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Overview

The XP program rewards active participation on Fairground through trading. Trading activity is measured across daily epochs, with XP distributed from a fixed pool each day. The more you participate in trading, the more XP you can earn. XP accumulates over time and contributes to leaderboard standings. To maintain a fair environment, activity identified as Sybil behavior, self-trading, or similar manipulation may be excluded from XP calculations. All activity takes place using testnet funds. No real capital is involved.

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What is XP?

XP is a points system used to track participant activity on Fairground. XP may accrue through eligible trading activity and participation in the testnet and contributes to leaderboard rankings. XP is a promotional participation metric and may be modified, adjusted or discontinued at any time. Participation in XP and testnet activities does not confer any rights to tokens, digital assets, compensation or future rewards. XP has no monetary value and is not transferable or redeemable.

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What is an epoch?

An epoch is a 24-hour participation period during which eligible activity may result in XP being awarded before the next cycle begins. XP received based on your activities during each epoch contributes to your Season 1 standing.

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How do I join Season 1?

Season 1 participants are selected from individuals who previously registered through Fairground waitlist and registration programs. If you have been selected, you will receive an email via your registered waitlist address with access details and instructions on how to participate. Once approved, your Testnet USDC deposits will arrive at the start of each epoch. Additional participant admissions and future testing opportunities may be announced at a later date.

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Testnet funds

Season 1 uses Testnet USDC for all trading activity.
  • Testnet USDC has no real-world value
  • It is provided to enable continuous participation
  • Each approved trader receives 1,000 Testnet USDC at the beginning of each daily epoch
  • Balances accumulate over time, allowing traders to build larger positions throughout the season
  • Testnet USDC cannot be withdrawn or transferred between wallets
  • A small amount of Testnet ETH is also provided to cover gas costs
  • Funds cannot be withdrawn or transferred
This structure ensures all participants can remain active and continue testing the platform over time. Testnet USDC is non-withdrawable, non-transferable, and has no monetary value. It is provided for participation in the Fairground testnet.

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How the XP Program Works

The XP program runs across daily epochs. XP accumulates over time and determines each participant’s position on the leaderboard. At the end of each epoch:
  • Trading activity is evaluated
  • XP is distributed from a fixed pool
  • Leaderboard is updated
  • XP is also earned from rebates received when trading on the minority side of the market. Learn more about how rebates work on Fairground.
  • Contributions such as feedback and bug reports may also contribute to XP.
Each epoch resets the distribution, allowing participants to continue earning throughout the program. Contributions such as feedback may also contribute to XP.

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Earning XP

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What behaviors does XP reward?

XP rewards active and authentic trading on the platform. XP is distributed each daily epoch based on overall trading activity relative to other participants during that period.

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Do I need to be profitable to earn XP?

XP rewards active participation in trading. XP is distributed each daily epoch based on overall trading activity and how participants engage with the market relative to others during that period. Activity that contributes to overall market participation and balance may also positively influence XP.

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Will early users be advantaged?

Participants who begin trading earlier will have more daily epochs in which to earn XP. However, XP distributions reset each epoch, so participants can continue earning XP throughout the program regardless of when they join.

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XP Distribution

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How are XP points distributed?

Each daily epoch distributes XP daily from a fixed pool.
  • Each 24-hour epoch distributes 1,000 testnet USDC to traders
  • XP is allocated proportionally based on activity within that epoch
  • XP earned each day contributes to your cumulative Season 1 XP
XP is allocated proportionally based on a participant’s trading activity relative to other traders during that period. The distribution resets every epoch, creating a new opportunity to earn XP each day.

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Is the XP formula public?

No. The exact formula and weighting used to calculate XP are not publicly disclosed.

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Is XP capped per wallet or per period?

Yes. XP earned within each activity category is subject to per-epoch caps. These limits help ensure a balanced distribution of XP across participants and may be adjusted during the program.

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Is XP transferable?

XP has no monetary value and is not transferable or redeemable. Participation in XP and testnet activities does not confer any rights to tokens, digital assets, compensation or future rewards.

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Leaderboard

The leaderboard ranks participants based on total XP earned during Season 1. Participants can track:
  • Total XP
  • Relative ranking
  • XP earned during the current epoch
  • XP earned in previous epochs
Leaderboard updates occur after each epoch once XP has been processed.

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XP Tracking

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Can I see my XP in real time?

XP is not updated in real time. XP is calculated a few hours after each daily epoch ends. The leaderboard and personal XP dashboard update shortly after the epoch closes.

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Troubleshooting

XP may not appear if:
  • The current epoch has not yet completed
  • Processing is still underway
  • No qualifying activity has occurred
  • Your wallet was recently approved and has not yet received its initial allocation
If XP does not appear after multiple epochs of activity, please contact support via Discord.