Zoomex, a global cryptocurrency derivatives exchange, has officially announced the commencement of its Stock Perpetuals Competition Round 2. According to reports from Zoomex, the event is engineered to seamlessly bridge the gap between Traditional Finance (TradFi) and Web3 crypto derivatives, offering global traders 24/7 access to high-demand U.S. equity perpetual contracts. The competition features a dynamic escalating prize pool that grows proportionally based on participant volume and cumulative derivative turnover, with real-time rank updates refreshed every 5 minutes backed by fully audited PnL tracking for absolute competition integrity. As reported by Zoomex, the event is designed to showcase the exchange's matching capacity and risk-management tools while serving as both a competitive arena for active traders and a stress test of its own systems.
The platform enables users to trade perpetual contracts on top U.S. equities including Nvidia (NVDA), Apple (AAPL), and Tesla (TSLA) using USDT as margin instead of traditional fiat currencies. As reported by Zoomex, the system offers leverage up to 25x and bi-directional (long/short) trading capabilities without market-close interruptions, as positions stay open and adjustable around the clock. The USDT unified collateral settlement eliminates currency conversion friction and international wire delays, while the high-concurrency matching engine and multi-source oracle pricing provides pricing from multiple sources to prevent price manipulation and unfair liquidation wicks. This USDT-margin structure removes friction points that trip up would-be equity traders outside the U.S., allowing traders to deploy stablecoins directly to open, maintain, and settle positions.
The competition features a dynamic prize pool that escalates proportionally based on participant volume and cumulative derivative turnover, rewarding both Return on Investment (ROI) and trading volume. According to Zoomex, the event includes trading volume 'blind boxes' that unlock milestone rewards as trading volume thresholds are met, offering instant USDT cash prizes, fee discount vouchers, and bonus credits. The platform provides transparent leaderboard rankings with real-time updates for complete competition transparency, with the prize pool growing as more traders join and trade more over the competition period. This structure creates an obvious incentive for traders to engage more frequently, exactly the kind of engagement Zoomex is banking on to prove out its infrastructure at scale.
Zoomex has reaffirmed its commitment to frictionless account funding by detailing the full range of deposit options available to traders, with particular emphasis on Nodex Pay, its web3 payment integration that converts crypto directly into USDT through a single wallet-signed transaction. The exchange currently offers three distinct funding methods: Crypto Deposit (direct on-chain transfers), Buy Crypto using fiat currency (supporting 35 currencies), and Nodex Pay deposit. According to Zoomex, every funding method operates under the same Fair Access & Rule-Based Execution principle, ensuring identical transparent confirmation logic regardless of the chosen method. Nodex Pay is positioned as the centerpiece, connecting directly to self-custody wallets like MetaMask, Coinbase Wallet, WalletConnect, and FaceWallet, with deposits typically confirmed within 10 to 30 minutes across five major networks including Ethereum, Polygon, BNB Smart Chain, Optimism, and Arbitrum.
