> For the complete documentation index, see [llms.txt](https://docs.yellow.pro/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.yellow.pro/competitions-and-rewards/campaign-hub/yellow-perps-race-edition-ii.md).

# Yellow Perps Race (Edition II)

Trade perps to climb the leaderboard - and unlock lower fees as your volume grows. Top 15 by volume split a 12,500 USDT pool.

**Duration:** **Jun 26 → Jul 10, 2026 UTC (2 weeks)**

<figure><img src="/files/ldcqjhHgHscpiE0ybSke" alt=""><figcaption></figcaption></figure>

***

### **Overview**

<table><thead><tr><th valign="middle">Prize pool</th><th>12,500 USDT</th></tr></thead><tbody><tr><td valign="middle">Rewarded ranks</td><td>Top 15 (By Volume)</td></tr><tr><td valign="middle">Eligible product</td><td>Perpetuals only</td></tr><tr><td valign="middle">Start - End</td><td>Jun 26 – Jul 10, 2026, UTC</td></tr></tbody></table>

### **Eligibility**

* Open to any trader who joins before Jul 10, 2026 UTC.
* Only **perpetuals** trading volume counts toward this competition (not Spot).

### **How to Participate**

1. Join the Yellow Perps Race page before it closes.
2. Trade perpetuals - your volume is tracked automatically.
3. Track your rank and reward allocation on the Race page leaderboard.

### **Leaderboard Rules**

Ranked by total perpetuals trading volume (USD equivalent) since you joined.

### **Rewards & Distribution**

{% hint style="warning" icon="trophy" %}
**12,500 USDT prize pool**, split across the top 15 by volume
{% endhint %}

<table data-search="false"><thead><tr><th>Rank</th><th>Reward</th></tr></thead><tbody><tr><td>1</td><td>2,750 USDT</td></tr><tr><td>2</td><td>2,050 USDT</td></tr><tr><td>3</td><td>1,500 USDT</td></tr><tr><td>4</td><td>1,180 USDT</td></tr><tr><td>5</td><td>950 USDT</td></tr><tr><td>6</td><td>780 USDT</td></tr><tr><td>7</td><td>650 USDT</td></tr><tr><td>8</td><td>550 USDT</td></tr><tr><td>9</td><td>480 USDT</td></tr><tr><td>10</td><td>400 USDT</td></tr><tr><td>11</td><td>330 USDT</td></tr><tr><td>12</td><td>280 USDT</td></tr><tr><td>13</td><td>240 USDT</td></tr><tr><td>14 - 15</td><td>180 USDT each</td></tr></tbody></table>

***

### **Trading Fee Discount (Race Tiers)**

Joining also unlocks tiered fee discounts on perps, separate from the prize pool:

* You always pay whichever is lower - your normal VIP fee or your Race tier fee. Joining never raises your fees.
* Climb tiers by trading volume **or** by holding YELLOW - either qualifies.
* YELLOW just needs to be in your connected wallet; no deposit required.
* Discount applies to both maker and taker fees.

<table data-search="false"><thead><tr><th>Tier</th><th>Volume</th><th width="141.9140625">YELLOW held</th><th width="176.90625">Fees (maker · taker)</th></tr></thead><tbody><tr><td>Base</td><td>-</td><td>-</td><td>0.01% · 0.04%</td></tr><tr><td>VIP 1</td><td>250K</td><td>6,200</td><td>0.008% · 0.035%</td></tr><tr><td>VIP 2</td><td>1.25M</td><td>12,400</td><td>0.006% · 0.03%</td></tr><tr><td>VIP 3</td><td>3M</td><td>27,900</td><td>0.005% · 0.025%</td></tr><tr><td>VIP 4</td><td>5.5M</td><td>45,000</td><td>0.004% · 0.02%</td></tr><tr><td>VIP 5</td><td>9M</td><td>65,100</td><td>0.003% · 0.018%</td></tr><tr><td>VIP 6</td><td>13.5M</td><td>86,800</td><td>0.002% · 0.015%</td></tr></tbody></table>

***

### **Terms & Conditions**

1. We track your total trading volume in USD on perpetuals from the moment you join.
2. Scores update every minute and are reflected on the public leaderboard (UTC).
3. USDT prize pool: 12,500 - distributed to the top 15 ranks.
4. Settled within 7 days of close. Wash trading and abusive behaviour will disqualify accounts.

### FAQ's

<details>

<summary>How do Race fees work?</summary>

When you join the Race, you'll always pay the lower of the two fees: your Race fee or your current VIP fee. Joining the Race will never increase your trading fees. If your existing VIP fee is already lower, you'll continue using that rate until you reach a Race tier that offers an even better discount. \
\
You can progress through Race fee tiers by either increasing your trading volume or holding more YELLOW tokens - both methods count. Any eligible YELLOW held in your connected wallet is automatically counted, so there's no need to deposit it onto the platform. The applicable discount applies to both maker and taker fees and is available only to users who join the Race.

</details>

<details>

<summary>How is my volume counted?</summary>

Total perpetuals trading volume in USD, counted from the moment you join.

</details>

<details>

<summary>How often does the leaderboard refresh?</summary>

Every minute (UTC).

</details>

<details>

<summary>When do I get my reward?</summary>

Within 7 days after the competition ends.

</details>

<details>

<summary>Can I join after the competition starts?</summary>

Yes - your volume counter starts from the moment you join, not from the beginning of the event.

</details>

<details>

<summary>What if my account is flagged?</summary>

Wash trading or abusive behaviour may void your payout at settlement.

</details>