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Orderly Network Weekly Report: The World Series of Trading Competition Begins on July 15, Offering a Prize Pool of 1.75 Million USDC

BlockBeats2024/07/15 06:19
By:BlockBeats

Orderly Network is hosting a trading competition, The World Series of Trading. The competition will start on July 15 (this Monday) and will last until August 12. 12 traders will compete for a prize pool of 175,000 USDC, and each contestant will start their trading with a starting capital of $10,000.


The participating traders include izebel_eth , DeFiSquared , ByzGeneral , Theo_Crypto99 , thiccyth0t , CL207 , naniXBT , lBattleRhino , Timeless_Crypto , and satsdart .


In addition, this competition is traded through multiple DEXs such as WOOFi, IBXtrade, LogX_Pro, vooi_io and OXFUNHQ.


For more details, please visit here .



Latest Data


According to statistics , Orderly Chain's transaction volume has reached 65 billion US dollars, and more than 1.2 million blocks have been processed. 399,305 accounts have been created on its platform, and 272,722 unique wallets have participated in transactions. On average, each wallet has completed 1.50 Orderly builder transactions. To date, Orderly builders have accumulated more than $8.55 million in revenue. In addition, Orderly itself has netted more than $690,000 in net fees through transactions.



Meritis Points Event


Last week, the 14th Meritis Points Event ended on July 11, with a total of 69,952 traders participating in this cycle.


The 15th Meritis Points Event has now begun. This week, Meritis Points have dropped to 1.8 million and will continue to decrease every week. Currently, more than 69,000 traders have participated in the Meritis Points Event.



About Orderly Network


Orderly Network was founded in April 2022 and is incubated by NEAR and WOO Network. The platform uses an order book-based trading mechanism, combined with cross-chain liquidity and fast execution capabilities, to minimize transaction delays. Orderly Network combines the trading speed and liquidity advantages of centralized exchanges while maintaining the transparency, decentralization and instant settlement capabilities of decentralized finance.



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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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