Toobit will launch the 2026 Toobit International Futures Tournament (TIFT) on August 12, offering up to ₹240 crore (3 million USDT) in rewards through team and solo competitions. According to reports from Toobit, registration opens on August 12 at 10:00 UTC and runs until August 19 at 09:59 UTC, with participants able to register and join teams until September 9 at 10:00 UTC. The Team and Solo Championships will run from August 19 until September 9, while the Race to Victory task-based section remains open throughout the full period. The tournament features multiple competition tracks allowing traders to choose their preferred path, from completing missions to competing on leaderboards or joining teams for championship titles.
The campaign features three racing tracks tied to separate resource types: Street Sprint, Turbo Challenge, and Nitro Grand Prix. As reported by Toobit, Street Sprint provides entry through beginner tasks including first futures trade, spot trade, and 30 USDT deposit, with rewards including official F1 team caps and collectible card packs. Turbo Challenge raises thresholds with higher deposit and trading volume requirements, offering official F1 clothing and LEGO racing car sets. Nitro Grand Prix covers highest activity levels with daily futures targets ranging from 500,000 USDT to 5 million USDT, including a trip to the 2026 Singapore Grand Prix with flights and accommodation. The Race to Victory offers an 840,000 USDT prize pool through missions and challenges, progressing through three levels: Fuel, Octane, and Nitro.
TIFT introduces a team competition alongside individual rankings, featuring six teams with racing identities including Turbo Titans, Volatility Raiders, Leverage Legends, Margin Mavericks, Apex Dominion, and Token Torque. According to Toobit, the Team Championship ranks groups by average profit and loss percentage of their ten highest-performing members, with 30% of rewards going to top ten traders and the remaining 70% distributed among qualifying members generating at least 30,000 USDT in futures volume. The team pool increases from 60,000 USDT at 200 million USDT volume to the full 1.5 million USDT allocation at 20 billion USDT volume. Participants can switch teams during the tournament, but leaving a team will reset accumulated trading volume for the Team Championship.
The ₹240 crore prize pool is distributed across five reward categories with Race to Victory receiving up to ₹67.2 crore (840,000 USDT), Team Championship up to ₹180 crore (1.5 million USDT), and Solo Championship up to ₹90 crore (600,000 USDT). As reported by Toobit, early-bird rewards of ₹4.5 crore (50,000 USDT) support 10 USDT registration bonuses and rewards for users exceeding 30,000 USDT in futures volume. The team pool increases with total campaign futures volume, beginning at 60,000 USDT at 200 million USDT and reaching full allocation at 20 billion USDT volume. Street Sprint helps new traders build momentum with beginner-friendly tasks requiring at least 30 USDT deposit and basic trading milestones.
The tournament enters a market where derivatives account for 77.7% of centralized exchange activity, with CoinGecko recording ₹101.7 lakh crore (₹12.7 trillion) in perpetual trading volume across the ten largest exchanges during Q2. According to Toobit, the campaign leverages Formula 1's expanding global audience of 827 million fans in 2025, with 43% aged under 35, while the Las Vegas Grand Prix generated over 450 million video views. The tournament requires participants to have at least ₹4,400 (50 USDT) in their futures account and excludes market makers and subaccounts, with rewards depending on trading thresholds and regional eligibility. Turbo Challenge brings more advanced missions for active traders, including higher deposit milestones, copy trading activities, and allocating at least 2,000 USDT to Earn products or Trading Bots.
