Yeah the trading competition UI/UX and transparency is not great atm.
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During the active week updates seem to be every 8-12 hours rather than real-time, or close to it; on top of that the updates don’t seem to be consistent or make sense. Sometimes the updates look like they’re lagging by several days, and then some days they are not.
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No real telegraph as to what volume bracket you are in, seen people atop the leaderboard with a few million PNL and I’d assume they would be in the $500 Million bracket rather than below it. We can deduce this by the prize amount on the rightmost column, but still needs better UX design here.
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We don’t get a printout of the leaderboards at End of Week, for every volume tier and the address they were issued out to.
Also kind of weird to me that we are celebrating $ PNL rather than ROI%?
Every trading comp I’ve participated in for the last 15 years in both FOREX and Crypto has always been a Percentage Return on Investment, rather than capital, as then that can just be gamified with who has the biggest pockets, rather than the better trader.
Currently just feels like a Poker Cash Game, you bust out, just reload with more cash at a different table ( different account ) and just re-try for the leaderboard. No real incentive for better traders, you’re just going to get played out by the person who has more capital to keep reloading under a new wallet.
As it stands now, you can place in the top 50 by just not trading at all until the last day and taking a modest gamble as the trading week expires. This is why ROI % is industry standard practice in leveraged trading markets.
From Dukascopy to Bybit.
Would like some feedback please @eguegu @chaoslabs
Cheers