Vanta to hold 100,000 USDC trading competition starting July 30

Vanta, a decentralized perpetual futures exchange, said it will hold a trading competition with a total prize pool of 100,000 USDC starting at 8:00 a.m. UTC on July 30. Users will receive USDC rewards in proportion to their trading volume during the event, while also being able to participate in Vanta’s weekly points rewards program. Vanta said it allocates a weekly reward pool of 1 million points to users and ecosystem contributors. The platform, which launched its full service on July 16, has now surpassed $300 million in cumulative trading volume. Vanta added that the project was founded and is led by former key executives from major centralized exchanges including Bitget and OKX, and currently supports derivatives trading across a range of assets including cryptocurrencies, stocks, gold, foreign exchange, commodities, and indices.