Genesis Season Points Update Explained

Six weeks into Genesis Season, we've shipped a set of updates that make the points system more rewarding across all levels of participation. This post covers everything that's changed, what's new, and how it all works.

The Changes at a Glance

• Conviction Multiplier deprecated for Genesis Season
• Quests
• Streak Visibility

Frequently Asked Questions

What's driving these updates?

After six weeks of real trading data, we calibrated the system and layered in new earning mechanics. The updates are designed to reward more types of trading behavior, make the loyalty streak visible (it's been running silently since Week 2), and give traders at every level - including those still building toward full eligibility - more ways to earn each week.

This is an iteration on top of what's working, not a reset.

What happened to the Conviction Multiplier?

The conviction multiplier has been deprecated for Genesis Season and will be reintroduced in public beta. The mechanic is designed to differentiate trading behaviour at scale - as the platform opens to a wider and more diverse user base, it becomes a more meaningful signal. For our current curated cohort, we're keeping the formula focused on the variables that matter most right now. The frontend no longer displays it.

What are Quests?

Quests are 12 weekly challenges that reward specific trading behaviours with bonus points. They sit on top of the core scoring formula - they don't replace it.

There are two reward types:

Multiplier unlocks: Completing certain quests gives you a boost to a specific multiplier (diversity or leverage) for the remainder of the week, starting from the next daily snapshot after completion. The highest tier you unlock in a week applies - they don't stack within the same type.

Flat point bonuses: Other quests award a fixed number of ULTRA Points added after your multiplier calculation is applied. This means everyone earns the same flat amount from a given quest, regardless of their base score - a deliberate design choice to make quests equally accessible.

Do I need to be eligible to earn quest rewards?

Quest 1 ("In the Game") pays out regardless of fee eligibility. This quest exists specifically to give any trader - including those still building toward the fee threshold - a reason to stay active. Opening one position is enough.

All other quests require fee eligibility at settlement to pay out. You can complete them during the week and they'll show as completed in the UI, but the points are credited at weekly settlement (Monday) based on your eligibility status at that time. Quests are per-week and don't carry forward: if you complete a quest in a week where you end up ineligible, you'd need to complete it again the following week to receive the points.

When do quest points actually hit my balance?

Quest points are credited at the weekly settlement on Monday alongside all other points - not the moment you complete a quest. The UI will show the quest as completed right away, but ultimately it will depend on your eligibility status at settlement time.

What are all the quests?

Basic Tier

Mid Tier

Advanced Tier

Signature Tier

How do the diversity multiplier boosts work?

The diversity multiplier is a step function based on how many distinct markets you've traded in a week:

• 1 market: 1.0x
• 2 markets: 1.2x
• 3 markets: 1.3x
• 4+ markets: 1.35x (normal cap)

Any of the three diversity quests (Market Scout, The Diversifier, Full Market Deck) adds a +0.05x boost on top of wherever you currently sit in that step function. If you're at the 1.35x ceiling, you go to 1.40x. If you're at 1.20x, you go to ~1.25x. Completing more than one diversity quest in the same week doesn't stack the boost further - the +0.05x applies once.

How do multiplier unlock quests work in terms of timing?

When you complete a multiplier unlock quest, the boost takes effect from the next daily snapshot after completion - not retroactively. If you complete a quest on day 6 of 7, you get one day of boost. The quest card on your dashboard shows how many days remain in the week when you unlock - plan ahead if you want meaningful upside from a multiplier boost.

What is the Streak counter?

The loyalty multiplier has been running in the backend since Week 2 but wasn't visible on your dashboard. You can now see:

• Your current streak (consecutive eligible weeks)
• Your current loyalty multiplier tier
• What the next tier unlocks and how many eligible weeks away it is
• A warning when a week is at risk of breaking your streak

Loyalty multiplier tiers:

Missing an eligible week resets the streak to 1.

What stays the same?

The fee-based eligibility threshold is unchanged. The core scoring formula is still the foundation. The leaderboard structure and settlement cadence (Monday) are unchanged.

Questions? Drop them in our Discord.