Basics

What is this $1M Raffle?

Every week for 10 weeks, Nansen is giving away $100,000 - split across 100 winning tickets ($1000 USDC each). That's $1,000,000 in total.

The raffle officially begins June 15 and lasts until August 23, 2026.

How do I enter the raffle?

By trading on Nansen or referring others who trade. Stablecoin-to-stablecoin trading is not eligible to earn raffle tickets. Each participant’s winnings are capped at $3,000 per account per week.

Every week (for 10 weeks starting from Jun 15, 2026), earn raffle tickets based on how much you trade through Nansen that week:

• Spot trading: 1 ticket per $1,000 volume

• Perps trading: 1 ticket per $10,000 notional volume

Referred someone to Nansen? You also earn tickets from their trading, at a lower rate:

• Spot: 1 ticket per $5,000 of your referral's volume

• Perps: 1 ticket per $50,000 of your referral's notional volume

Tickets reset every week. The window runs Monday 00:00 UTC → Sunday 23:59 UTC.

When does the raffle run?

Each week there is a new draw starting from June 15 until August 23, 2026 (10 weeks).

Each raffle week runs Monday 00:00 UTC → Sunday 23:59 UTC - that's your window to earn tickets.

Who is eligible?

Everyone with a Nansen account.

Tickets & Claiming

Do my tickets carry over to the next week?

No. Tickets reset every Monday.

How do I find out if I won?

From Tuesday 10:00 UTC each week, go to your Points Hub and tap the 'Reveal Draw' button on the raffle widget.

You have one week to check and reveal. Miss the window and the prize expires. First results available June 23, 2026.

If I win, what do I get and how do I claim it?

If you win, you can claim $1,000 in USDC, which will then be sent directly to your Nansen wallet.

To claim it, make sure to tap "Claim to Nansen Wallet"!

Can I win more than one ticket?

Yes, one person can win multiple raffle tickets. Each participant’s winnings are capped at $3,000 per account per week.

How do my Points affect my tickets?

The higher your tier, the more tickets you could end up with:

• No Tier: 1x

• Green: 2x

• Ice, North, Star: 3x

At the end of each week, your total tickets are multiplied by your Points tier.

I want to share that I won! Is there a way to do this?

Yes - after you’ve claimed your winnings, you will see a "Share on X" button in the claim flow.

Fairness & Transparency

How are winning tickets chosen?

Winners are selected using provably fair, verifiable randomness on the Solana blockchain. There is no manual or internal picking. The process works in four steps:

1. We take the full list of entries for the week and lock it into a file that cannot be changed, then generate a cryptographic hash of it (a unique fingerprint of the exact contents).

2. Using that hash, we request a random number from ORAO's VRF (Verifiable Random Function) on Solana. This number cannot be predicted or manipulated by anyone, including Nansen, and it comes with cryptographic proof that it was not tampered with. It is tied directly to the entry list from step 1.

3. That random number is used to shuffle every ticket, giving each ticket an exactly equal chance.

4. The first 100 tickets in the shuffle are that week's winners.

Is there any independent oversight?

Yes. The randomness is generated and verified on-chain by ORAO's VRF, independently of Nansen. We cannot influence or predict the result.

The process is also fully deterministic, which means the draw can be re-run from the same entry list and will always produce the same winner list. Nothing happens behind closed doors.

You can view the on-chain randomness account for each week's draw directly on Solana Explorer.

• Week 1: view on Solana Explorer

• Week 2: view on Solana Explorer

• Week 3: view on Solana Explorer

• Week 4: view on Solana Explorer

• Week 5: Raffle In Progress

Does the raffle favor whales or large holders?

Every ticket has an exactly equal chance of winning. No ticket is ever weighted more heavily than another.

Earning more tickets (through higher trading volume or a higher Points tier) means more entries, the same way buying more raffle tickets gives you more chances. But the draw itself never advantages anyone based on size, and a single ticket from a smaller participant has the same odds as any single ticket from a larger one.

⚠️ Reminder: This is a raffle. Tickets are drawn randomly each week - earning tickets does not guarantee a win.

Troubleshooting

I traded this week but my ticket isn't showing up.

Only trades executed directly through the Nansen Wallet count.

If you traded via an external wallet, directly onchain, or through another platform - even if your wallet is connected to Nansen - those trades won't qualify.

Make sure you're trading through the Nansen platform on Solana, Base, or Hyperliquid. If you did and it's still not showing, go to your Points Hub, wait a few minutes, and refresh. Still nothing? Contact support@nansen.ai.

I claimed my prize but the USDC hasn't arrived.

USDC is claimed once you complete the claim step.

If it's been a few hours and nothing has arrived, contact support@nansen.ai with your Nansen wallet address.