$SNEK Trading Competition on AscendPerps
AscendPerps announced the launch of a SNEK trading competition. Holders of at least 250,000 $SNEK are eligible for a 2X boost on testnet trades conducted in the 15M snek market.
The top trader, based on the leaderboard score derived from profit and loss calculations, is set to receive 500,000 $SNEK on April 12, 2026 This competition highlights the integration of $SNEK within AscendPerps, a multi-chain prediction market platform that utilizes up to 100x leverage and features ZK-settlement on Midnight, secured by Cardano.
It provides $SNEK holders with an opportunity to participate in testnet activities, potentially contributing to the development of DeFi tools in the Cardano ecosystem.