Points Program
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Points Program
Overview
Points reward users who contribute to platform growth and liquidity. The program operates in seasonal phases with weekly distributions every Friday, covering activity from Wednesday through Tuesday (UTC). Igniz reserves full discretion to modify distribution criteria.
Trader Points
Points are earned across multiple dimensions with non-linear scaling that prioritizes quality over quantity:
Core Metrics:
Volume (weighted by market)
Open Interest
Funding Participation
Liquidations & Deleveraging
PnL Generation
Key Principles:
Premium accounts receive enhanced weighting on certain metrics
Markets have different weights based on liquidity and strategic importance
Doubling a metric doesn't double points—may result in 1.5× to 3× depending on quality
Some metrics evaluated daily, others weekly
Intentional losses or liquidation farming provide no benefit
Referral System
Referrers earn derivative points based on referred users' activity throughout their lifecycle. The multiplier incentivizes quality user acquisition while maintaining fair distribution across all participants.
Market Maker Points
Premium accounts only. Separate allocation from trader points.
Volume-Based
Maker volume earns points with progressive bonuses beyond specified thresholds. Volume above baseline levels receives enhanced weighting, with bonus multipliers increasing at higher tiers. Volume evaluated on full weekly cycle. All markets weighted equally for volume.
Liquidity Provision
Order books sampled at random intervals. Points distributed based on proportional liquidity share across:
Depth thresholds: liquidity within top $X notional bands
Spread tightness: liquidity within X bps of mid-price
Evaluated separately for bid/ask sides
Market Weighting: Markets dynamically weighted based on:
Cross-exchange volume comparisons
Open interest across venues
Local vs. external market maturity
Weights recalculated hourly
Volatility Multiplier: Snapshots during volatile periods receive higher weight to incentivize liquidity provision when capital is at risk. Daily ceiling mechanisms prevent single volatile days from dominating distributions.
Protocol Liquidity
Platform-owned liquidity (automated pools, treasury MM) operates under identical rules but receives no direct allocations. Points attributed to protocol liquidity are redistributed proportionally across all qualifying participants.
Anti-Gaming
Multi-Account Allowance: Up to a defined threshold permitted for legitimate risk management. Beyond this, detection systems evaluate account clusters.
Detection Methods:
Automated pattern recognition
Entity clustering via on-chain analysis
Wash trading and circular flow detection
Cross-account correlation analysis
Specific parameters undisclosed. Wash trading, self-trading, deliberate loss generation, and coordinated farming violate program integrity and may result in retroactive nullification.
Disclaimer: Igniz maintains complete authority over all parameters. Rules may change at any time. Allocations resulting from exploitative behavior may be reversed.
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