How Trading Competitions Became One of Crypto’s Biggest Hacks in 2025

Trading competitions proved to be one of the most reliable,  stabilizing forces in a year where consistency was hard to come by in both price charts and market sentiment.

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As 2025 winds down in Web3, one of the clearest and most defining themes to emerge from a turbulent year across the market was the powerful role played by trading competitions in keeping communities active, markets liquid, and entire ecosystems from drifting into stagnation.  Having likely been inspired by Bitget’s $6 million USDT prize pool and the Deribit x SignalPlus $450,000 USDC trading competition, popular DEXs QuickSwap and SparkDEX have embraced trading competitions to keep their ecosystems not only united and active but thriving and entertained.

While regularly framed as a marketing gimmick in previous years, trading competitions proved their worth in 2025 as a vital mechanism for sustaining engagement, strengthening liquidity, and giving users a shared reason to stay onchain. In hindsight, trading competitions proved to be one of the most reliable,  stabilizing forces in a year where consistency was hard to come by in both price charts and market sentiment.  With an estimated total of around 400,000 individuals having participated in crypto trading competitions in 2025 alone, it is no wonder many projects are embracing the method to continue to keep their ecosystems enthusiastic and active.

SparkDEX’s rFLR Competition: A Driver for Flare DeFi

One major project that stepped into the limelight to prove the utility and efficacy of a modern Web3 trading competition was Flare-native DeFi suite SparkDEX. As the home to both a powerful V3 DEX and high-performance Perpetuals Exchange, SparkDEX Eternal, SparkDEX demonstrated how a carefully structured trading competition could drive engagement and activity on its platform. SparkDEX Eternal’s Perps Trading Competition spanned several weeks, both enticing perps traders and uniting the Flare community around a recurring cadence of 400,000 rFLR rewards every single week. The structure rewarded participation and volume rather than selective profit-taking, which leveled the playing field and encouraged newcomers to explore Flare-native perps without fear of being outperformed by professional margin traders.

The results spoke for themselves, SparkDEX attracted and sustained volume, deepened FXRP and USDT0 liquidity on its perps engine, and brought a large wave of previously inactive users back into the fold. More importantly, by rewarding users based on volume and trading activity instead of winning trades, SparkDEX’s competition preserved the community’s cohesion during a period when many DeFi platforms struggled to maintain momentum.

A representative of SparkDEX stated, “the competition was not simply about distributing rewards — it was about reinforcing the protocol’s foundations and cultivating a sense of unity and identity amongst Flare DeFi users, protocols, and application developers.”

Flare’s XRPFi ecosystem is taking off into the new year. An estimated 96 million in XRP was bridged into the Flare ecosystem in October 2025 alone. SparkDEX’s trading competition strategy seems to be becoming another undeniable and recent success — so much so, in fact, that they’ve extended the trading competition another 4 weeks into December.

QuickSwap’s Base Competition Series: Keeping Builders and Traders Engaged While Expanding New Territory

Meanwhile, Base-native DEX QuickSwap demonstrated the same principle on a much broader canvas. In its competition series on Base, which was launched with strategic timing and community-driven incentives, has become one of the most consistent sources of liquidity and user activity on the chain throughout 2025. The format highlighted emerging tokens, rewarded exploration across new markets, and turned otherwise quiet periods into moments of shared anticipation and excitement.  A seemingly perfect strategy for QuickSwap as they continue to become more active with the Base community given their recent expansion onto the chain as of August 2025.

For QuickSwap, these competitions preserved the protocol’s leadership position as one of crypto’s most culturally important DEXs in multi-chain DeFi. In addition to strengthening the DEX’s TVL and liquidity on Base, QuickSwap’s competitions supported partner projects by giving them exposure and volume, while also noticeably keeping community engagement high even when market conditions elsewhere turned flat and destitute. In a year where countless ecosystems saw user activity wash out, QuickSwap showed that structured trading competitions could maintain a consistent, responsive heartbeat for an entire network.

Web3’s Defining Takeaway from 2025

Viewed from the clarity of hindsight, trading competitions were more than temporary bursts of activity in Web3 this year. Much to the contrary, they stood as the stabilizing forces that helped keep DeFi grounded and trending upward all the way through December. By maintaining cohesion across fragmented communities, bringing back traders during slow market cycles, and providing projects with a way to deliver merit-based rewards to their communities, trading competitions turned out to be the guiding light for many savvy Web3 protocols with not only active but thriving ecosystems.

Many protocols struggled this year. But, projects that embraced trading competitions not only survived the volatility, they thrived in spite of negative market sentiments. SparkDEX and QuickSwap stand out as living proof that when markets soften, structured participation can keep ecosystems alive, liquid, and emotionally invested.

But before all eyes turn to 2026, SparkDEX Eternal’s Perps Trading Competition rages on.

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