Turkey Volume Competition #1 Rules

This Turkey Volume Competition #1 (the “Volume Competition”) is subject to the Trading Competition Terms and Conditions (the “Trading Competition Terms and Conditions”), the Promotional Terms and Conditions (the “Promotional Terms and Conditions”) and the following rules (these “Rules”):

Volume Competition Period

• This Volume Competition will start on August 4, 2022, at 17:59 UTC Time (the “Competition Start Time”) and end on August 18, 2022, at 20:59 UTC Time (the “Competition End Time”).

Eligibility Requirements

• Subject to section 1 in the Promotional Terms and Conditions, you must (a) be a resident of Turkey and (b) create an account on the dYdX protocol using one of the following links prior to the Competition End Time:

  • https://trade.dydx.exchange/u/coinmuhendisi;

  • https://dydx.exchange/r/turkiyehacimagustos; 

  • https://dydx.exchange/r/hosgeldinturkiye;

  • https://trade.dydx.exchange/r/NTHPFPRP;

  • https://trade.dydx.exchange/r/MWOZESST; 

  • https://trade.dydx.exchange/r/BEQROCNE; or

  • https://trade.dydx.exchange/r/NNKTJIPW.

• YOU CAN ONLY PARTICIPATE IN THIS VOLUME COMPETITION WITH ONE (1) ACCOUNT. Using multiple dYdX accounts to participate in this Volume Competition, or violating or using fraudulent methods or otherwise attempting to circumvent these Rules may result in disqualification at the sole discretion of dYdX.

Ranking

• Your ranking will be based on your trading volume between the Competition Start Time and the Competition End Time. The final rankings will be calculated using trading volume data available between the Competition End Time and 5 minutes after the Competition End Time.

Prizes

• The total amount of prizes that the winning participants will receive in the Volume Competition is two thousand (2,000) USD Coin (USDC) (the “Total Prizes”).

• The Total Prizes will be transferred (after taxes) in accordance with the following table:

• In case of a tie, applicable participants will share the applicable prizes; for example, if two (2) participants are tied for highest trading volume, then each participant will receive seven hundred fifty (750) USD Coin (USDC) (i.e., (1000 + 500) / 2), or if five (5) participants are tied for tenth (10th) place, then each participant will receive five (5) USD Coin (USDC) (i.e., 25 / 5).

• All prizes in the Volume Competition will be paid in USD Coin (USDC) to your dYdX account no later than fourteen (14) business days following the Competition End Time, or promptly thereafter.

• Receipt of your prize is conditioned upon compliance with these Rules, the Trading Competition Terms and Conditions, and the Promotional Terms and Conditions.

Taxes

• ANY PRIZES YOU RECEIVE ARE NET OF TAXES PAYABLE ON SUCH PRIZES IN THE UNITED STATES. In accordance with the Trading Competition Terms and Conditions and applicable tax laws, dYdX will withhold thirty percent (30%) taxes from all prizes. No personal information will be collected or submitted to a governmental agency in connection with such tax withholding.

Miscellaneous

• dYdX may revise these Rules, including any prizes, and publish amended versions thereof from time to time. dYdX may, in its sole discretion, terminate this Volume Competition at any time, with or without notice.

• One (1) USDC is equivalent to one (1) U.S. dollar.