# King of Deals ### πŸ‘‘ King of Deals Challenge Launched! Get ready to claim your crown!\ \ Traders will compete for **1,000 USDT** and 1**,000,000 ELT Points** by making the **most qualified trades** and generating the **highest trading volume** across Electra. Stay tuned for the official start date on the landing page β€” and start preparing your strategy. *** #### πŸ’° Prize Pool Highlights **Total Rewards:** 1,000 USDT + 1,000,000 ELT Points **πŸ’΅ USDT Prizes (Most Trades)** πŸ₯‡ 1st Place β€” 250 USDT\ πŸ₯ˆ 2nd Place β€” 150 USDT\ πŸ₯‰ 3rd Place β€” 100 USDT\ πŸ… 4th Place β€” 50 USDT\ πŸŽ– 5th–10th Places β€” 30 USDT each\ 🎯 11th–37th Places β€” 10 USDT each **πŸͺ™ Points Prizes (Highest Volume)** πŸ₯‡ 1st Place β€” 70,000 ELT Points\ πŸ₯ˆ 2nd Place β€” 50,000 ELT Points\ πŸ₯‰ 3rd Place β€” 30,000 ELT Points\ πŸ… 4th–10th Places β€” 20,000 ELT Points each \ πŸŽ– 11th–50th Places β€” 10,000 ELT Points each \ 🎯 51st–100th Places β€” 4,000 ELT Points each \ ✨ 101st–151th Places β€” 2,000 ELT Points each
*** #### βš™οΈ Trade Qualification Rules To ensure fair play and genuine competition: * Minimum trade size: **100 USDT** (or equivalent; may rise to 200 USDT). * Minimum interval between trades on the same pair: **10 seconds**. * Minimum position holding time: **10 seconds** (or β‰₯ 1 block). * **Self-trades, wash trading, or coordinated orders** = disqualification. * Only **real market trades** involving risk are counted (no internal transfers). *** #### ⚑ Get Ready Sharpen your trading strategy and diversify your pairs β€”\ the **King of Deals Challenge** is just around the corner.\ **Coming soon to Electra. πŸ‘‘πŸ’ΌπŸ“ˆ** --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://docs.electra.exchange/electra-tournaments/king-of-deals.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.