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Flight Club is a four-week rewards program that distributes 420,000 USDC to traders using Phoenix.

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Program schedule

Flight Club runs from July 27 through August 23.
  • 420,000 USDC is distributed over 28 days
  • 15,000 USDC is distributed each day
  • Rewards are calculated and distributed daily, within 24 hours of the day’s end.

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How you earn

Your daily rewards are based on activity across Phoenix:
  • Trading: Every trade contributes to your share of the day’s rewards.
  • Holding positions: Keeping positions open also counts, so both size and conviction are rewarded.
  • Referring traders: Volume from traders you refer contributes to your rewards. Referred traders receive a fee discount, and Flight Club rewards are additional to the existing Referral Program.
  • Using Phoenix consistently: Trade consistently to increase your rewards.

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Claiming rewards

Rewards are paid daily in USDC to your Phoenix account. Claim them from the rewards page in the Phoenix app. Rewards have no vesting period, lockup, or cliff. They are claimable once distributed, within 24 hours of the day’s end.