DipCoin Launches Season 1: Horizon (Points & Referral System), an Incentive Framework for Perpetual Trading

Decentralized perpetual trading protocol DipCoin officially launched its 'Season 1: Horizon' points and referral system in San Francisco on February 6, 2026, to establish a long-term incentive framework for its ecosystem. The initiative, which actually began its calculation period on February 4 and will run through March 20, 2026, aims to reward authentic platform participation, capital contribution, and community growth while discouraging short-term manipulation. By transitioning from traditional marketing campaigns to a structured scoring logic, DipCoin seeks to solidify its position as a contribution-driven ecosystem for on-chain perpetual trading and strategic vault management. The 'Horizon' program introduces a multi-dimensional approach to rewards, moving beyond simple trading volume. Participants can earn points through four primary categories: Total Value Locked (TVL) via deposit contributions, trading volume within perpetual and vault accounts, average daily position sizes, and even liquidation points derived from real losses. This comprehensive structure is designed to reflect real market dynamics and encourage behaviors that enhance liquidity and platform depth. Specifically, swap trades are excluded from the calculations to ensure that only substantive economic engagement is rewarded. To honor early supporters, DipCoin has integrated 'Early Bird Rewards' that apply a 3x multiplier to historical trading and liquidation data recorded prior to the official season launch. Furthermore, the protocol has introduced a 'Team Acceleration System' and referral rebates to foster collaborative growth. New users are incentivized with a 100% boost on base points for their first three days, while inviters can earn a 10% rebate on the points generated by qualified recruits. These team-based mechanics include strict volume and position requirements to ensure that rewards are distributed to active participants rather than passive accounts. Following the conclusion of Season 1 on March 20, the platform will implement a seven-day risk review and verification period to freeze data and audit for compliance. This phase ensures the integrity of the distribution before points are archived and a new season begins. Built on the Sui blockchain, DipCoin intends for the 'Horizon' system to serve as the foundational architecture for all future ecosystem benefit distributions, signaling a move toward fully on-chain, professional-grade execution for long-term market participants.