--- title: "Fantasy Carbon Trading League: Season 3 Recap & Winner Announced" description: Recap of Season 3 of the AlliedOffsets Fantasy Carbon Trading League, highlighting key strategies, final results, and the champion's performance. image: https://blog.alliedoffsets.com/hubfs/matthew%20kerr.png --- [![AlliedOffsets logo](https://blog.alliedoffsets.com/hubfs/AlliedOffsets_July2026/images/AlliedOffsets-logo.svg "AlliedOffsets logo")](http://alliedoffsets.com) [![logo](https://blog.alliedoffsets.com/hubfs/AlliedOffsets_July2026/images/logo%20(2).svg "logo")](https://staging-wp.alliedoffsets.com/) - About - [About](https://staging-wp.alliedoffsets.com/about/) - [Clients & Partners](https://staging-wp.alliedoffsets.com/clients-partners/) - [Team & Careers](https://staging-wp.alliedoffsets.com/team-careers/) - Products - [API: Data Integration](https://staging-wp.alliedoffsets.com/api/) - [Dashboard: Carbon Data](https://staging-wp.alliedoffsets.com/dashboard/) - [Consulting and Bespoke Offerings](https://staging-wp.alliedoffsets.com/consulting-and-bespoke-offerings/) - [Portfolio Monitoring](https://staging-wp.alliedoffsets.com/portfolio-monitoring/) - Carbon Data - [Carbon Pricing](https://staging-wp.alliedoffsets.com/pricing/) - [Carbon Market Forecasting](https://staging-wp.alliedoffsets.com/forecasting/) - [Carbon Policy](https://staging-wp.alliedoffsets.com/policy/) - [CDR Data](https://staging-wp.alliedoffsets.com/cdr/) - [Buyers](https://staging-wp.alliedoffsets.com/buyers/) - Solutions - [Investing in projects](https://staging-wp.alliedoffsets.com/investing-in-projects/) - [Developing projects](https://staging-wp.alliedoffsets.com/developing-projects/) - [Sourcing projects](https://staging-wp.alliedoffsets.com/sourcing-projects/) - [Selling credits](https://staging-wp.alliedoffsets.com/selling-credits/) - [Trading credits](https://staging-wp.alliedoffsets.com/trading-credits/) - [Market Trends](https://staging-wp.alliedoffsets.com/market-trends/) - Insights & Resources - [Reports, webinars & events](https://staging-wp.alliedoffsets.com/reports/) - [Newsletter](https://staging-wp.alliedoffsets.com/newsletter/) - [Media & Citations](https://staging-wp.alliedoffsets.com/media-citations/) - [Contact](https://staging-wp.alliedoffsets.com/contact/) - About - [About](https://staging-wp.alliedoffsets.com/about/) - [Clients & Partners](https://staging-wp.alliedoffsets.com/clients-partners/) - [Team & Careers](https://staging-wp.alliedoffsets.com/team-careers/) - Products - [API: Data Integration](https://staging-wp.alliedoffsets.com/api/) - [Dashboard: Carbon Data](https://staging-wp.alliedoffsets.com/dashboard/) - [Consulting and Bespoke Offerings](https://staging-wp.alliedoffsets.com/consulting-and-bespoke-offerings/) - [Portfolio Monitoring](https://staging-wp.alliedoffsets.com/portfolio-monitoring/) - Carbon Data - [Carbon Pricing](https://staging-wp.alliedoffsets.com/pricing/) - [Carbon Market Forecasting](https://staging-wp.alliedoffsets.com/forecasting/) - [Carbon Policy](https://staging-wp.alliedoffsets.com/policy/) - [CDR Data](https://staging-wp.alliedoffsets.com/cdr/) - [Buyers](https://staging-wp.alliedoffsets.com/buyers/) - Solutions - [Investing in projects](https://staging-wp.alliedoffsets.com/investing-in-projects/) - [Developing projects](https://staging-wp.alliedoffsets.com/developing-projects/) - [Sourcing projects](https://staging-wp.alliedoffsets.com/sourcing-projects/) - [Selling credits](https://staging-wp.alliedoffsets.com/selling-credits/) - [Trading credits](https://staging-wp.alliedoffsets.com/trading-credits/) - [Market Trends](https://staging-wp.alliedoffsets.com/market-trends/) - Insights & Resources - [Reports, webinars & events](https://staging-wp.alliedoffsets.com/reports/) - [Newsletter](https://staging-wp.alliedoffsets.com/newsletter/) - [Media & Citations](https://staging-wp.alliedoffsets.com/media-citations/) - [Contact](https://staging-wp.alliedoffsets.com/contact/) ![Fantasy Carbon Trading League: Season 3 Recap & Winner Announced](https://blog.alliedoffsets.com/hubfs/matthew%20kerr.png) # Fantasy Carbon Trading League: Season 3 Recap & Winner Announced - Home - [AlliedOffsets](https://blog.alliedoffsets.com) - Fantasy Carbon Trading League: Season 3 Recap & Winner Announced [Max Denniff](https://blog.alliedoffsets.com/author/max-denniff) 12/15/2025 [Data Insights](https://blog.alliedoffsets.com/tag/data-insights), [AlliedOffsets Data Updates](https://blog.alliedoffsets.com/tag/alliedoffsets-data-updates) [0 Comments](https://blog.alliedoffsets.com/fantasy-carbon-trading-league-season-3-recap-winner-announced#postComment) 1 Minutes Last Friday marked the end of the AlliedOffsets Fantasy Carbon Trading League, closing out three seasons of risk-free, data-driven trading in the voluntary carbon market. The league was created to offer a practical way to engage with carbon market dynamics using real project data, live prices, and AlliedOffsets’ Quality Normalization signals, giving participants a structured environment to compare credits, test strategies, and track performance over time, without investing real money. For Seasons 2 and 3, we ran the league in partnership with Carbon Pulse, helping bring the game to a wider carbon market audience. ---   How the game worked Each season, participants started with $10,000 in virtual capital and built a portfolio of voluntary carbon credits. Trades were submitted weekly, and portfolio values updated in line with market pricing. The format enabled players to: - Assess project-level data when selecting credits - Use Quality Normalization to compare credits on a like-for-like basis - Monitor portfolio performance through the season - Benchmark results against peers via the live leaderboard All trading was simulated, meaning the learning and competition were real, but the financial risk wasn’t.   ## Season 3 participation With 59 participants taking part in season 3. Across the season, portfolios reflected a range of approaches to credit selection and portfolio construction, with results shaped by both strategy and market movement. --- ## Season 3: Final results Season 3 of the AlliedOffsets Fantasy Carbon Trading League has officially come to an end. At the end of the season, Matthew Kerr emerged at the top of the leaderboard with a final portfolio value of $19,756.11 marking the second time he’s won the league. With a well-executed strategy and consistent performance throughout, Matthew takes home the trophy as our Season 3 Champion. You can view the final leaderboard below to see how the season played out. ![matthew kerr](https://blog.alliedoffsets.com/hs-fs/hubfs/matthew%20kerr.png?width=728&height=298&name=matthew%20kerr.png)Fantasy Carbon Trading League Leaderboard Well done again, Matthew 👏 --- #### Tag: [Data Insights](https://blog.alliedoffsets.com/tag/data-insights) [AlliedOffsets Data Updates](https://blog.alliedoffsets.com/tag/alliedoffsets-data-updates) #### Share: - [Follow us on Facebook](http://www.facebook.com/share.php?u=https://blog.alliedoffsets.com/fantasy-carbon-trading-league-season-3-recap-winner-announced) - [Follow us on X](https://twitter.com/intent/tweet?url=https://blog.alliedoffsets.com/fantasy-carbon-trading-league-season-3-recap-winner-announced&text=Fantasy%20Carbon%20Trading%20League:%20Season%203%20Recap%20&%20Winner%20Announced) - [Follow us on Linkedin](http://www.linkedin.com/shareArticle?mini=true&url=https://blog.alliedoffsets.com/fantasy-carbon-trading-league-season-3-recap-winner-announced) - [Follow us on Pinterest](http://pinterest.com/pin/create/button/?url=https://blog.alliedoffsets.com/fantasy-carbon-trading-league-season-3-recap-winner-announced&text=Fantasy%20Carbon%20Trading%20League:%20Season%203%20Recap%20&%20Winner%20Announceddescription=Last%20Friday%20marked%20the%20end%20of%20the%20AlliedOffsets%20Fantasy%20Carbon%20Trading%20League,%20closing%20out%20three%20seasons%20of%20risk-free,%20data-driven%20trading%20in%20the%20voluntary[...]&media=https://25967738.fs1.hubspotusercontent-eu1.net/hubfs/25967738/matthew%20kerr.png) --- #### [Brazil’s New ETS: What the AlliedOffsets Dashboard Reveals Previous Post](https://blog.alliedoffsets.com/brazils-new-ets-what-the-alliedoffsets-dashboard-reveals) #### [CDR Monthly Recap November 2025 Next Post](https://blog.alliedoffsets.com/cdr-monthly-recap-november-2025) ### Leave a Reply --- ## Related Posts [AlliedOffsets Data Updates](https://blog.alliedoffsets.com/tag/alliedoffsets-data-updates) [Alex Procton](https://blog.alliedoffsets.com/author/alex-procton) 03 July, 2026 #### [Carbon Credits and Mitigation Banking: The Untapped Opportunity for Project Developers](https://blog.alliedoffsets.com/carbon-credits-and-mitigation-banking-the-untapped-opportunity-for-project-developers) I recently had the opportunity to travel to the Environmental Markets Conference in Chattanooga,... [Read More](https://blog.alliedoffsets.com/carbon-credits-and-mitigation-banking-the-untapped-opportunity-for-project-developers) [AlliedOffsets Data Updates](https://blog.alliedoffsets.com/tag/alliedoffsets-data-updates) [Max Denniff](https://blog.alliedoffsets.com/author/max-denniff) 01 April, 2026 #### [Who is buying carbon credits? Why repeat buyers dominate the voluntary carbon market](https://blog.alliedoffsets.com/why-the-same-companies-keep-buying-carbon-credits-what-the-top-20-buyers-reveal-about-the-voluntary-carbon-market-vcm) In recent years, we at AlliedOffsets have observed an increasing concentration of corporate demand... [Read More](https://blog.alliedoffsets.com/why-the-same-companies-keep-buying-carbon-credits-what-the-top-20-buyers-reveal-about-the-voluntary-carbon-market-vcm) [AlliedOffsets Data Updates](https://blog.alliedoffsets.com/tag/alliedoffsets-data-updates) [Max Denniff](https://blog.alliedoffsets.com/author/max-denniff) 25 March, 2026 #### [What is the voluntary carbon market? Everything you need to know in 2026](https://blog.alliedoffsets.com/what-is-the-voluntary-carbon-market-everything-you-need-to-know-in-2026) The voluntary carbon market (VCM) is one of the fastest-evolving areas of climate finance, and it... [Read More](https://blog.alliedoffsets.com/what-is-the-voluntary-carbon-market-everything-you-need-to-know-in-2026) [![Allied](https://blog.alliedoffsets.com/hubfs/AlliedOffsets_July2026/images/logo%20(2).svg "Allied")](https://staging-wp.alliedoffsets.com/) - [About](https://staging-wp.alliedoffsets.com/about/) - [Clients & Partners](https://staging-wp.alliedoffsets.com/clients-partners/) - [Dashboard](https://staging-wp.alliedoffsets.com/dashboard/) - [Reports & Webinars](https://staging-wp.alliedoffsets.com/reports/) - [Contact](https://staging-wp.alliedoffsets.com/contact/) ©2026 AlliedOffsets, All rights reserved. [Privacy Policy](https://staging-wp.alliedoffsets.com/privacy-policy/) ![AlliedOffsets](https://blog.alliedoffsets.com/hubfs/AlliedOffsets_July2026/images/footer-allign-offsets.svg "AlliedOffsets") ```json { "@context" : "https://schema.org", "@type" : "BlogPosting", "author" : { "@type" : "Person", "name" : "Max Denniff", "url" : "https://blog.alliedoffsets.com/author/max-denniff" }, "dateModified" : "2025-12-15T15:39:09.409Z", "datePublished" : "2025-12-15T15:39:09.000Z", "headline" : "Fantasy Carbon Trading League: Season 3 Recap & Winner Announced", "image" : [ "https://blog.alliedoffsets.com/hubfs/matthew%20kerr.png" ], "mainEntityOfPage" : { "@id" : "https://blog.alliedoffsets.com/fantasy-carbon-trading-league-season-3-recap-winner-announced", "@type" : "WebPage" }, "publisher" : { "@type" : "Organization", "logo" : { "@type" : "ImageObject", "url" : "https://blog.alliedoffsets.com/hubfs/logo%201.png" }, "name" : "AlliedOffsets" } } ```