Decentralized perpetual futures exchange PopDEX has launched its latest Trader and Contributor Rewards round, with eligible trading activity recorded from September 6 through September 20. According to the project's announcement, trades completed during this period automatically count toward the next rewards round, with users not needing to register each transaction separately once they have entered through an eligible referral link. The exchange describes the program as rewarding active traders and community members who contribute tools, data or other resources.
Running parallel to the rewards round, PopDEX has introduced a separate Meme Gang War campaign from September 8 through September 20. The competition divides participants between tokens associated with Robinhood Chain and BNB Chain. The Robinhood Gang covers PONS and CASHCAT markets, while the BNB Gang represents MARSCOIN. Participants can trade any market on PopDEX to represent their selected group, with the winning group determined by having the higher proportion of profitable traders according to the project's published campaign announcement.
PopDEX has not disclosed the value of either reward pool for the current campaign. The project has not published a complete allocation formula, payment asset, distribution date or minimum qualifying volume publicly. This lack of transparency prevents traders from calculating potential returns from participation. The rewards should not be treated as guaranteed until PopDEX publishes final eligibility results and completes distributions. The exchange previously advertised separate rewards for trading and community work, with earlier rounds offering trader rewards to users recording at least $100,000 in volume.
The campaign launch coincides with increased trading activity around Robinhood Chain applications. PONS is associated with the Pons token-launch platform, while CASHCAT is a meme token inspired by Robinhood's early "Cash Cat" branding. According to previous reports, Pons processed $4 billion in cumulative trading volume and generated more than 10,000 token deployments per day during its recent growth period. CASHCAT traded near $0.18 during the reporting period, with roughly $28 million in daily volume and a market capitalization near $182 million.
MARSCOIN represents the BNB Chain in the competition, with Binance recently listing the token with a Seed Tag. Binance warned that MARSCOIN was relatively new and would likely experience high price volatility. Market data placed MARSCOIN near $0.14, with a market capitalization around $139 million and more than $100 million in 24-hour trading volume. The token had fallen by double digits over the preceding day, showing the volatility facing campaign participants.
