🥇Rank 1
- Cash prize
- 20,000USD
- Maximum allocation
- 50,000,000USD
- Performance share
- 20%
For quant firms, individual PMs and quant enthusiasts;
bring your own strategy or generate one in the workbench, compete on paper trading, ranked daily;
strong strategies enter the strategy marketplace and win direct investment from the Avenir family office.
012026-08-01
Registration opens
Submit your materials and clear eligibility review
022026-11-01
Qualifier starts (paper trading)
Paper trading runs; the board updates daily
032026-12-16
Live Finals Qualification
30 advance across the three categories and the institution API zone
Cash prize pool 50,000 USDAllocation ceiling 50,000,000 USDTop 100 enter the PM leaderboard
🥇Rank 1
🥈Rank 2
🥉Rank 3
Special awards:Highest Return Award·Highest Trading Volume AwardInstitutions not eligible·Most Consistent Profit Award3,000 USD each
Simulated capital
100,000USD
Simulated capital
100,000USD
30 advance to the live final
Arbitrage
A same-asset hedge the fills can prove
Opposite directions held at the same time on the same asset, where the trades prove the hedge.
Up to the top 10 advance
Market neutral
A long/short structure that keeps net exposure low
Long and short held together so that net exposure stays low over the run, cross-asset hedges included.
Up to the top 10 advance
Other
No hedged structure of the two kinds above
One-way trading, timing, trend following and grid — and long/short books whose net exposure is not kept low.
Up to the top 10 advance
Updated daily during the contest · Top 10
01Register
Submit your entry and pick a group
02Eligibility review
Platform reviews eligibility and materials
03Strategy connection
Connect your strategy to the paper account
04Compete
Runs live on paper; daily leaderboard
05Review
Judged on return and risk metrics
06Awards
Winners announced and prizes awarded
Contest Risk and Compliance Statement