Ranking metric is Sharpe Ratio of the Contest Period (specifically for Q24 Contest it is April 1, 2026 - July 31, 2026).

Unique user - each user can only win one prize .

The prize structure is the same as all earlier competitions - allocation to top 7 submissions with structure $1M / $750K / $500K / $100K / $50K × 3

The notebook example/template is made for Q24 Contest. Scale date in the template is chosen randomly just as simulation, to present how the scaling function works. Q24 dates are:

'In Contest' - submissions selected to participate to certain contest, and contest is still in the Contest Period (like Q24 at the moment).
'After Contest' - submissions from all earlier completed contests.
Strategies in Candidates, cannot be selected to running contests in which Entry phase is over (Contest Period started).

SubmissionEquity <= 1.0 - no payouts. SubmissionEquity > 1.0 but underperforms the benchmark - no payouts. SubmissionEquity > 1.0 and overperforms the benchmark, there are payouts calculated by the formula.

Payouts are calculated at the end of each month of Payout phase, based on the profit generated relative to the benchmark (only new profits):
Prize * 0.1 * (PayoutScore – 1.0),
which means 10% of the profit generated.

You can also check the Official rules for Q24 https://quantiacs.com/contest/24.
Please feel free to ask if you have any further questions.

Best regards,