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Sharpshooters | S1 of Index Coop’s Onchain Trading Competition
Sharpshooters | S1 of Index Coop’s Onchain Trading Competition
Trade onchain. Win cash. Claim glory. Every month, Index Coop rewards top traders with real prizes and collectible NFT trophies.
4/17/2025
Index Coop

Content
How It Works
Sharpshooters is Index Coop’s recurring onchain trading competition. Each season features multiple reward rounds, giving Leverage Suite traders several chances to qualify. If you’re already trading with us, you might as well get rewarded for it.
Here’s what you need to know:
Eligible trades:
Any trade using Index Coop leverage suite tokens
Networks:
Base, Arbitrum, Ethereum
Minimum size:
$1,000
Timing:
The trade must be closed within the competition season (but it can be opened anytime before)
No registration required - we track automatically onchain. If you’ve made a trade, you’re entered.
The Prizes
Each round, four traders walk away with USDC rewards and one-of-a-kind NFT trophies, minted on Base.
The trophies are ERC-721 and not soulbound. You can send them, trade them, or just stare at them lovingly.
How Winners Are Chosen
We break it down by raw dollar gains and percentage performance:
Biggest Winner / Runner-Up
Total profit in dollars
Sharpshooter
Highest percentage gain
Biggest Loser
Highest percentage loss
One trade can win multiple categories. Results are announced each round on Twitter/X and in the Index Coop Discord.
Want to see past champs? Check the Dune dashboard here!
Why We’re Doing This
We built the Leverage Suite to be the most cost-effective, user-friendly option on the market for onchain leverage trading.
Sharpshooters is our way of spotlighting the traders pushing it to the limit — whether you’re landing killer entries or taking big swings.
Because the product is only as good as the people using it. And we think that should be celebrated.
How to Enter
1. Use Index Coop’s Leverage Suite on Base, Arbitrum, or Ethereum2. Trade size must be $1,000 or more3. Close the trade within the current calendar monthThat’s it. If your trade performs, you’re in the running.
Take Your Shot
Think your next trade has what it takes? Enter the arena.
Dive deeper
Watch, read, and learn everything you need to master our leverage tokens.
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FAQs
Index Coop yield tokens simplify earning yield in DeFi by automating complex strategies and diversifying across protocols. They are user-friendly and cost-efficient, appealing to both new and seasoned DeFi users.
Leverage tokens automate a leveraged position by utilizing onchain money markets like Aave or Morpho to borrow funds, amplifying a user's exposure to an asset without requiring manual management. The token's smart contracts autonomously handle the borrowing, lending, and rebalancing of assets, maintaining a consistent leverage ratio despite market fluctuations. This automation eliminates the complexities of collateral management and liquidation risks, while also charging low, transparent fees that avoid expensive funding rates often charged by perps.
Index Coop is a decentralized autonomous organization (DAO) that specializes in creating and maintaining onchain structured products. Index Coop aims to democratize access to the crypto market, empowering everyone to participate in the growing digital asset ecosystem with ease.
No, yield automatically compounds and accrues to the token price. The value of the tokens you hold in your wallet will simply go up over time without the need to claim or compound rewards.
Index Coop products protect you from liquidation with automated risk management that rebalances assets to maintain a target leverage ratio that avoids liquidation.
INDEX is the ERC-20 governance token on Ethereum for Index Coop. INDEX empowers its holders to participate in decision-making processes that shape the future of Index Coop.
Yes, all Index Coop products are instantly redeemable for their underlying value at all times.
Yes, all Index Coop smart contracts have been audited by leading independent security firms such as OpenZeppelin, ABDK, Isosiro, & more. There is also an active bug bounty program through ImmuneFi. Audit information is published in the docs here.
Streaming fees (an annual fee paid continuously block-by-block), mint and redeem fees (only on leverage tokens), and borrow costs (interest paid to borrow funds from onchain markets when using leverage).