Tendies Cup

Download Alpha, create an account, and confirm the Tendies Cup appears on your Competitions page. Complete at least $1,000 in eligible trading volume during the competition window to qualify for a prize.

Want to join another trader's referral network? Sign up through their referral link first, then join with the tournament link or code TENDIES.

Already have an Alpha account? Go to Competitions on the Rankings tab, enter code TENDIES, and confirm enrollment.

New users who first join Alpha through the WallStreetBets landing page are attributed to WallStreetBets' referrals.

The competition runs from Monday, October 26, 2026, 9:30 a.m. ET (13:30 UTC) to Thursday, October 29, 2026, 4 p.m. ET (20:00 UTC). Once you've entered, all eligible trades opened in this window count, including overnight trades. Positions opened before the competition started, or before you entered, don't count.

You can rank on more than one leaderboard, but you can only win one prize. Prizes are awarded in this order: Grand Prize (Highest PnL %), then Most volume, then Best closed trade. If you win the Grand Prize, you can't also win a Bonus Prize. If you lead both Bonus Prize leaderboards, you receive the Most volume prize, and the Best closed trade prize passes to the next eligible trader. When a prize passes down, anyone who has already received a prize is skipped.

• Under $25 million: $3,000 cash
• $25 million to under $50 million: Rolex Air-King
• $50 million to under $100 million: Rolex Submariner
• $100 million or more: Rolex Daytona

Tournament volume is the combined eligible notional trading volume of all Tendies Cup participants during the competition window, measured when the competition ends. Opening and closing executions both count, using the same calculation as the Most volume leaderboard. Only the highest milestone reached is awarded; tiers don't stack. Bonus Prize winners receive a year's supply of chicken tenders at every tier.

• Highest PnL %: Your total profit or loss on eligible trades, including open positions at the end of the competition, as a percentage of the most margin you had in use at once. See “How Highest PnL % works” below.
• Most volume: Your total eligible notional volume (margin × leverage). Opening and closing executions both count. For example, $1,000 margin at 10× is a $10,000 position; opening and fully closing it at the same price adds $20,000. If the price moves, closing volume uses the actual executed notional value.
• Best closed trade: Your single best eligible closed trade, ranked by return on the total margin used for it, including margin added during the trade. On $100 margin, a +$50 profit is a 50% return. The trade must close before the competition ends.

Your score is (total profit or loss on eligible trades ÷ the most margin you had in use at once) × 100. It includes realized and end-of-competition unrealized profit or loss, and excludes trading fees. You're ranked on how well you used your money, not your account size.

The examples below illustrate the denominator only.

One trade

You open a trade with $1,000 margin and close it for +$100.
$100 ÷ $1,000 = 10%

Two trades, one after the other

You open a trade with $1,000 margin and close it for +$100. Then you open another trade with $1,000 margin and close it for +$100. You made $200, but you never had more than $1,000 in use at once.
$200 ÷ $1,000 = 20%

Two trades at the same time

You open two trades together, with $1,000 each, and close both for +$100 each. You made $200, but you had $2,000 in use at once to do it.
$200 ÷ $2,000 = 10%

Same profit, different scores: reusing the same $1,000 counts once, while having more open at the same time means a bigger denominator. If trades only partly overlap, we use the most margin you ever had open at once.

Positions still open at the end are valued at the final mark price at 4 p.m. ET (20:00 UTC) on Thursday, October 29, 2026. They count toward Highest PnL % but not Best closed trade, which requires the trade to be closed.