Primit’s initial trading campaign attracted more than 10,000 unique wallets in just two weeks, distributing $100,000 in daily prize pools. The event proved that decentralized perpetual trading can be accessible and rewarding for everyday users, not just whales.
Campaign Details and Impact
The two-week event ran from July 15 to 28, with a simple entry requirement: traders needed to generate only $200 in daily volume to qualify for that day’s prize draw. Each day, 20 winners split $500, with rewards sent directly to their wallets. This low barrier and transparent winner selection encouraged broad participation over 500 wallets managed to qualify every single day throughout the campaign. Primit posted masked winner lists on their official blog daily, allowing anyone to verify results on-chain and building trust in a space often criticized for unfair giveaways.
How Avalanche Powered the Campaign
Primit’s choice of Avalanche was key to the campaign’s success. The blockchain’s sub-second transaction finality and minimal gas fees meant traders could reach the $200 volume threshold quickly and cheaply. This removed friction that typically discourages retail participation in on-chain derivatives trading. Following this strong start, Primit is already preparing Season 2 with bigger prizes and new engagement features. The team emphasizes that lessons from Season 1 will directly influence upcoming product developments.
This material is informational and not financial advice.
