# Ranking System

The MevX Ranking System rewards users based on their trading activity and engagement across the platform.\
By trading, completing challenges, and referring others, users earn points that determine their rank.\
Each rank offers different benefits, such as lower trading fees, higher cashback, and better referral commissions.

## <mark style="color:blue;">Rank Requirement</mark>

{% hint style="info" %}
***Notes***

* Each **30-day cycle** will check your total points to confirm if you maintain or lose your rank.
* If you don’t reach the required points, your rank will drop at the start of the next cycle.
  {% endhint %}

| Rank         | Points to remain the level | Points to unlock next level |
| ------------ | :------------------------: | :-------------------------: |
| **Beginner** |        Default level       |            50,000           |
| **Silver**   |           35,000           |           100,000           |
| **Gold**     |           70,000           |           500,000           |
| **Platinum** |           350,000          |          1,000,000          |
| **Diamond**  |           700,000          |        Highest level        |

## <mark style="color:blue;">Rank Privileges</mark>

<figure><img src="https://1648234082-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2Ff9vPs8ZxeohO2z511BM8%2Fuploads%2FWhxjAVANJbyaLQQKSiU8%2FHow%20ranks%20work_.png?alt=media&#x26;token=77ab1e13-704a-468b-b937-93639077d307" alt=""><figcaption></figcaption></figure>

## <mark style="color:blue;">Earn Section</mark>

#### **Claimable Reward**

You can view and claim your rewards here.

* **Referral Commission**: Earned from the trading volume of your referred users.
* **Cashback**: Earned from your trading fee.

{% hint style="info" %}
All claimable amounts are displayed in USDC and can be claimed anytime.
{% endhint %}

#### **Claim History**

Shows all your previous reward claims, including date, type, amount, and status. Use this section to track your reward progress over time.

#### **Referral Tracking**

* Displays the number of referred users, their trading volume, and total commission.
* Includes both claimable and lifetime volume statistics.

**Learn more about MevX Referral System at**

{% content-ref url="referral-system" %}
[referral-system](https://docs.mevx.io/docs/bonus-programs/referral-system)
{% endcontent-ref %}

## <mark style="color:blue;">Challenges Section</mark>

The **Challenges** section allows users to earn extra points by completing missions. These missions contribute directly to your rank score and help unlock higher levels faster.

#### **Types of Challenges**

* **Daily**: Simple tasks such as reaching specific trading volumes or transaction counts.
* **Weekly**: Larger tasks, such as completing multiple daily challenges or higher volume targets.
* **Session**: Long-term missions like reaching total trading milestones or referral-based goals.

> **Examples of Missions**
>
> * Trade a total of $100, $1,000, or $10,000 within a day.
> * Complete 200 transactions - 90 points
> * Reach referral trading volume milestones.

Each completed challenge grants you ranking points and sometimes additional rewards.

## <mark style="color:blue;">Race Section</mark>

The **Race** section shows the current leaderboard based on user trading volume. It allows users to compete for extra rewards and recognition.

* Rankings are calculated by total trading volume during each race period.
* Top traders receive prize points that boost their overall ranking score.
* The leaderboard resets after each race cycle, and rewards are distributed accordingly.

> Example:\
> 1st place – 300,000 points\
> 2nd place – 200,000 points\
> 3rd place – 100,000 points

You can track your own position and trading volume in real time to see how close you are to the top.