MEXC Ventures, the official main sponsor of Alpha Arena S03, said the Alpha Arena Bali final has wrapped up. The final was held on Aug. 21 during Coinfest Asia 2026, with Japan’s Arumando taking first place. Murasaki Trades from the Philippines finished second, and South Korea’s Coin6097 placed third. After the event, MEXC CEO Vugar presented awards to the three winners.
20 traders competed for a $100,000 prize pool
The final brought together 20 traders in a live demo trading environment, where they competed for total prize money of $100,000. It also marked the close of Alpha Arena’s first Asia-Pacific competition. Participants advanced through online regional qualifiers before meeting in Bali for the in-person showdown.
Format combined group play and elimination rounds
The Bali final used a format that combined group-stage competition with a final knockout stage, all conducted in a live demo trading environment. Timed challenges, heart-rate monitoring and randomly drawn mystery cards added uncertainty to the contest, while the live leaderboard kept shifting and forced participants to adjust their trading strategies as conditions changed.
The result remained undecided until the end. Rankings changed several times during the final, and the sharpest reversal came in the last 30 seconds, when a trader who had led for most of the competition was overtaken, leaving the championship unresolved until the final moment.
Combined audience topped 10,000
More than 200 spectators attended Venue 1. On-site commentary and the live leaderboard gave the audience a clearer view of each stage of the demo contest. Combined livestream and in-person attendance drew more than 10,000 viewers in total.
After the awards ceremony, nearly 300 industry participants gathered at the Coinfest Sunset Deck for a championship celebration party. Finalists and community members marked the end of the Bali final and held post-event exchanges on site.
Vugar congratulated finalists from 12 countries
At the close of the event, Vugar congratulated all finalists. He said, "Standing out among many outstanding traders from 12 countries was no easy task."
Vugar also said MEXC Ventures’ support for Alpha Arena is one of its important steps to identify talented traders, explore innovative ideas and create more opportunities for participants to grow.
Alpha Arena entered the Asia-Pacific market for the first time
As the main sponsor of the Bali final, MEXC Ventures said it hopes to raise the profile of trading talent across the Asia-Pacific region and encourage broader community participation. The report said that following earlier events in Amsterdam and Berlin, the Bali final marked Alpha Arena’s first entry into the Asia-Pacific market and offered regional traders a new stage to demonstrate their trading skills before a live audience.
About MEXC Ventures
MEXC Ventures is MEXC’s comprehensive fund and says it promotes innovation in the digital asset industry through investment in L1 and L2 ecosystems, strategic investment, mergers and acquisitions, and incubation. The firm said it supports innovative ideas and active builders in the crypto sector. As an investor in and supporter of TON and Aptos, MEXC Ventures also said it expects to stay close to innovation in both ecosystems and work with builders to support their development.