TL;DR
- The Commodities Cup runs from August 20 to September 20, 2026, with a $10,000 USDG prize pool unfold throughout 200 locations.
- Eligible markets are WTI Oil Perp, Brent Oil Perp, Pure Gasoline Perp, and Copper Perp, all scored on one mixed leaderboard.
- Merchants are ranked by realized PnL on closed positions fairly than buying and selling quantity, with a $1 realized PnL minimal to qualify.
- The competitors is open to eligible Kraken purchasers outdoors the EEA, US, UK, Canada and Australia.
Oil, pure gasoline, and copper value the bodily financial system. They set what it prices to maneuver a container, warmth a constructing, and wire a grid, they usually reply to information lengthy earlier than that information reaches a quarterly earnings name.
From August 20 to September 20, 2026, we’re placing these markets on the heart of a month-long buying and selling competitors. The Commodities Cup has a $10,000 USDG prize pool break up throughout 200 locations, and the place you end comes right down to realized PnL, to not how a lot quantity you push by way of. You should enroll within the Commodities Cup first in your commodities perp buying and selling to be included within the contest.
What’s the Commodities Cup?
One competitors, one mixed leaderboard, 4 commodity perpetual futures markets. There’s no separate bracket per asset and no basket it’s a must to commerce in full. You’ll be able to think about a single marketplace for the complete month or transfer between all 4, and each closed place feeds the identical rating.
The window is a full month fairly than a weekend dash. That’s deliberate. A month provides you room to sit down out a quiet stretch, look forward to a setup, and construct a report that displays the way you really commerce.
What are the eligible markets?
- WTI Oil Perp
- Brent Oil Perp (PF_BRENTUSD)
- Pure Gasoline Perp (PF_NATGASUSD)
- Copper Perp (PF_XCUUSD)
Each is a perpetual future, so you possibly can go lengthy or quick with leverage, and there’s no expiry date to handle or contract to roll.
These 4 markets don’t transfer in lockstep, and the competitors doesn’t assume they are going to. Crude responds to OPEC+ coverage, refinery margins, and freight routes. Pure gasoline is pushed by climate, storage ranges, and LNG export flows, which is why it may possibly transfer sharply whereas oil sits nonetheless. Copper tracks development and manufacturing demand, and more and more grid buildout and EV manufacturing. Buying and selling all 4 provides you 4 separate units of drivers to work with, not one correlated guess.
How does rating work?
Rankings are primarily based on realized PnL, calculated on closed positions solely. Open positions don’t depend towards your rating till you shut them.
That selection issues. Quantity-ranked competitions reward whoever can afford to commerce probably the most, which turns a leaderboard right into a deposit contest. Rating on realized PnL means a smaller account that trades properly can end above a bigger one which doesn’t.
To seem on the leaderboard, you want at the least $1 in realized PnL throughout eligible markets through the competitors window. The leaderboard updates stay all through the month, so you possibly can observe the place you stand and the way far you might be from the subsequent place up.
What are the prizes?
The complete $10,000 USDG pool is distributed throughout 200 successful locations. Locations 1st–twentieth have a hard and fast payout per rank, revealed earlier than the competitors opens, so that you’ll know precisely what these positions pay from day one. Locations twenty first–2 hundredth share a mixed pool equally, the precise per-person quantity will depend on how many individuals qualify and is confirmed as soon as the competitors closes.
Who can enter?
The Commodities Cup is open to eligible Kraken purchasers outdoors the EEA, US, UK, and Canada. Regional eligibility and phrases apply.
In the event you already commerce futures with us, you’re set. In the event you commerce spot or margin, you possibly can allow futures from the identical account and begin buying and selling the eligible markets immediately.
How do I enter?
- Register to your Kraken account, or create one.
- Allow futures buying and selling in the event you haven’t already.
- Enroll within the Commodities Cup
- Commerce any of the eligible commodity perps between August 20 and September 20, 2026.
- Monitor your rank on the stay leaderboard by way of the month.
Each closed place in an eligible market counts routinely. There’s no separate sign-up step.
Commodity markets can transfer shortly on geopolitical information, climate, and provide disruptions, and buying and selling with leverage magnifies each beneficial properties and losses. Dimension your positions accordingly and solely commerce with funds you possibly can afford to lose.
Phrases and circumstances apply.
Payward Digital Options Ltd. is licensed to conduct digital asset enterprise by the Bermuda Financial Authority. Buying and selling futures, derivatives and different devices utilizing leverage includes a component of danger and will not be appropriate for everybody. Learn Kraken Derivatives’ danger disclosure to be taught extra.
