Deri’s Trading Competition Recap #2
Another week is gone and we are now at the midpoint of the trading competition! Here’s a recap for week 2.
A total of 327 users have placed a trade on Deri since the start of the competition, with 113 new traders last week alone. 334 more trades have now added about $7M in volume, for a grand total of $21,460,000!
ETH retains its crown as the most traded asset with 505 trades in total (173 in week 2), with BTC a distant second with 340 trades (+143). SHIB remains the most traded Inno Zone asset with 24 trades (no new trades) but SOL is getting closer with 15 trades (12 last week), perhaps reflecting the SOL ETF news and the general good performance of the asset in the last couple of weeks against other top coins.
The overall P&L is still negative with -$8,244 and the same average as last week with -$25 per trader. The majority is still long with 57% against 43% shorts, a trend that stayed exactly the same during week 2.
Now for your best traders!
0x794c…b810 is still at the top of the rankings but with now a lower P&L at +$319 while the second 0xf05b…c3a6 clocks in at +$259. The race is on!
For the ROI Masters, the competition is also fierce with 0x4568…0168 leading with +58% ROI, with 0xf05b…c3a6 right behind at +51% (note that only traders with a volume above $100 are eligible).
For the High Rollers prize, 0x01ca…38f4 remains #1 with now $14.6M traded!
In the Inno Zone rankings, the leadership changed with 0xb0cf…c071 taking the top rank with +$7 in P&L. It’s still a very open category, and anyone with a bit more volume could come and scoop the win.
We only have a few referrers but they have already accumulated more than $70 in commissions. You could be one of them! Get your code now here: https://deri.io/#/referrals
All the detailed leaderboards can be found here (refreshed every hour): https://deri.io/#/trading-leaderboards
That’s it for week 2! Don’t forget that we also have a Galxe quest running for the competition with an additional 500 USDC in prizes! Join now at https://app.galxe.com/quest/DeriProtocol/GCx6Vtg9XC
Stay tuned for more updates!
About Deri Protocol
Deri, your option, your future!
Deri is the DeFi way to trade derivatives: to hedge, to speculate, to arbitrage, all on chain. With Deri Protocol, trades are executed under AMM paradigm and positions are tokenized as NFTs, highly composable with other DeFi projects. Having provided an on-chain mechanism to exchange risk exposures precisely and capital-efficiently, Deri Protocol has minted one of the most important blocks of the DeFi infrastructure.
