What's the best best ROI trading platform right now?

Perps have obviously been a hot topic in recent month (really since 2025 with hyperliquid's success). I've been spending time farming trading platforms and competitions on perp platforms, and it's been one of the better risk-adjusted plays I've found in this market. The method is boring but it's been working: find the platforms that offer a points program, reduced fees, or rewards for volume, see the activity and if it's underfarmed, put up volume to rank high, and collect. The obvious challenge is picking the right platoform (ie one with a big pool with a thin field).

The idea is simple. To give a hypothetical, a platform runs a trading competitions that pays out to, say, the top 50 by volume and the top 15 by PnL. If a few thousand people are using the platform, good luck & have fun but you likely won't see a huge return. If only a few hundred are, your odds of placing go way up for the same effort. The whole alpha is finding the ones with a big pool and a small field.

Right now, I've been farming volume on Katana's perps. They run a competition about every two weeks, up to $100k in rewards (based on total volume) and split between an overall volume bucket and a PnL bucket. They've recently cut trading fees in half during the competition, so I can effectively do 2x the volume for the same cost, and that helps me rank higher on the leaderboard. Recent comps have had under 300 participants and top volume traders have earned $10k+ in rewards.

This obviously isn't free money. You still have to trade well enough not to give it back, and perps are perps. But the ratio of pool size to competition is better than most things I've farmed, and the rewards + points + questing on katana really offsets a lot of fees I'm paying..

I've looked into other ecosystems and haven't really found anything quite like this - the ecosystems are either saturated or only running points (not real money back) which isn't as attractive to me. I much prefer the cash comps. So what else is out there like this? I'm open to spreading across a few underfarmed comps than pile into one if I can find them.