The Bullion Rush: trade gold and silver perps for a share of $20,000 in USDG

Kraken Futures has announced The Bullion Rush, a 30-day trading competition starting August 5, 2026, focused exclusively on gold (XAU Perp) and silver (XAG Perp) perpetual futures. The event features a $20,000 prize pool paid in USDG, with rankings determined by absolute realized returns rather than account size. Eligible participants must meet a minimum trade size to qualify for the leaderboard.

The competition uses a single leaderboard for both metals, eliminating separate rankings by asset. A separate sub-leaderboard will track traders making their first futures trade during the event, ensuring newcomers compete only against peers. Prizes will be distributed across the top 120 ranks, with higher finishers receiving larger shares, and payments will be processed within 30 days of the competition’s conclusion.

Traders can participate by enrolling via the Kraken Pro app or web platform before August 5. Existing Kraken Futures users need only trade XAU Perp or XAG Perp during the competition window to qualify. New users must activate futures trading within their existing Kraken account to access the markets and join the leaderboard.

Kraken Futures operates XAU Perp and XAG Perp markets 24/7, with no trading halts or weekend gaps. The competition runs continuously from August 5 to September 5, 2026, meaning every hour of trading contributes to a participant’s ranking. Payward Digital Solutions Ltd. is licensed by the Bermuda Monetary Authority for digital asset business.