E8 Launches 'The Hyper Cup': Trading Tournament with 10,000 Seats and Cash Prizes

E8 has officially opened registration for The Hyper Cup, a major trading tournament marking the debut of the new E8Trade platform. Limited to 10,000 seats on a first-come, first-served basis, the competition provides traders with access to the Hyperliquid feed, live leaderboards, and a full trading suite.

Tournament Specifications and Risk Rules

Participants will compete using a $100,000 tournament account over a 30-day duration. The event features specific risk management parameters to maintain a professional competitive environment:

• Maximum Drawdown: 10% (Static).
• Daily Drawdown: 5%.
• Trading Hours: 24/7 access.
• Tournament Start: June 19th.
• Winners Announced: July 19th.

Prize Pool Breakdown

A total of 100 traders will walk away with prizes based on their performance at the end of the competition:

• 1st Place: $10,000 cash.
• 2nd Place: $5,000 cash.
• 3rd Place: $2,000 cash.
• 4th–10th Place: $100K account.
• 11th–25th Place: $50K account.
• 26th–50th Place: $10K account.
• 51st–100th Place: $5K account.

Registration and Platform Access

Traders can secure their spot through the E8X dashboard. The E8Trade platform, which powers the tournament, includes integrated charting, journaling, and real-time leaderboard updates to track progress throughout the 30-day window.