Some notes This article is not for people who already understand this topic. Experts can skip it. The language used will be simple and casual so that everyone can approach it more easily. This is not instruction or financial advice. It is only a personal perspective to help you truly understand and maybe use it if needed. In my community across different platforms, I’ve noticed many questions like these: “Alpha tournaments are terrible. The token price crashes badly when rewards are distributed.” “The reward isn’t even enough to cover the participation fees.” “I really don’t get it. Why do people join just to end up losing money?” So what is the real problem with these tournaments? To sum it up, there are only two core issues: - Why do we compete in tournaments? - Why is the reward value high at first but much lower when we actually receive it, sometimes causing heavy losses? From the perspective of the page Mr V98, I’ll answer each of these questions. Take advantage of the weekend when you’re less busy and read everything carefully. And always remember: this guide is not teaching anyone what to do. It’s simply a personal sharing for those who don’t fully understand yet, so they can optimize profits. Let’s start.
First question I’ll give a direct example with specific numbers. You trade 66,536 volume per day (vol x4) or 131,072 (vol x4), which equals 16,384 real volume and 32,768 real volume respectively. The trading fee (if you trade carefully) is 3.6U per 16.3k real volume. For one scoring cycle, you will spend: 3.6 × 15 = 54U This is your stable maintenance cost. That means every 15 days, you automatically lose 54U (calculated for 16,384 real volume — calculate the rest yourself). So why compete? What do you gain and lose? When joining a tournament, obviously you spend more time and more trading fees. That’s what you think — correct, but not entirely.
Of course, competition costs time. However, it doesn’t always mean higher fees. Here’s a practical example: With normal volume 16,384 = 3.6U. If a tournament’s base volume (x1) is 245,760, you spend about 54U. If it reaches 300k real volume, you spend 66U. Now stop and think. If you receive a bad reward of 30U: 66U – 30U = 36U How does that look? 36U < 54U fixed cost. (* Experts reading this might find this funny or oversimplified. But again, this article is not for experts. Explaining this perfectly is difficult because some tournaments are x1, some x4. The main point I want to address is the "disparity in fees"..*) HOWEVER, this rarely happens. Because if you trade carelessly during tournaments, the market can dump on you and you’ll pay much higher fees. So please trade very carefully and learn proper execution methods. BUT it’s not always pure risk. If you know about the incidents with LISA and Timi, two tokens that allowed trading at 3.2U per 16k real volume, when the market suddenly crashed 50–70% in one trade (for non-tournament traders), you’ll understand why many people quit Alpha after that crash. In this market, nothing is guaranteed. (* These calculations only consider tournament volume. Read everything and calculate yourself. Nobody joins only one tournament in 15 days.*) Failing tournaments comes down to your own calculations. Don’t blame others. If you choose to participate, you must accept the outcome. So what should we do?
Filter tournaments carefully If you lack experience, choose x4 tournaments to trade volume and compete at the same time Or if you trade x1 tournaments, combine them with x4 volume Choose tournaments with many slots and good rewards Accept the base fee difference And again: trade extremely carefully Spend more time calculating and managing your volume strategy * Everything above is only a simple example to help you understand the principle. It may not be 100% accurate because rewards are not fixed — you might profit or lose. But once you understand the logic, you should calculate everything yourself.* NOW TO THE MOST IMPORTANT QUESTION Why hedge (lock) tournament rewards? A real example with the current x4 tournament: $FIGHT When the tournament appeared, 5,770 reward tokens were worth 60U. But when rewards are distributed, they might only be worth 30U. So the solution is: Open a short position equal to the reward amount (5,770 tokens). I call this “locking the tournament reward.” This means: If price crashes → I still keep the value I want If price pumps → I still keep the value I want I hear many people say: “If it pumps hard, you’ll get liquidated” Hard to understand. If you join a tournament worth only 60U and you can afford the trading fees, how would hedging exactly 60U liquidate you? If you short more than the reward value, that’s no longer hedging. “Funding fees will eat all the profit” I usually don’t answer this. Because they’re not really asking. They simply don’t understand trading and just want to argue. Another very common and important question:
“FIGHT is only 45U now, much lower than before. Should we hedge now?” My answer: “How ambitious are you?” What are you expecting from an x4 tournament with nearly 7,000 slots and a 45U reward? If you’re confident the token will pump at distribution (like NIGHT), then maybe don’t hedge. But for many people, 45U is already big enough for a tournament with such low requirements. Make your own decision,I can’t say which is the most profitable. This is only an information channel. This is simply my personal perspective and sharing. Try it yourself (or don’t) Wish everyone a new way of looking at Alpha tournaments.
Note: This article is not for experts. I’m just a small individual too :))) #ALPHA #TradingSignals $BTC $ETH
A WAY TO MAKE MONEY THAT MANY PEOPLE MAY OVERLOOK Temporarily forget about alpha, boosters, etc., and take some time to learn how to earn profits from Earn on the Binance Wallet, @Binance Vietnam Many people with small capital often ignore these events. However, if you pause for a moment, we can revisit a very familiar mechanism that MrV98 has reminded everyone about many times. It is similar to the “Equal Distribution” mechanism seen in previous Spot events, the Altcoin Festival Wave 4
and most recently the Enso Trading Tournament.
Let’s review some recent events so everyone can have a more visual, detailed, and easier understanding. You may notice that the two most recent Earn events, Venus and U Season 1, both used this mechanism. 1️⃣ Venus
If you research carefully, you will clearly see the “Equal Distribution” mechanism in PROMOTION A. How to participate: 1. Prepare collateral that meets the minimum requirement of the event 2. Deposit the asset as collateral and confirm the conversion ✅DONE Of course, not every event will provide high rewards. However, one thing is certain: we won’t lose money, since the fees are extremely low. That reason alone is enough for us to participate. And here is the reward distributed on March 4, 2026 — quite surprising.
2️⃣ Next is an event I also mentioned before: U Season 1, which took place from Feb 12 to Feb 18. If you study the event carefully, you will again see the equal distribution mechanism in Season 1 (it was not present in Season 2). The method is similar, and the fees are also extremely low. So why not give it a try? The rewards will be distributed in the coming period. Hopefully, they will be similar to the Venus rewards. There is one thing you might notice: I posted information about these two events very close to their ending time. So what’s the reason? The answer is: I also couldn’t be sure whether borrowing and repaying immediately before the event period ended would still qualify for rewards. Therefore, the best solution I could think of — to avoid having our funds locked for too long — was to participate in the final days of the event. This ensures that we definitely receive the rewards while not locking capital for too long. 🌟Overall, it’s quite simple, and I believe everything above is already sufficient. For upcoming events, take some time to read the details carefully, filter the information, and choose projects that suit you. Or simply follow me — MrV98 — and I will provide the necessary information. Good luck, my friend! 🍀 #CreatorpadVN #TrendingTopic #crypto $BNB $RIVER $POWER
The rewards for the UP 1st tournament have been distributed as scheduled. Congratulations to everyone who won. #binance #ALPHA #crypto $BNB $RIVER $ETH
What would happen if on March 30 we had two airdrop plays, Based and R2? It would truly be amazing, especially since it’s been a long time without any new projects—and hitting two airdrops in a single day would be incredible. #mrv98 #ALPHA #crypto $RIVER {future}(RIVERUSDT) $SIREN {future}(SIRENUSDT) $TRADOOR {future}(TRADOORUSDT)
Just 5 hours into the new day—the first day of the UP 2st tournament—the trading volume of the last-ranked participant (position 3370) has already surpassed 16k real volume.
Even though we know this is the only token with x4 volume, such a rapid increase from the lowest rank—especially while the number of Alpha participants has dropped significantly—is definitely something worth paying attention to.
What’s really going on here? Could the UP tournament become a slow-burning yet brutal battle like the IR tournament?
However, the biggest difference is that on our home ground, we can’t lock in UP rewards like we did with IR—and many people don’t even understand what reward locking is, let alone where to do it. #crypto #ALPHA $IR $PIEVERSE $RIVER
What would happen if on March 30 we had two airdrop plays, Based and R2? It would truly be amazing, especially since it’s been a long time without any new projects—and hitting two airdrops in a single day would be incredible. #mrv98 #ALPHA #crypto $RIVER $SIREN $TRADOOR
After the tournament ended on March 19, Kite had a rally from 0.18 up to the 0.256 range on March 24, with the reward value for the top 400 at that time being around 128U. Most people locked in their rewards in the 107–110U range.
However, in a familiar story before the reward distribution, Kite dropped sharply from the 0.256/token range down to 0.177/token and has yet to show any signs of a rebound. At the time of writing, the value is around ~89U, equivalent to a 30% decrease.
So the question is, are tournaments like this really worth it?
This is also why, when I dropped from rank 79 to 314, I had no intention of increasing my trading volume. Managing psychology and profits is a difficult problem.
It seems like I was the lucky one today. Carefully calculating trading volume is quite difficult. From 18:00 (UTC+7) to 19:30 (UTC+7), I only traded an additional 40k volume and decided to stop 30 minutes before the end of this battle — it seems I made the right decision. Congratulations to the 3,370 winners! #alpha #trading #MrV98 $VELVET $SIREN $RIVER
It’s truly an intense battle for a token with 4x trading volume. You’ve really put a lot into this fight. Just looking at today alone, those who only had 100k volume yesterday have probably traded over another 100k in volume. It’s extremely intense for Phase 1 of the UP tournament. Those who joined the Velvet race and skipped this tournament might actually have an easier time. Sometimes choosing the road less traveled is a victory in itself. #alpha #HotTrends $VELVET $RIVER
💥The XAUT Trading Tournament has officially begun. I’ve carefully reviewed the reward criteria. Similar to the BARD Trading Tournament, you only need to trade a minimum volume of 501U (buy + sell) to receive a small share of the total prize pool.
Of course, it only costs about 0.5U in fees, so the reward won’t be high—but think of it as a small cup of coffee. You can’t expect much if you’re not aiming for the top.
Trade Audiera (BEAT) and Share $200K Worth of Rewards - 1st BEAT Trading Competition Promotion Period: 2026-03-27 13:00 (UTC) to 2026-04-03 13:00 (UTC) - 2nd BEAT Trading Competition Promotion Period: 2026-04-03 13:00 (UTC) to 2026-04-10 13:00 (UTC) General Rules: Participants will be ranked separately in each Promotion Period based on their total purchase volume of BEAT tokens during the respective Promotion Period. For each Promotion Period, the top 2,000 users by purchase volume of BEAT tokens will share 200,000 BEAT tokens equally, with each eligible user receiving 100 BEAT tokens. #Binance #ALPHA #TradeSignal $BEAT $VELVET $KITE
BARD Trading Tournament – Share Up to 3,000,000 BARD Token Vouchers has officially started.
It seems like I’ve mentioned this topic quite a few times, so make sure to read carefully before participating if you’re not aiming for the top ranks.
Unlike the “Kat new spot listing”, the rewards here are distributed based on your trading volume. I previously posted a short note saying: “If you’re not planning to compete for top ranks, you probably shouldn’t trade any significant amount.”
However, $BARD is different. If you trade around 500U (for example, buy ~251U and sell), you’ll still receive a small share of the rewards. Of course, it won’t be much, but you can think of it as a small cup of coffee.
General Rules: Participants will be ranked separately in each Promotion Period based on their total purchase volume of BLUAI tokens during the respective Promotion Period.
For each Promotion Period, the top 3,330 users by purchase volume of BLUAI tokens will share 13,653,000 BLUAI tokens equally, with each eligible user receiving 4,100 BLUAI tokens. #crypto #ALPHA $BLUAI $SIREN