Orderly Network Unveils the X Crypto Trading Championship with a $175K USDC Prize Pool to Acknowledge Traders
In Brief
Orderly Network has kicked off the X Crypto Trading Championship, boasting a grand total of $175,000 USDC in prize money aimed at professional traders.
Omnichain liquidity layer Orderly Network The X Crypto Trading Championship has been launched, providing a cryptocurrency trading competition with a generous prize pool of $175,000 USDC. The goal of this initiative is to motivate and attract elite traders from around the world by organizing competitive trading events that inspire renewed excitement within the trading community.
The competition has officially begun and will continue for four weeks, segmented into four ranking phases, each lasting one week. Contestants' trading abilities will be assessed in USDC, based on their trading gains or losses (PNL) across various trading pairs on the Orderly Network. Ranking updates will occur consistently, and prizes will be distributed based on the points accumulated throughout the competition.
The X Crypto Trading Championship is exclusive to invited expert traders verified by Orderly Network, ensuring a competitive atmosphere populated by highly skilled participants. Moreover, each invited Master Trader will have $10,000 USDC preloaded to their verified wallet beforehand, enabling them to trade across all the ranking periods.
Orderly Network Launches ‘The Road to the Order’ Campaign to Reward Engaged Traders with Merits
Alongside the competition's launch, Orderly Network has initiated 'The Road to the Order' campaign, aimed at rewarding active traders with 'Merits'. These Merits enhance their chances of qualifying for an upcoming airdrop tied to the network's Token Generation Event (TGE). This campaign has successfully engaged over 69,000 traders on a weekly basis, who earn these Merits through their trading endeavors on the platform.
'Merits' refer to a point system established by Orderly Network in March, enabling users to collect points that can later be exchanged for tokens following their issuance.
Orderly Network seamlessly integrates an order-book model trading infrastructure with a robust liquidity layer that backs both spot and perpetual futures trading. Unlike traditional trading platforms, it functions as a core element within the ecosystem, delivering essential services to the integrated projects.
Recently, Orderly Network It has been announced that the platform is now operational on the Ethereum mainnet, where users can engage in direct trading at this fundamental level. Additionally, the decentralized exchange (DEX) on the Ethereum mainnet is now equipped to handle perpetual contracts through the capabilities of Orderly Network.
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