Ave.ai has officially announced a large-scale contract trading competition in partnership with XPIN. The event will officially begin on November 19th at 21:00 (UTC+8) and last for one week. The competition features a $XPIN prize pool worth a total of $100,000 USD. Reaching the minimum trading volume threshold will earn users a reward equivalent to 40,000 USDT; the top 200 users by trading volume will share a reward equivalent to 55,000 USDT. Both rewards can be claimed simultaneously. Furthermore, during the event, registering with the Ave wallet and trading $XPIN contracts will automatically earn a 1.1x edgeX points bonus. Points rewards will also be available for trading non-participating cryptocurrencies. An Ave.ai spokesperson stated, "This is Ave.ai's first large-scale contract trading competition. Led by XPIN, a high-quality project that has its first token listing on the Ave platform, this event signifies Ave.ai's successful completion of a full price discovery loop from 'token launch -> spot trading -> contract trading.' In the future, Ave will continue to collaborate with edgeX to list more high-quality tokens for contract trading. Simultaneously, we extend an invitation to the industry, welcoming more high-quality projects to partner with Ave to jointly launch decentralized perpetual contracts."