MGBX is launching the "Long vs Short Trend Battle" contract trading event, with a total prize pool of 9,000 USDT.

BlockBeats News, December 3rd, the MGBX platform will kick off the "Long vs Short Trend Battle" event from December 4th to December 10th, 2025 (SGT), open to all users. The event will determine the outcome of the long vs. short battle based on the overall price movement of the BTC/USDT perpetual contract during the event, and will distribute rewards in three categories: Trend-following, Countertrend, and Trading Volume, with a total prize pool of 9,000 USDT. The Trend-following side will share 3,000 USDT based on the profit rate ranking, the Countertrend side will share 1,000 USDT based on the profit rate ranking, and an additional 5,000 USDT will be distributed based on the accumulated trading volume ranking.