AshPerp Perpetual Paper-trading Competition — Battle Of Perps: Event Recap
Dear AshPerp community,
A sweet challenge — that’s what best describes the recently concluded perpetual paper-trading competition on AshPerp Mainnet, Battle Of Perps.
This four-week event has attracted hundreds of participants eager to test their skills and strategies on our perp DEX — AshPerp. Looking back at this remarkable journey, it becomes clear that this trading competition exceeded expectations in multiple ways.
For community members interested in the Trading Competition data and upcoming events on AshPerp, let’s delve into our event recap!
Overall Statistics
- Trading competition participants:
457 - 1-Click Trade Wallet activation percentage:
33.6% - Total accumulated trading volume:
1,121,898,951bpUSD - Daily trading volume on average:
36,190,288.74bpUSD - Total opened trades:
5,382 - Highest traded volume in 1 position:
9,550,000bpUSD - Highest profit earned in 1 position:
213,217.77bpUSD - Highest liquidation in 1 position:
137,152.78bpUSD - Total profit earned by traders:
3,918,406.51bpUSD - Winrate on average:
45,46%
We were super impressed with the figures. Not only did it showcase what a perp DEX can handle on a highly scalable blockchain like MultiversX, but it also put our backend to the test. We thank the community for their high level of participation, support, and feedback.
Winners & Prizes
Amidst fierce competition, exceptional traders and referrers have triumphed, showcasing trading skills and community-building talent. Navigating the simulated environment with precision, they made informed decisions that set them apart.
Congratulations to the top 30 traders awarded trading prizes for their remarkable achievements. A special mention goes to the 5 best referrers, signifying their pivotal role in the Battle Of Perps Referral Campaigns.
Last but not least, an additional bounty will be shared with 6 traders who were excluded from the original trading leaderboard for their endeavor to identify system vulnerabilities.
Please have a final look at the detailed prize allocation here: https://docs.google.com/spreadsheets/d/16ngkA5PEiZ3GX8ZTxFm_1uC7QBmWTrXAlJAI0MJGJY8/edit?usp=sharing
Trading Leaderboard
Referral Leaderboard
Special Bounty
Reward Distribution
- AshGuard NFT Whitelists will be given exclusive access to the winners during the minting date of AshGuard NFTs in February.
- $ASH and $USDC token rewards will be distributed within 30 working days from the end of the event.
Special Thanks
We are deeply grateful to all the participants, sponsors, and communication partners who have worked with us to make this event successful.
Your unwavering support and trust in the vision of the AshSwap team are invaluable assets that drive us to new heights. We highly appreciate your contributions to product development and business expansion.
Above all, AshPerp is built and led by the community.
Now, what’s next?
We have a big few weeks ahead.
We are in the process of fully improving the back-end and front-end. The next milestones will be the AshGuard NFT launch and the Official Mainnet Launch in early Q1 of 2024. As part of AshSwap’s Big Ideas in 2024, a new era of utility-driven and user-centric perp DEX is widely opening for all of us.
We would like to invite you all to embark on this journey with us! Let’s explore fully the ins and outs of AshPerp.
- AshPerp Devnet: https://perp-devnet.ashswap.io/
- AshPerp Document: https://docs.ashswap.io/getting-started/understand-ashperp
- AshPerp Introduction: https://medium.com/@ashswap/ashperp-the-first-decentralized-perpetual-dex-on-multiversx-5371d5276855
About AshPerp
AshPerp aims to revolutionize the MultiversX DeFi landscape by offering a more inclusive, profitable, and speedy trading experience on perpetual DEX. By combining the strengths of Synthetic Approach, Stablecoin-LP Vault, a user-friendly trading UI, and an upcoming exclusive Utility NFT collection, AshPerp is well-positioned to onboard more traders and liquidity providers while providing more earning opportunities in the MultiversX DeFi ecosystem.
Stay Tuned
Follow our social media channels to stay updated on upcoming events and community incentive programs.
