Free AI + Mock Trading + Prizes? Don’t Miss DeFi Lens’s Mock Trading Competition!

DeFi Lens
3 min readApr 22, 2024

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Ready to put your crypto knowledge to the test? We’re excited to announce the DeFi Lens Mock Trading Competition!

DeFi Lens Mock Trading Competition

The competition runs from April 23 to April 30, 2024. Stay tuned for the exact start time announcement!

This is your chance to hone your skills in a risk-free environment, experiment with DeFi Lens’s powerful AI features like AI Explainer and AI Positions, and compete for a share of a prize pool of 2,000 DeFi Lens Points (DLP) and 300 USDT!

Here’s what awaits you:

  • Risk-Free Trading: Practice your strategies with virtual starting capital of $100,000.
  • Reinvest Your Profits: Put your skills to the test and reinvest your virtual earnings within the competition.
  • Top Trader Rewards: Compete for the top spot and win a share of the prize pool:
  • 1st Place: 1,000 DLP + 200 USDT
  • 2nd Place: 600 DLP + 100 USDT
  • 3rd Place: 400 DLP
  • Daily Quest: All participants receive a reward of 7 DLP/day just for creating a mock trade daily!

How to Participate

  1. Join DeFi Lens (you can join anytime during the competition period)
  2. Start making mock trades! All mock trades made within the competition dates will be counted.
  3. Explore AI Features: Leverage AI Explainer and AI Positions to inform your mock trading decisions.

Creating a Mock Trade

1. Leverage the Power of AI Positions:

First, navigate to the AI Positions page within DeFi Lens. Find a position that interests you.

Each position will have a “Mock Trading” button. Select it to initiate a mock trade based on DeFi Lens AI’s strategy.

Review past performance data by clicking “View Backtest” to gain insights into the past performance of this AI-driven trade.

2. Explore with Your Own Strategy:

Look for the dedicated “Create a Mock Trade” section within DeFi Lens’s AI Positions page. This option allows you to choose your preferred token for the mock trade.

While a wider range of tokens may be available, keep in mind that new tokens or those with very low market caps might not be included.

Important Notice

Mock trades placed before April 23rd will not be counted towards the competition. If you join the competition (after April 23rd), any existing mock trades will be automatically closed.

At the end of the competition on April 30th, all remaining open mock trades will be subject to a virtual stop-loss or take-profit action.

Any unfair or cheating actions will result in disqualification.

Conclusion

We hope this article clarifies the exciting Mock Trading Competition! We look forward to seeing you there and wish you the best of luck!

See you at DeFi Lens: https://defilens.ai

About DeFi Lens

DeFi Lens is a AI Crypto Tool that leverages generative AI to transform how traders or crypto users search for alphas, exchange signals and data, and analyze trading strategies. Signals and strategies are subject to have monetary values and follow a Proof of Trustworthy protocol. The project is incubated by Oraichain Labs.

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DeFi Lens

DeFi Lens, powered by LLM Layer, stands as an AI-driven insight and analysis toolkit that provides personalized DeFi strategy recommendations