Announcing Polkamarkets Leaderboard Feature

Polkamarkets Labs
Polkamarkets Blog
Published in
3 min readJul 1, 2022
Announcing Polkamarkets Leaderboard Feature

We’re thrilled to announce Leaderboard & Rankings Feature on the Polkamarkets webapp, where forecasters can check their personal performance and compare themselves with others in the community.

If you haven’t already joined our Discord and Twitter, click here to join the conversation! Please also read this article to learn more about how Polkamarkets Protocol uses an Optimistic Oracle mechanism to resolve markets.

Introducing the Leaderboard

The leaderboard unlocks a new level of engagement with the Polkamarkets Protocol through competition, allowing you to measure your personal performance and compare yourself to the broader Polkamarkets community.

The leaderboard ranks wallets based on activity and performance, such as net and gross trading volume, number of markets created, liquidity provision, and, last but certainly not least, how many wins you have.

The leaderboard categories are also aligned with the renewed Weekly Prizes with $POLK rewards, making it easier for you to understand what you need to do to rank in the top 5 of each category and earn rewards every week.

The leaderboard also displays the Achievement NFTs to illustrate how reputable a wallet is.

How does it work?

The leaderboard has the following categories:

  • Gross Volume
  • Markets Created
  • Won Predictions
  • Net Volume
  • Net Liquidity

You can see how wallets rank by week, month or all-time, giving you an overview of your performance, and that of others, over time, in a single page. In addition to these statistics, you’ll see the NFTs already claimed by each wallet, showcasing that wallet’s overall level of engagement with the protocol.

The leaderboard is scoped per blockchain, so if you use the Network Switch in the top-right-hand corner of the app, you’ll be able to see the rankings for either Moonbeam or Moonriver.

What’s next?

Now that you can see how all wallets perform, we’re sure you’ll want to zoom in into each wallet’s history, including your own. Our next release will be the User Profile page, where you’ll see exactly that. Stay tuned!

Give it a go!

Access the new Leaderboard feature now to see how you compare to other participants and figure out how you can be amongst the best forecasters in the Polkamarkets community!

New to Polkamarkets? Come predict the future.

You can find all the help you need on how to use the Polkamarkets protocol here. We have launched a series of videos and tutorials to help you get started with Polkamarkets.

We highly recommend that you read our article on Strategies and risks for Liquidity Providers before you decide to create a market or provide liquidity.

Before getting started, make sure you have read and agree with the Terms and Conditions and Risk Disclosure policies.

About Polkamarkets

Polkamarkets is an Autonomous Prediction Market Protocol built for multi-chain information exchange and trading where users take positions on outcomes of real-world events–in decentralized and interoperable EVMs.

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Polkamarkets Labs
Polkamarkets Blog

Polkamarkets Labs provides services and products designed to enhance the creation and management of prediction markets. https://www.polkamarkets.com/