Blue Chip Trading Competition is Live
Your chance at 20m Gems by going long or short in the market with BTC, ETH, and SOL.
Bitcoin. Ethereum. Solana.
The biggest assets in crypto are now part of the largest Gems competition yet on Velvet.
Introducing the Velvet Blue Chip Trading Competition, where traders can go long or short on BTC, ETH, and SOL perps and compete for a massive 20,000,000 Gem prize pool.
Whether you’re trading momentum, hedging volatility, or simply stacking volume, every trade pushes you higher on the leaderboard and improves your chances of winning.
Campaign ends May 12th
Start Trading: dapp.velvet.capital/perps
Trade Blue Chip Perps on Velvet
The competition is centered around the three largest and most actively traded assets in crypto:
BTC Perps
ETH Perps
SOL Perps
Trade any of them on Velvet and your volume counts toward both:
The global leaderboard
The weighted raffle system
You can go:
Long
Short
Trade across multiple markets
All trading volume contributes to your ranking and ticket count.
How the Competition Works
The competition has two parallel reward systems:
Leaderboard Rewards for the highest volume traders
Raffle Rewards where every $1,000 traded earns tickets into random prize draws
This structure rewards both:
High-conviction traders
Consistent active participants
Leaderboard Rewards: 12M Gems
The top traders by total BTC, ETH, and SOL perps volume on Velvet will receive Gems based on final rankings.
Prize Distribution
Rank 1
2,500,000 Gems
Rank 2
2,000,000 Gems
Rank 3
1,500,000 Gems
Rank 4–10
500,000 Gems each
Rank 11–25
150,000 Gems each
Rank 26–50
90,000 Gems each
A total of 50 traders will receive leaderboard rewards.
Raffle Rewards: 8M Gems
Alongside the leaderboard is a weighted raffle system.
For every:
$1,000 traded = 1 ticket
The more volume you generate, the more tickets you accumulate and the higher your chances of winning.
Raffle Prize Distribution
Grand Prize
1 Winner
2,000,000 Gems
Big Prizes
5 Winners
500,000 Gems each
Standard Prizes
50 Winners
50,000 Gems each
Community Prizes
100 Winners
10,000 Gems each
In total, 156 raffle winners will receive rewards.
All rewards will be distributed after the campaign concludes.
Why Trade Blue Chip Perps on Velvet?
Velvet is built for active traders.
Trading BTC, ETH, and SOL perps on Velvet gives you:
Fast execution
Deep liquidity access
Long and short exposure
Seamless perp trading experience
Rewards on top of your trading activity
Instead of simply trading blue chips, you’re turning your volume into:
Leaderboard placement
Raffle entries
Gems accumulation
Earn Gems While You Trade
Every trade in the Blue Chip Competition contributes toward your Gems activity across Velvet.
What Are Gems?
Velvet Gems are Velvet’s long-term community rewards system designed to distribute $VELVET to the users contributing most to the ecosystem.
You earn Gems through:
Trading
Staking
Referrals
Participating in campaigns
The more active you are, the faster you climb the ecosystem leaderboard.
The Clock Is Running
The competition ends on May 12th.
Every trade matters.
Every position increases your odds.
Every ticket brings you closer to rewards.
Trade BTC, ETH, and SOL perps now on Velvet:
https://dapp.velvet.capital/Perps
The Bottom Line
Blue chips drive crypto.
Perps unlock both sides of the market.
Velvet turns your trading activity into rewards.
25 million Gems are on the line.
Now it’s your move.