DFINITY founder Dominic Williams has announced that the first season of the MULTI/DEX trading competition will conclude on 31 July, with ICP prizes available for the highest-ranked participants.
According to Williams, the top trader will receive 7,500 ICP, while second and third place will earn 5,000 ICP and 2,500 ICP respectively. The rewards are being provided by DFINITY as part of the Season I competition.
Williams also outlined plans for Season II, which is expected to begin after the current competition ends. The next phase will include a reset of the exchange, the release of the project’s source code and a larger prize pool, suggesting a broader community focus as development continues.
The planned source code release would allow developers to inspect, contribute to or build on the platform, reflecting the open-source approach adopted by many decentralised software projects. The timing of the release and further technical details have not yet been announced.
Alongside the competition update, Williams said DFINITY is reviewing community submissions sent to multidex@dfinity.org for bounty opportunities. The initiative is expected to encourage developers and community members to contribute ideas, improvements and technical work that could support the platform’s ongoing development.
Trading competitions are commonly used by digital asset exchanges to encourage participation and test platform performance under active market conditions. While prize incentives can attract users, trading activity and participation levels often vary depending on market conditions and community interest.
With Season I nearing its close, attention is now shifting to the next stage of MULTI/DEX, where an expanded rewards program, open-source code release and community-driven bounties are expected to play a larger role in the platform’s development.
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