Rewards**
The prize pool will dynamically grow based on total trading volume from event participants, including both spot and futures trading volumes. Spot trading volume will be weighted with a 1.5x multiplier in volume calculation. The higher the trading volume, the larger the prize pool.
Specifically, the **Top Trader Leaderboard** represents 70% of the prize pool, with the Top 1 trader eligible for an **F1 race ticket** .
**The Top ROI Leaderboard accounts for 20% of the prize pool;** **the Mileage Leaderboard** accounts for 10% of the total prize pool. Participants on the Mileage Leaderboard earn mileage by completing tasks and will share this pool proportionally based on their accumulated mileage. The final prize pool amount will be determined by the total effective trading volume.

| **Futures Trading Volume (USDT)** | **Total Prize Pool Unlocked (GT)** |
| :--- | :--- |
| 10,000,000,000 | 1,000 |
| 20,000,000,000 | 3,000 |
| 30,000,000,000 | 5,000 |
| 50,000,000,000 | 8,000 |
| 100,000,000,000 | 20,000 |

**Newcomer Rewards**
New users who signed up for Gate and registered for the Tour will receive a 10 USDT Futures Voucher. Limited to 500 users daily, distributed on a first-come, first-served basis.

**Daily Sharing Bonus**
Complete daily sharing tasks to earn an additional 10 USDT Futures Voucher. Limited to 500 users daily, first-come, first-served.

**Top Trader Leaderboard** Registered participants will be ranked by their total trading volume during the event. This leaderboard accounts for 70% of the prize pool, up to 14,000 GT. The top 50 users share 80% of this pool based on rank, while others share 20% proportionally by trading volume. The top 3 receive additional bonuses. Details are as below:

| **Ranking** | **Rewards %** | **Estimated Max Reward (GT)** |
| :--- | :--- | :--- |
| TOP 1 | 20% | **2,800 GT + F1 Live Race Ticket** |
| TOP 2 | 15% | **2,100 GT** |
| TOP 3 | 10% | **1,400 GT** |
| Top 4–20 | 20% | **Equally share the 2,800 GT prize pool** |
| Top 21–50 | 15% | **Equally share the 2,100 GT prize pool** |
| Top 50 and below | 20% | **Share the 2,800 GT prize pool** |

**Top ROI Leaderboard** Registered participants will be ranked by futures ROI during the event. This Leaderboard represents 20% of the prize pool, with up to 4,000 GT rewards.

| **Ranking** | **Rewards %** | **Estimated Max Reward (GT)** |
| :--- | :--- | :--- |
| TOP 1 | 20% | **800 GT** |
| TOP 2 | 15% | **300 GT** |
| TOP 3 | 10% | **200 GT** |
| Top 4–20 | 20% | **Equally share the 400 GT prize pool** |
| Top 21–50 | 15% | **Equally share the 300 GT prize pool** |
| Top 50 and below | 20% | **Share the 400 GT prize pool** |

**Mileage Leaderboard**
During the event, all registered users can earn mileage by completing various tasks. Rewards will be distributed based on each user's share of total accumulated mileage, with up to 2,000 GT available in this prize pool (10% of the total). Tasks include **sharing, inviting friends, daily tasks, newcomer benefits, VIP-exclusive tasks, and Gate Alpha tasks. Users can participate freely in different kinds of tasks—no conditions required.**

| **Ranking** | **Rewards %** | **Estimated Max Reward (GT)** |
| :--- | :--- | :--- |
| TOP 1 | 10% | **200 GT** |
| TOP 2 | 7% | **140 GT** |
| TOP 3 | 5% | **100 GT** |
| Top 4–20 | 10% | **Equally share the 200 GT prize pool** |
| Top 21–50 | 8% | **Equally share the 160 GT prize pool** |
| Top 50 and below | 60% | **Share the 1,200 GT prize pool** |

**Reminders:**
1. If using Classic Account during both registration and event:
Futures Profit = Ending Unrealized PnL - Starting Unrealized PnL + Total Realized PnL during the Event
Futures ROI = Futures Profit / (Initial Futures Account Assets + Futures Account Transfers-In during the Event) × 100%
Spot Trading Volume = Actual Spot Trading Volume × 150%
2. Unified Account Users (or those who upgrade to Unified Account during the event):
Futures Profit = Ending Unrealized PnL – Starting Unrealized PnL + Total Realized PnL during the Event
Futures ROI = Futures Profit / (Starting Account Equity + Total Deposits during the Event) × 100%
Accepted Deposit Methods: Debit/credit card, bank transfer, P2P, bulk trade, Gatecode, or on-chain deposit
*Note: If your Unified Account or Futures Account asset value is below 100 USDT when registering, it will be treated as 100 USDT for ROI calculation.

Event Rules
1. All users must click "Register Now" to complete the registration process. Registered users are eligible to receive multiple types of rewards.
2. New users are defined as those who sign up for Gate for the first time after the event starts and complete registration for the event. New User Benefits are limited to one claim per user and are distributed on a first-come, first-served basis—500 available each day.
3. The following account types are not eligible to register: API users, VIP 15 and above, market makers, enterprise or institutional accounts, and sub-accounts.
4. Rewards for Mileage Leaderboard will be calculated as: (User's Total Mileage during the Event / Total Mileage of All Users during the Event) × Mileage Leaderboard Prize Pool Size (up to 500 GT).
5. To qualify for the Top ROI Leaderboard, users must have a futures trading volume over 20,000 USDT and a positive ROI (>0).
6. USDC/USDT and FDUSD/USDT do not count toward the event's trading volume.
7. Mileage rewards will be distributed within 1–3 hours after task completion. Please check your account 3 hours after completing a task.
8. Users participating in multiple similar Gate events will only receive rewards from one event.
9. Rewards will be distributed within 14 working days after the event ends. Rewards less than 0.05 GT will not be issued.
10. To qualify as a valid invitation, invited friends must sign up for Gate, register for the event, and complete any futures trade.
11. Physical rewards will be airdropped to users via the <a href="https://www.gate.com/shop" target="_blank">Gate Shop</a> . Please claim your reward within the valid period—expired rewards will be deemed forfeited. Once an order is placed, the product details and shipping information cannot be changed, so please ensure all info is correct before submitting (for clothing items, double-check sizing; contact customer support if needed). Rewards cannot be returned or exchanged once shipped. If incorrect, incomplete, or unreachable shipping details are provided, or the user refuses delivery, or asks for a return, the reward will be forfeited. Rewards will be shipped within 60 days after submission of shipping info—please monitor your tracking. If the reward cannot be delivered due to logistics issues, it will be replaced with an equivalent <a href="https://www.gate.com/help/guide/reward_center/28832" target="_blank">Point</a> (valid for 30 days). If the reward is out of stock, an equivalent item will be substituted.
12. If any cheating behavior is detected, including but not limited to wash trading, self-trading, market manipulation, or bulk registration, Gate reserves the right to disqualify users and may impose bans depending on the severity.
13. Batch registrations, malicious wash trading, self-buying and selling, or mutual wash trades are strictly prohibited. Sub-accounts and main accounts with the same ID information will be considered as one participant. Sub-account trading volume will not count towards the main account, and sub-accounts cannot participate in the event.
14. In case of any discrepancy between translations and English, the English version shall prevail.
15. Gate reserves the final right of interpretation.
16. This event is not affiliated with Red Bull.
17. Residents from the United Kingdom and other restricted locations have no access to all or parts of the services (including participating in activities, games and contests). For more information about restricted locations, please refer to the <a href="https://www.gate.com/user-agreement" target="_blank">User Agreement.</a> Please note that we do not intend to solicit or conduct marketing towards customers in these areas.

<sp>
Gate Team
Jul 9th, 2025
<sp>
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[Phase 2] Red Bull Racing Tour: Win Live Race Tickets & Share a 20,000 GT Prize Pool

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