BattleRhino Crowned Champion in Orderly Network’s Exclusive Crypto Trading Contest
Top Takeaways:
- The thrilling World Series of Trading (WSOT) X Crypto Championships has drawn to a close, crowning @lBattleRhino as the champion with a whopping $100,000 grand prize.
- Twelve top-tier traders embarked on the contest, each commencing with a $10,000 stake, showcasing their skills across several Orderly-powered decentralized exchanges (DEXs).
- The event served as a testament to the resilient liquidity and robust infrastructure of the Orderly Network, holding strong through the volatile market tides.
An intense battle across the trading elite
The Orderly Network has successfully wrapped up the notable World Series of Trading (WSOT) X Crypto Championships, with @lBattleRhino securing the first place. The four-week marathon, spanning from July 15 to August 12, 2024, assembled 12 of the crypto world’s renowned traders, who all kicked off their journey with an initial $10,000 in collateral whilst competing on various Orderly-infused DEX platforms such as WOOFi Pro, IBX, LogX Pro, VOOI, and OXMarkets.
WSOT kicks off today 👑
Who will be the first to get liquidated? @satsdart and others in the race…
July 15, 2024
This competition, modeling itself after the point system seen in Formula 1 races, doled out points over four weekly ranking sessions. This scoring method aimed to reward ongoing excellence and imaginative trading approaches, delivering an enthralling experience for competitors and audience members alike.
Excitement, mishaps, and the ultimate triumph
The event had traders tackle tricky market fluctuations that put their skills and strategies to the test. One of the standout events was the first-week knockout of popular trader @thiccyth0t, who faced elimination while attempting to short $WLD on the VOOI exchange. Despite the unforeseen turns of events, @lBattleRhino held firm to secure the top position, reaping a lucrative prize of $100,000 in USDC. Special accolades belong to @gametheorizing and @satsdart for their impressive second and third-place finishes, each obtaining sizeable monetary awards.
Jordi Alexander, the CEO of Selini Capital and standout leader during the second week, shared insights on the contest, highlighting the strategic intertwining of game theory and trading expertise required to best the opposition. He shed light on the competition’s layered strategies, pointing out how important it is to factor in the adversaries’ tactics while staying ahead in trades.
A display of Orderly Network’s fortitude
The WSOT X Crypto Championships not only shone a spotlight on individual trading acumen but also showcased the technological resilience of the Orderly Network. Amidst market unpredictability, the network upheld its liquidity, with trading volumes hitting over $1.5 billion throughout the event, reinforcing Orderly Network’s role as a pivotal element in the DeFi arena, capable of supporting various financial instruments on numerous blockchains.
Ran Yi, Co-Founder of Orderly Network, lauded the competition’s success, remarking on its efficacy in evaluating and enhancing the network’s operational capabilities. Yi also teased the crypto community with hints of more thrilling and inventive developments to come in future WSOT installments.
In Summary
The WSOT X Crypto Championships emerged as an electrifying display of top trading talent and Orderly Network’s dependable infrastructure. With the competition behind us, anticipation heightens for what lies ahead from Orderly Network in fostering trader engagement and driving forward DeFi innovation.
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