Customer story · Sports prediction markets

A tournament season with ~$6.1M in trading volume

A sports prediction-market exchange used Claimr to connect live trades to points, streaks and referrals. About 4,100 participants made 494,000 trades across the six-week season and later activity.

One sports prediction-market campaign · Six-week season and later activity

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The program at a glance

From a live trade to visible progress

  1. Connect the account

    Link exchange activity to a campaign participant

  2. Score the event

    Apply points, streaks and reward conditions

  3. Show the progress

    Update the participant’s place on the leaderboard

Reported campaign outcomes

Trading activity, measured beyond sign-up

Volume counts executed buys and sells, not revenue or trader profit. Four trades classified as anomalous in the supplied report are excluded. About 4% of trading accounts contributed 76% of the included volume.

Executed trading volume
~$6.1M

Buy and sell volume reported by the exchange, excluding four anomalous trades.

Executed trades
~494k

Trades linked to campaign participants, excluding four anomalous trades.

Active traders
~4,100

Participants who placed at least one trade on a linked exchange account.

Final vs. first week’s volume
~11×

About $2.0M in the final reported week, compared with $190k in the first.

Referred participants traded
45%

Share of referred participants who placed a trade; 8% in the other group.

Traded on 8+ days
~1,000

Traders active on at least eight distinct days, not necessarily consecutively.

One sports prediction-market campaign · Six-week season and later activity

The challenge

Turn tournament attention into product activity

The exchange had a short tournament window to turn a growing audience into active traders. The program needed to recognize activity on the exchange and give participants reasons to explore markets throughout the season.

Claimr’s role

Connect the exchange to the reward program

Claimr co-designed the season and built a custom integration with the exchange’s trade stream. Executed trades and resolved positions arrived through the events API, were matched to linked accounts and updated points, streaks, reward tiers and the leaderboard.

The Claimr setup

Product events powered the season

Five mechanics connected trading activity, progress and invitations to the same program.

Live trade scoring

Executed trades, wins and losses flowed from the exchange into Claimr and were scored against the campaign’s rules.

Trading-day streaks

Qualifying trading days earned points. The program recognized recurring activity through configured progression rules.

Win tiers by trade size

Configured reward tiers translated qualifying exchange events into campaign progress. The operator could update those rules during the season.

Token-based eligibility

The program connected token-based eligibility checks to its points rules alongside recorded exchange activity.

Market-discovery quests

Product-discovery quests helped participants explore the exchange through the same campaign journey.

Custom trade integrationLive event scoringTrading-day streaksWin tiersToken-based eligibilityMarket-discovery questsPoints-share referralsLeaderboard

The season timeline

Weekly volume rose throughout the season

Executed volume grew from about $190k in the first week to $2.0M in the last. Active traders peaked in week four, while volume continued to rise through the final reported week.

Trading volume by weekExecuted buys and sells in USD · Six-week reporting window · Four anomalous trades excluded
189k
Week 1
502k
Week 2
822k
Week 3
1.06M
Week 4
1.48M
Week 5
2.02M
Week 6

The headline total also includes about $11k in later trades, outside the six weeks shown.

Active traders by weekParticipants with at least one executed trade in each week
185
Week 1
442
Week 2
770
Week 3
1,713
Week 4
1,583
Week 5
1,386
Week 6

Referral participation

15% of participants. About half of all traders

Referral rewards were connected to invitees’ recorded activity. 45% of referred participants placed a trade, compared with 8% of the other group. Referred traders accounted for about $2.2M in volume.

Participants who became tradersShare of all participants in each referral group
Joined via referral~4.5k participants
45%
No traceable referrer~25.6k participants
8%

These are observed groups, not a randomized comparison. The difference does not establish that referral rewards caused higher conversion.

From joining to trading

Those who traded usually started quickly

About 30,100 participants joined the campaign, and ~4,100 placed a trade. Among those traders, 69% made their first trade within an hour after joining, and 85% within a day.

Time from joining to first tradeShare of all traders, including the separate group who traded before joining
Within 1 hour
69%
1-24 hours
16%
1-7 days
10%
More than 7 days
3%
Before joining
2%

Timing describes the participants who traded. It is not the conversion rate of everyone who joined.

Repeat activity

A core group traded across multiple days

Trading-day streaks and market-discovery quests gave participants ways to progress through the season. About 1,000 traders were active on eight or more distinct days, including roughly 500 on fifteen or more.

~1,000

Traded on 8+ days

Traders active on at least eight distinct days, not necessarily consecutively.

~500

Traded on 15+ days

Traders active on at least fifteen distinct days during recorded activity.

Distinct days with a tradeShare of traders · Days need not be consecutive
1 day
57%
2-7 days
18%
8-14 days
13%
15+ days
12%

Where the volume came from

A small group accounted for most of the volume

About 4% of trading accounts generated 76% of included volume. Measuring that concentration alongside account counts makes the scale of participation clearer. Both groups remain in the headline total.

Volume by trading frequencyShare of executed buy and sell volume after the four-trade exclusion

76% · ~$4.6M500+ trades per account
~4% of trading accounts

24% · ~$1.5MAll other trading accounts
~96% of trading accounts

Frequency alone does not establish whether an account is automated or abusive. Trading volume is not exchange revenue or trader profit.

Lessons for another season

Measure the breadth of participation as well as volume

Plan for concentrated activity

A small group generated most of the volume. Evaluate reward caps and diminishing returns alongside the number of participants who meaningfully use the product.

Understand the first-action gap

About one in seven participants traded. Track the steps between joining, linking an account and placing a first trade to understand where participants stop.

Separate the mechanic from the moment

Changes in audience attention can affect activity. Plan comparisons that distinguish those changes from the effect of reward design.

Methodology

How to read the results

View sources and measurement details

The supplied report, participant records and exchange-event export support this campaign story. Public figures are rounded and describe observed activity, not an expected trading result or a causal effect of incentives.

Scope and accounts
The figures cover a six-week season and later recorded activity. Trading accounts are linked to campaign participant records and are not independently verified unique people.
Volume and exclusions
Volume sums the USD size of executed buys and sells reported by the exchange. Following the supplied report, four trades with a reported combined value of about $15M are excluded as anomalous. The included total is about $6.1M across 494,000 trades. The exclusion materially affects the total; these are reported exchange records, not an independent audit of trading activity.
Volume concentration
Accounts with at least 500 trades represent about 4% of trading accounts and generated 76% of included volume. They remain in the reported total. Trading frequency alone does not establish automation or abuse. Volume is not revenue, profit or independently verified new capital.
Referrals and timing
Referral attribution matches participant-owned links. The 45% and 8% trading rates use all participants in their respective groups. First-trade timing uses traders as its denominator, including a separate category for trades before joining. These observational comparisons do not isolate the effect of referrals or rewards.
Weekly and repeat activity
The weekly chart covers six reporting weeks; the overall total also includes later trades. Repeat activity counts distinct UTC trading dates, which need not be consecutive. The final-to-first-week comparison is a description of observed volume, not a measured reward-driven lift or post-season retention.
Evidence limits
No additional bot filtering was applied beyond the program rules. Changes in tournament attention and participant mix may affect the results. Hypothetical fee estimates are not reported as actual exchange revenue.

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