Weekly Trader Rewards

Edited

Trade and earn weekly rewards on Zora. Official Rules ↗

**IMPORTANT**: We monitor for score and leaderboard manipulation. Participants found violating the rules may be disqualified. See the full Official Rules for details.


Eligibility

To be eligible, users must trade Zora creator coins or posts during the weekly window.

  • Trade directly in the Zora app (web or mobile) or with the external wallet linked to your Zora account

  • Trade creator coins paired with $ZORA

  • Trade content coins paired with creator coins or $ZORA

  • Only trades on Zora-originated pools will count

Personal and team wallets of current Zora employees are excluded from the leaderboard. PNL from users self-trading their own coins are also excluded from scoring to ensure fairness.


Ranking

Your rank is determined by your PNL during contest week. Only coins bought during contest week will count towards your PNL on the trader leaderboard. Selling positions from outside the contest week will not count.

Weekly $PNL Per Coin = (Average Exit Price - Average Entry Price) x Eligible Quantity

Average Exit Price = $USD amount sold within contest week / Quantity sold within contest week

Average Entry Price = $USD amount bought within contest week / Quantity bought within contest week

Eligible Quantity = Min(Quantity of coins sold within week, Quantity of coins bought within week)


Rewards

Total rewards:

$150,000 in $ZORA

Number of recipients:

50

Rank

Prize (USD Equivalent in $Zora)

1

$13,000

2

$11,500

3

$10,000

4

$8,500

5

$7,500

6

$7,000

7

$6,000

8

$5,500

9

$5,500

10

$5,000

11 - 20

$3,400 each

21 - 50

$1,200 each

Find previous prizes and winners here: https://ourzora.notion.site/past-trader-competition-prizes-and-winners


Claim instructions

Rewards can only be claimed on the web app (zora.co) at the moment. Instructions are as follows:

  1. Log in to your Zora account on zora.co

  2. Go to your wallet

  3. Go to the “Rewards” tab

  4. Click “Claim

  5. Submit and verify tax information through Persona. Learn more

    • US tax residents: Submit a W-9 form

    • Non-US tax residents: Submit a W-8 BEN form

  6. Upon successful verification, click “Claim” to receive your rewards in your Zora smart wallet 

Is there a claim window?

Yes, recipients must claim within 14 days after being notified. Unclaimed rewards will be reallocated towards future rewards at Zora's discretion.


Providing tax information

To claim rewards, you will need to provide tax information based on your location and tax status. This process is secured by Persona.

Learn why tax information is required

For US tax residents:

  • US tax residents will need to submit a W-9 tax form

For non-US tax residents:

  • Non-US tax residents will need to submit a W-8 BEN

    • This will require you to provide:

      • Your Name

      • Your Date of Birth

      • Your Country of Citizenship

      • Your Address

      • Your Foreign Tax Identifying Number

    • A fillable W-8 BEN form can be found here: https://www.irs.gov/pub/irs-pdf/fw8ben.pdf

If you are unsure whether you are a US or non-US resident for tax purposes, please consult a tax professional.


Frequently Asked Questions

When does the trader leaderboard reset?

Each week runs Monday 00:00 UTC to Sunday 23:59 UTC

The leaderboard runs on a weekly cycle. A live countdown is displayed at the top of the leaderboard page.

How frequently is the leaderboard updated?

The leaderboard is updated frequently throughout the day. See “Last updated” placed in the most-right column. 

What are the prizes?

Each week, eligible recipients share a pool of $ZORA tokens. 

  • The total rewards pool is displayed in USD

  • The final rewards pool in $ZORA is calculated using the ZORA/USD price as published at 23:59 UTC on the final day of the applicable period.

  • Your final $ZORA rewards are calculated using the ZORA/USD price as published at 23:59 UTC on the final day of the applicable period

How will I know if I am eligible for rewards?

Eligible recipients will be notified through:

  1. Email linked to your Zora account

  2. In-app notifications

  3. Push notifications on iOS or Android

If you would like to check or change your email address, follow the steps outlined in our How to update your email address support article here: https://support.zora.co/en/articles/3570561

What happens to unclaimed rewards?

Unclaimed rewards are reallocated towards future rewards. If you are eligible, be sure to claim within the 14-day window. Learn more.

Do I need to complete Know Your Customer (KYC) verification?

No, KYC is not required to claim your rewards.

However, you will need to provide the necessary tax information as outlined in the previous section.

Why do I need to provide my tax information?

Zora Labs Inc. is a US-based company, and is legally required to collect tax information from recipients who receive US$600 or more in equivalent $ZORA tokens (calculated based on $ZORA/USD rates at the end of each competition week on Sunday 23:59 UTC). We are unfortunately not able to distribute Rewards to tax residents of OFAC sanctioned countries.

Zora reserves the right to suspend, modify, or terminate the competition, or to withhold or revoke any prize, if it determines, in its sole discretion, that awarding such prize would be unlawful under applicable sanctions, trade restrictions, or other legal requirements.

What are the tax implications?

Participation in this program may have tax implications depending on your jurisdiction. The receipt, holding, or sale of tokens could be considered taxable events under applicable laws. It is your responsibility to understand and comply with your local tax regulations. For US tax residents who receive US$600 or more in Rewards, we will issue you a 1099 form for your 2025 tax filings.

We strongly encourage you to consult with a qualified tax professional or legal advisor to assess any potential tax obligations or liabilities related to this redistribution. Neither Zora nor its affiliates provide tax, legal, or financial advice.

By participating, you acknowledge that you are responsible for any taxes, fees, or reporting obligations arising from this redistribution.

Where can I find my claimed rewards?

You can find your claimed $ZORA rewards in your Zora smart wallet by clicking the Wallet icon in the navbar.

Is $ZORA on Base?

Yes, $ZORA is on Base.

Contract address: 0x1111111111166b7FE7bd91427724B487980aFc69

Where can I find the trader leaderboard?

You can find the Trader Leaderboard by visiting the Explore page on both the Web and App and opening the “Weekly top traders” tab. 

https://zora.co/explore/top?filter=traders

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