InstaSwap arrived in the Trade tab of ONTO Wallet with version 4.10.8 last week. To mark it, ONTO Wallet and InstaSwap are running a week-long trading challenge with a $1,000 prize pool paid in ONG, funded equally by both teams.

The mechanic is short. Swap through InstaSwap inside ONTO, collect a voucher for every $100 you trade, and use each voucher for a spin of the prize wheel. There are 481 prizes in the pool, from $0.50 up to a single $100 top prize.

InstaSwap trading challenge dates

The InstaSwap trading challenge runs for seven days, from Thursday 22 October to Wednesday 28 October 2026.

Only swaps completed inside the five-day trading window count towards the challenge. The window opens at 00:00 UTC on Friday 23 October and closes at 23:59 UTC on Tuesday 27 October, giving five full days of trading. Swaps made today, Thursday 22 October, before the window opens, do not earn vouchers, so use today to update the app, find the campaign and switch to the Ontology chain.

How to join the trading challenge

1. Update ONTO Wallet to version 4.10.8 or later from onto.app.
2. Open the campaign in one of three ways: tap the InstaSwap campaign banner on the ONTO home page, open InstaSwap from the Dapp page, or search instaswap.onto.app in the Dapp page.
3. Switch your wallet to the Ontology chain. You need to be on Ontology to take part.
4. Swap through InstaSwap during the trading window, the same way you would on any other day.
5. Earn one voucher for every $100 of eligible trading volume. $500 of eligible swaps earns five vouchers.
6. Use each voucher for one spin of the prize wheel.

Each spin draws from the published prize pool below. More eligible volume means more vouchers, and more vouchers means more spins.

The prize pool: $1,000 paid in ONG

ONTO Wallet and InstaSwap are each putting in $500, for a total pool of $1,000. Prizes are set in US dollars and paid in ONG.

The ONG amount for each prize is calculated from an agreed ONG/USD reference price set before the challenge launches, so every prize has a fixed ONG figure before trading starts. Rewards are paid in ONG once winners are confirmed at the close of the challenge.

Why swap through InstaSwap in ONTO

InstaSwap describes itself as a privacy-first cross-chain DEX. Its swaps are non-custodial: your keys stay with you, and trades settle on chain rather than through an exchange account.

Having it inside ONTO means you can move assets between chains from the same wallet that holds your identity and your data profile. There is no separate exchange account to open and no custody handover to make the swap.

Fair play rules for the trading challenge

Only genuine, eligible swaps completed through InstaSwap in ONTO Wallet count. The following are not allowed:

• Wash trading, self-trading or any other fake volume
• Using multiple accounts or wallets to inflate vouchers
• Bots, scripts or automated interactions
• Collusion or any other abnormal trading behaviour

ONTO Wallet and InstaSwap can review trading activity, cancel vouchers or rewards linked to abuse, disqualify participants and suspend access where necessary. All decisions on eligibility and rewards are final.

Get set before the trading window opens

Update ONTO Wallet today, find the InstaSwap campaign banner on the home page or in the Dapp page, and switch to the Ontology chain. The trading window opens at 00:00 UTC tomorrow, Friday 23 October, and closes at 23:59 UTC on Tuesday 27 October.

Follow @ONTOWallet and @instaswap_io on X for the opening post and updates through the week.