$CRED Trading Competition is Live on Velvet (Base)
Trade $CRED on Velvet and earn your share of 182m $CRED and a 2x Gems boost while trading
The next competition on Base has arrived.
Over the next 4 days, Velvet users can trade $CRED and compete for a massive 182,000,000 $CRED reward pool, alongside a 2x Gems Boost for all eligible trading activity.
Whether you’re accumulating spot exposure, rotating narratives, or actively trading volatility, every trade pushes you closer to rewards.
Trade $CRED on Velvet
The competition is live exclusively for $CRED trading on Base.
By trading $CRED on Velvet, users become eligible for:
Direct $CRED rewards
Volume-based reward distributions
Staker incentives
A 2x Gems Boost throughout the campaign
All trading volume contributes toward your final reward allocation.
How Rewards Are Distributed
Total Prize Pool
182,000,000 $CRED
Rewards are split across:
Early participants
High-volume traders
Top Velvet stakers
First 100 Traders — 36.4M $CRED
The first 100 users to trade at least $100 of $CRED on Velvet
Will split a pool of 36,400,000 $CRED equally
Early participants are rewarded first.
Volume-Based Rewards — 127.5M $CRED
127,500,000 $CRED will be distributed proportionally based on total trading volume
Minimum requirement: $100 total trading volume
The more volume you generate, the larger your share of rewards.
Top 50 Stakers — 18.2M $CRED
The Top 50 veVELVET stakers on Velvet will split 18,200,000 $CRED
This rewards the users most aligned with the Velvet ecosystem long term.
Earn 2x Gems When Trading $CRED
For the duration of the competition, every eligible $CRED trade on Velvet receives a 2x Gems Boost.
What Are Gems?
Velvet Gems are Velvet’s community rewards system designed to distribute $VELVET over time to the ecosystem’s most active users.
Users earn Gems through:
Trading
Staking
Referrals
Participating in campaigns
By trading $CRED during this competition, you:
Boost your overall Gems accumulation
Climb the Velvet leaderboard faster
Increase your share of future ecosystem rewards
The more active you are, the larger your long-term positioning inside the Velvet ecosystem.
Why Trade on Velvet?
Trading on Velvet gives users:
Fast execution on Base
Optimized routing across liquidity sources
One-click trading experience
Reward incentives on top of trading activity
Access to active ecosystem campaigns and competitions
Instead of simply trading, your activity compounds into:
Token rewards
Gems accumulation
Ecosystem positioning
Competition Ends Soon
The campaign is live for the next 4 days only.
Trade $CRED, generate volume, and position yourself before the competition closes.
CA: 0xab3f23c2abcb4e12cc8b593c218a7ba64ed17ba3
The Bottom Line
Trade $CRED.
Earn rewards.
Stack Gems.
Only on Velvet.