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Enter the lottery to win the exclusive CoinFLEX's first NFT! (Check NFTs at the bottom of the page)

Submit your email below to be notified about the AMM+ Arena launch!

And don't forget to register for an account on CoinFLEX.com

Welcome to the AMM+ Arena

WEEKLY COMPETITION REWARDS

The Arena prize pool has 3 tiers.
Each week, the Arena prize pool will fall into one of the 3 tiers based on the total trading volume of the AMMs run by all participants from the prior week.
The larger the total trading volume, the larger the prize pool!
AMM ARENA Bronze Prize
Tier 1: $3,000 USD

Trading Volume: $100M

AMM+ Arena Silver Prize
Tier 2: $5,000 USD

Trading Volume: $500M

AMM+ Arena Gold Prize
Tier 3: $10,000 USD

Trading Volume: $1B

SOLO MISSION REWARDS

Earn up to $2,000 rewards every week by meeting AMM trading volume thresholds!
Each AMM trading pair has 3 reward tiers with an increase in prizes with each tier. This means, you can earn 3x the rewards for each trading pair!

Tier 1

Earn Tier 1 rewards every week up to

$ 20 /Perp Trading Pair

  • Eligible markets: ETH, BTC, BCH, BNB, AAVE, AXS, XRP and more!

Tier 2

Earn on top of Tier 1 rewards every week

$ 50 /Perp Trading Pair

  • Eligible markets: ETH, BTC, BCH, BNB, AAVE, AXS, XRP and more!

Tier 3

Earn on top of Tier 1&2 rewards every week

$ 100 /Perp Trading Pair

  • Eligible markets: ETH, BTC, BCH, BNB, AAVE, AXS, XRP and more!

CHAMPION NFTs

The champion of each weekly Arena competition is eligible to claim the limited edition NFT for the Arena Legend that he or she chose for that week.
AMM+ Arena Legend - Arius
ARIUS
AMM+ Arena Legend - Jackauri
JACKAURI
AMM+ Arena Legend - Mordax
MORDAX
AMM+ Arena Legend - Tygrath
TYGRATH
AMM+ Arena Legend - Valeria
VALERIA
AMM+ Arena Legend - Ragar
RAGAR

CoinFLEX GENESIS NFT GIVEAWAY

CoinFLEX is issuing its very first NFT: The Genesis FLEX
To thank the community for your support throughout the past two years, we are giving away this limited edition NFT to one lucky FLEXer!
Holding this NFT will entitle you to exclusive CoinFLEX privileges in the future.
Follow the steps below to participate in the lucky draw.

Step 1: Register for an account with your email on CoinFLEX.com

Step 2: Follow our Twitter, like & retweet our post here.

Step 3: Submit your email below

Genesis FLEX NFT

1 of 100 NFT

The first 100 eligible participants are entitled to claim the exclusive Arena NFT on launch day!
AMM+ Arena participation NFT

FAQ

AMM+ Arena is the league of yield where users can maximize their AMM profits in a gamified fashion. The Arena comprises of three sections: (1) The Competition, where users compete on their AMM APRs; (2) The Mission, where users earn extra rewards when their AMM trading volume meets select thresholds; (3) Exclusive NFTs, which the weekly top 10 winners can claim.

No sign ups required. Simply create one or more AMMs with a minimum collateral value equivalent to 1,000 USD for the trading pair of your choice and you will be automatically enrolled. For Competition, the top 10 winners will automatically receive rewards every Sunday. For Solo Mission and NFTs, users have to manually claim the rewards on the Arena page.

An automated market maker (AMM) is a type of decentralized exchange (DEX) protocol that allows crypto assets to be traded in a permissionless and automatic way by using liquidity pools rather than through a traditional marketplace of buyers and sellers.

CoinFLEX’s AMM+ is a hybrid model of DeFi AMM and CeFi orderbook trading that enables anyone to earn yield on their crypto by providing liquidity into the futures markets.

The AMM+ has a number of advantages compared to other AMMs:

  • Higher capital efficiency through leverage, up to 10x
  • Multiple collateral types, enabling you to earn yield on a wide range of assets (i.e use DOGE to trade ETH pairs)
  • 0.03% FLEX rebate for each trade
Did you know?
  • Derivatives (Perpetual Futures) volumes are vastly higher than spot DEX volumes
  • Order books running on servers are 10,000x faster than Ethereum at matching trades
  • No risks of front running – MEV (miner extractable value)

The AMM+ parameters are highly customizable. There are three strategies - Buy, Sell and Neutral - that users can choose from based on their market view. AMM+ allows passive liquidity providers (LPs) to compete with professional traders, and offers users an opportunity to earn even higher returns than those found on traditional DeFi platforms.

For enquiries, please visit our official channels:

Competition

Competition Flow

  1. Select a legend and input your unique handle for this competition round.
  2. Create an AMM position with a minimum of 1,000 USD worth of crypto assets.
  3. Compete with other participants for the highest APR on your AMM.
  4. Reward distribution: 
    1. The top 10 winners will receive rewards automatically on Sunday UTC at 11:59 PM.
    2. The champion of each week can claim the unique NFT of their legend on the NFT page. 

Competition Timeline

  • The competition will run every week from Monday UTC 1:00 PM to Sunday UTC 11:59 PM.

Reward Criteria

  • There are 3 tiers of the prize pool. Each week, the prize pool will fall in one of these three tiers, based on the total trading volume of all the AMMs run by all participants from the previous week. The more the total trading volume, the larger the prize pool.
  • The prize pool is split amongst the top 10 winners in the following manner: 

1st 30%

2nd 20%

3rd 12%

4th 10%

5th 8%

6th 6%

7th 5%

8th 4%

9th 3%

10th 2%

  • The champion of each week can claim the NFT of their legend on the NFT page.
  • Participant APR calculations are done using the following formula: (FLEX Reward + Realized USD Profit) / Initial Collateral Amount x 365/7

Registration Criteria

  • No sign ups required. You are automatically enrolled in the competition once you have created an AMM during the competition period with a minimum collateral value equivalent to 1,000 USD. 
  • Users can join with multiple AMMs. However, only the 5 top-performing AMMs will be counted as eligible in the rankings.

 

Mission

Participation Flow

  1. Create one or more AMMs with a minimum collateral value equivalent to 1,000 USD in the market of your choice. 
  2. Once your AMM trading volume has passed a certain threshold and reached a certain ‘tier’, you can claim the corresponding reward. 

Reward Criteria

  • You can claim your reward once your AMM trading volume has passed the threshold required in a particular tier. 
  • If you forget to claim this week’s reward, you have an additional week to claim it here.
  • Each trading pair will have between 2-3 tiers with an increase in prizes at each tier, meaning you can earn rewards 2-3 times for each trading market as long as you satisfy the required trading volume of the corresponding tiers.

Participation Criteria

  • No sign ups required. You are automatically enrolled in the competition once you have created an AMM during the competition period with a minimum collateral value equivalent to 1,000 USD. 
  • Users can join with multiple AMMs. 

Mission Calendar

  • Similar to the competition, Missions are running every week from Monday UTC 12:00 AM to Sunday UTC 11:59 PM

 

NFTs

Reward Criteria

  • The first 100 participants who have created an AMM position with a minimum collateral value equivalent to 1,000 USD will be eligible to claim the AMM+ Arena NFT. 
  • The champion of each week will be eligible to claim the NFT of the Arena Legend he or she chose that week. 
  • Each legend has 5 unique NFT editions, meaning each legend can be claimed 5 times in total. 
  • If you are eligible to claim an NFT, you will have to fill in your email and provide an active Ethereum address. CoinFLEX will then transfer the NFT to said address, and you can view it on OpenSea
  • CoinFLEX will send a confirmation email with TXID to those who have claimed the NFT.
  • All the NFTs issued by CoinFLEX can be viewed on OpenSea.

Terms and conditions

  • CoinFLEX reserves the right to disqualify a user if they engage in any inappropriate, dishonest, or abusive activities during the competition
  • CoinFLEX reserves the right of final interpretation of the Terms & Conditions and the right of cancellation or amendment of the campaign at our sole discretion

PROHIBITED COUNTRIES

American citizens and residents of the United States of America and any other Countries that are restricted from trading on our platform are prohibited from holding positions or entering contracts at CoinFLEX.