Earn ABC for running a bot on TestNet

It might look daunting to write trading bots and algorithms to trade via API. But at Thalex, we are convinced that the future belongs to the "retail quant". All you need is your wit and some basic Python skills.

We've made it easier for you to start. We've created the simplest possible, 160 lines of code Python Quoter Bot, that will quote the Perpetual around the mark price.

How it works?

We wrote a blog post that walks you through the code of the bot, and how to run it.

Run it for a few hours, tweak the parameters so you get to $20 Million in maker volume in a trading day, send us the log, get $250 in ABCs. Easy gains!

Trading days run from 8am UTC to 8am UTC the next day.

Participation, Rewards and ABC usage are subject to Terms of Use and ABCs Fair Use.

Campaign Terms

Eligibility

This campaign is open to any retail trader, including those who are not yet Thalex customers. However, since ABCs can only be used by Thalex customers, to claim the reward, you have to apply for a Thalex account within 30 days after the submission deadline.

Duration

This campaign remains ongoing. Thalex reserves the right to end the campaign at its discretion. We will update this page with an end date at least 5 working days in advance.

Reward Cap

Each customer can only claim the reward once.

Discretion

Thalex reserves the right not to grant rewards in case of any non-compliance with the Terms & Conditions, illicit behavior, or unfair advantage at its own discretion.

Intellectual Property

As a condition of submission, you grant Thalex and its subsidiaries a perpetual, irrevocable, worldwide, royalty-free, and non-exclusive license to use, reproduce, adapt, modify, publish, distribute, publicly perform, create a derivative work from, and publicly display the Submission.

ABCs Fair Use

• Asset Balance Credits, or "ABC", are governed under the Terms of Use and ABC Terms of Use.
• ⁠Thalex may, at all times and without assigning a reason thereto, undertake investigations and verifications that neither the ABC’s nor the Campaigns are being misused or abused; to do so, it may undertake phone verifications, IP verifications, account verifications and other actions it deems necessary to protect the regular functioning of the Platform.
• ABCs are not Client Money, and don’t have the consideration of Client Assets. They don’t represent a segregated pool of liabilities, and will not be segregated under the Custody Policy.
• ABCs are not available for withdrawal, they are not Digital Assets, nor have the categorization of Digital Assets, and are not usable, for any purposes, outside of Thalex Platform. ABCs can only be used for margin balance purposes.
• ABCs don’t reflect P&L, and cannot be used for negative P&L settlement. ABCs don’t convert into profit; however, profit(s) derived from trades based on ABCs will be credited to the Participant’s account in the settlement coin. Whilst profits are considered Client Money, they may be reversed, and trades undone, in the event that, following its procedural checks, Thalex concludes that their acquisition has resulted of the violation of these Terms and of the Rulebook, having the ability to clack back the Profit and revert trades to the counterparts, as the case may be.
• ABCs don’t expire; however, Thalex reserves the right to remove any ABC balance from the Participants account following 1 (one) months of inactivity.
• Controlling multiple logins or coordinating activity across multiple customer accounts is strictly prohibited.
• Any breach of the ABC Terms, Terms of Use, or Rulebook may lead to the removal of ABCs and any associated profits, at Thalex’s sole discretion.
• ABCs do not qualify as Client Money unless Thalex confirms they have been received and used in full compliance with our Terms of Use.
• Thalex reserves the right to investigate customer activity. Failure to cooperate may result in the forfeiture of ABCs and related profits.
• Thalex is the sole interpreter of the Terms and Conditions of each Campaign, of the Terms of Use and of the Rulebook.