Perpl Unlocks $1M mPoints Pool: Race for $50K Every Week for 12 Weeks

Perpl Trade has announced it hit its mPoints campaign target. The full $1,000,000 reward pool is now unlocked, and for the next 12 weeks traders will compete for $50,000 every week. No official start date has been announced yet, but joining right after the announcement still leaves plenty of time.

Campaign Overview

Item	Details
Campaign Period	Not announced (12 weeks from the announcement, start date unspecified)
Eligibility	Any user trading perpetuals on Perpl
Participation Cost	Gas fees and spread based on trade size
Expected Return	mPoints (1 mPoint = $1), competing for a $50,000 weekly reward pool
Difficulty	Medium

Perpl is a trading platform for perpetuals (futures contracts with no expiry date). mPoints are the platform's native points, accrued based on trading volume, at a rate of 1 mPoint = $1. See full details on Perpl here.

Event Details

1. Create a Perpl account and connect your wallet (about 5 minutes, cost is gas fees only)
2. Trade perpetuals on Perpl to earn mPoints (cost depends on trade size and spread; points scale with volume traded)
3. Rank high on the weekly leaderboard to receive a share of the $50,000 pool (tier allocation not yet published)

Detailed reward tiers and minimum trading volume requirements have not been published. We won't fill in the gaps with guesses.

Strategy and Cautions

• Minimum route for busy readers​: a few modest trades per week is enough to build up mPoints steadily.
• Cost-benefit​: keep trading costs (fees and spread) below your expected reward value.
• Sybil risk​: splitting small trades across multiple accounts is likely to get flagged and disqualified.
• Trading volume tends to spike and spreads widen near each weekly deadline, so trade with some buffer time.
• When to skip this​: if you're unfamiliar with leveraged trading or don't have spare capital, don't force yourself to participate.