The Degen Club runs in Rounds. Each Round has its own Points budget, and each Round can add new mechanics.

Rounds.html

Round 1: Beta

Round 1 opens on 15 October 2026, after TOKEN2049. It will close in February 2027, and DexPal announces the exact date later.

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500,000 Points in Round 1.

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• Access is invite-only. See Beta Access.
• Round 1 splits its Points between trading, referrals and quests. The Points supply chart below shows each share.
• Round 1 has no leaderboard, no cash prizes and no cashback.
• DexPal holds all of the Round 1 affiliate revenue for the Round 2 prize pool.

Round 2: Competition

Round 2 opens when Round 1 closes, and it runs for about three months.

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500,000 Points in Round 2.

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• Every wallet can join, because Round 2 has no invite gate.
• The Degen Board ranks every trader across every partner DEX. See Competitions.
• The top 50 share the cash prize pool, and the top 100 get Points.
• Your Round 1 trading Credits are your starting score.

Round 3: Cashback

Round 3 opens after Round 2, with the largest Points budget of the program.

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1,000,000 Points in Round 3.

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• In this round trading earns cashback.