Skip to main content

Documentation Index

Fetch the complete documentation index at: https://docs.ascend.market/llms.txt

Use this file to discover all available pages before exploring further.

The SNEK Boosted Contest is a special track within the Ascend testnet trading competition. The 15-minute SNEK directional market is now eligible for a 2x score boost for verified SNEK holders. The trader with the highest weighted score on this market will be declared the winner. Scoring follows the same formula used in the main $10K competition, with the 2x boost applied on top.

How to Qualify

Hold a minimum of 250,000 SNEK in your Cardano mainnet wallet. That is the same wallet you connect to Ascend testnet. No separate registration is required. When you connect, Ascend checks your mainnet balance in real time. If you meet the threshold, you will see an alert on screen:
You're eligible for a 2x boost alert after connecting Lace wallet

The Boosted Market

The SNEK 15-minute market is pinned at the top of the Explorer page with an orange highlight and a SNEK 2x Boost badge. This is the only market where the boost applies for this contest.
Explorer page showing SNEK boosted market highlighted with orange border and SNEK 2x Boost badge
The market resets every 15 minutes. Each time you trade on this market while holding the minimum SNEK, your score is multiplied by 2x.

Tracking Your Boost on the Leaderboard

Ascend has a dedicated SNEK leaderboard separate from the main competition leaderboard. Toggle to it on the Leaderboard page to track your rank among other SNEK holders. The SNEK logo and 2x indicator appear next to your address once your boost is active.
SNEK leaderboard showing boosted traders with SNEK 2x indicator

Global Leaderboard

Step 1 — Normalize each metric (0–100):
normPnl_i = (pnlPercent_i - min) / (max - min) × 100
Same for tradeCountnormTrades and activeDaysnormDays. Step 2 — Base score:
baseScore = 0.2 × normPnl + 0.5 × normTrades + 0.3 × normDays
Step 3 — SNEK boost (eligible addresses with SNEK period PnL only):
snekShare = min(snekPnl / totalPnl, 1)

finalScore = baseScore + (0.2 × normPnl) × snekShare × 1
                         └──── boost addend ────┘
Where snekPnl is DB-scoped to Apr 7–13 only.

What The Boost Actually Does

For a non-eligible address: finalScore = baseScore For an eligible address it adds a fraction of their PnL component back on top, proportional to how much of their PnL came from SNEK event trades:
AddresssnekShareBoost addendEffect
addr_test1qr5w (3.6M / 4.7M)77%+0.77 × pnlComponentLarge boost — most PnL was SNEK
addr_test1qqur (98M / 112B)0.09%+0.0009 × pnlComponentTiny boost — SNEK was negligible vs all-time PnL
Max possible boost is +1× the PnL component (when snekShare = 1, i.e. 100% of their PnL came from SNEK trades). The total score can never exceed baseScore + pnlComponent, so it’s bounded and can’t artificially inflate rankings beyond what the PnL metric justifies.

SNEK-Only Leaderboard

Unchanged — still binary base × 2 for eligible, base for everyone else, scored against SNEK-period trades only.

Summary

DetailInfo
Minimum SNEK required250,000 SNEK
MarketWill SNEK go up? (15-minute)
Boost2x score multiplier
Winner criteriaHighest weighted score (same formula as main competition)
Eligibility checkLive at trade time, no snapshot
Competition endsSunday, April 12, 2026 at 23:59 UTC
WalletSame Cardano wallet on mainnet and testnet
The boost is checked live each time you place a trade. Keep at least 250,000 SNEK in your connected wallet throughout the contest to maintain eligibility.