PANews reported on April 22 that, according to social media messages, OpenSea has launched its mobile perpetual contract trading (Perps) feature to select users and will simultaneously launch a 5-day trading competition starting at 5:00 AM (UTC+8) on April 23. This event is only open to mobile beta users, and all participants will receive a wallet with an initial balance of $50. Rewards will be distributed based on profitability, with the top three earning $2000, $1000, and $500 respectively.