dYdX Trading Leagues Pilot Program - Request $1M in DYDX from the Community Treasury

dYdX Chain
21

pnlleader
pnlleader1078×756 99.3 KB

The PnL leaderboard it seems corrupted

22

Any update as the leaderboard is not correct representation

23

Yes, the Week 2 leaderboard is still showing for Week 3. My account had approximately $1,000 in PnL for Week 2 and around $200 in PnL for Week 3, but my account is not appearing on the leaderboard. Has anyone received rewards from this campaign? Were the rewards distributed for the first week? Who is receiving the rewards? There have been no updates, and we are already in Week 3.

1 Like
24

Yeah the trading competition UI/UX and transparency is not great atm.

  • 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.

  • 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.

  • 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