# Trade xStocks on SoneFi: A 4-Week Trading Competition

*Compete across xStocks markets for weekly rewards and leaderboard rankings.*

By [SoneFi ](https://paragraph.com/@sonefi) · 2025-12-18

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xStocks is a core trading section on SoneFi, offering a unified on-chain perpetual market that covers **both crypto-native assets and stock-linked markets**, all traded with **ASTR as collateral**.

As part of our regular trading activities, SoneFi is hosting a **4-week xStocks Trading Competition**, designed for traders who want to deploy diverse strategies — from crypto momentum to equity-driven macro positioning — within a single, on-chain trading environment.

Built on [**Soneium**](https://x.com/soneium), supported by [**Astar Network**](https://x.com/AstarNetwork), and powered by **real-time price feeds from** [**Pyth Network**](https://x.com/PythNetwork), xStocks provides a consistent perpetual trading experience while maintaining full transparency and self-custody.

About the xStocks Trading Competition
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This is a **time-limited trading activity** for eligible traders on SoneFi.

*   **Duration:** 28 days (4 independent weekly rounds)
    
*   **Total Rewards:** $4,000 (paid in ASTR)
    
*   **Weekly Pool:** $1,000
    
*   **Eligible Markets:** All xStocks perpetual markets (including crypto and US stock assets)
    
*   **Collateral:** ASTR only
    
*   **Ranking Metric:** Total realized net profits (profits − losses)
    

⭐ Why Trade xStocks on SoneFi
-----------------------------

xStocks has long been part of the SoneFi platform, offering traders a single venue to express both crypto and broader market views without switching platforms or collateral types.

*   **Multi-asset exposure on-chain  
    **Trade crypto assets and stock-linked markets through perpetual contracts, all within one unified interface.
    
*   **No KYC, no custody  
    **Permissionless access directly from your own wallet.
    
*   **Unified collateral model  
    **Use ASTR across all xStocks markets, simplifying margin management.
    
*   **Perp-native UX  
    **Long / short, leverage, and familiar risk management tools.  
    

* * *

TL;DR
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*   **What:** xStocks Trading Competition on SoneFi
    
*   **Markets:** xStocks perpetuals (crypto + US stock assets)
    
*   **Collateral:** ASTR
    
*   **Duration:** 4 weeks
    
*   **Rewards:** $4,000 in ASTR
    
*   **Metric:** Total realized net profits
    

How to Participate
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1.  Connect your wallet at [**sonefi.xyz/#/tradexStocks**](http://sonefi.xyz/#/tradexStocks)
    
2.  Ensure you hold **ASTR** for collateral
    
3.  Trade any eligible **xStocks perpetual market**
    
4.  Rankings are tracked automatically based on realized PnL
    

🔥 Weekly Rewards Breakdown
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*   **1st:** $300 in ASTR
    
*   **2nd:** $200 in ASTR
    
*   **3rd:** $150 in ASTR
    
*   **4th–10th:** $50 in ASTR each
    

Rewards are denominated in USD value and settled in ASTR using a predefined price snapshot.

**Tie-breaker:** Earlier timestamp reaching final PnL ranks higher in case of a tie.  

Pricing & Fees
--------------

Our fee structure is designed to be transparent and straightforward.

Fee Type

Rate

Description

**Trading Fee**

Fixed

A small percentage fee applied to the notional size of each trade (price × size).

**Funding Rate**

Dynamic

A periodic payment exchanged between long and short positions to keep the contract price aligned with the underlying asset's spot price.

**Borrow Fee**

Dynamic

A variable hourly fee paid for borrowing assets from the liquidity pool. The rate increases as more of the pool's assets are borrowed.

Safety, Transparency & Compliance
---------------------------------

SoneFi is built with security and reliability as core principles.

*   **Oracles:** We use real-time price feeds from Pyth Network, a leading decentralized oracle, to ensure our synthetic asset prices accurately reflect real-world market data.
    
*   **Transparency:** All transactions are recorded on-chain, offering a verifiable and transparent trading environment.
    
*   **Self-Custody:** You retain full control over your funds in your personal wallet. SoneFi never takes custody of your assets.
    
*   **Risk Management:** The platform includes built-in risk controls, such as leverage limits and position caps, to protect market integrity. As with any trading platform, users are responsible for managing their own risk.
    

💎 Bonus: Earn Soneium Score Too 
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Trading the **eligible xStocks market** during the campaign not only makes you eligible for ASTR rewards — it also helps you **earn Soneium Score** at the same time (subject to Soneium’s scoring rules).

The SoneFi Standard
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At SoneFi, our mission is to build a financial future that is open, transparent, and empowering. By integrating real-time price feeds from Pyth Network and implementing robust, on-chain risk controls, we ensure a secure and reliable trading environment. We are committed to expanding access to global markets while upholding the core principles of decentralization and user sovereignty.

**\[**[**Explore xStocks Markets on SoneFi**](https://sonefi.xyz/#/tradexStocks)**\]**

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*Originally published on [SoneFi ](https://paragraph.com/@sonefi/xstocks-trading-competition)*