Orderly Network is proud to announce Rhino (@lBattleRhino) as the winner of its landmark trading competition dubbed WSOT. The 4-week long competition, launched July 15th, featured 12 industry-renowned traders on the 𝕏 platform, each engaging in a grand-prix style points battle across various Orderly-powered DEXs. The trading venues—WOOFi Pro, IBX, LogX Pro, VOOI, and OXMarkets—hosted the intense competition, with each trader starting out with a collateral of $10,000.

WSOT’s star-studded line-up of traders included @DeFiSquared, @CL207, @theo_crypto99, @izebel_eth, Sats @satsdart, @thiccyth0t, @Timeless_Crypto, Rhino (@lBattleRhino), @naniXBT, @gametheorizing, @zhusu, and @ByzGeneral.

The first week started with a bang as popular crypto trader @thiccyth0t got rekt in his position shorting $WLD on VOOI, leaving 11 traders to battle out for the top spot. @zhusu, trading on OxFun, eventually emerged Week 1’s winner with an impressive 187.9% cumulative PnL, earning the maximum 25 points for the week. DeFi^2 and Jordi snatched the 2nd & 3rd positions with cumulative PnLs of 132.7% and 48.2%, respectively.

The following weeks 2 & 3 ushered in another drama as markets experienced extreme volatility. While Orderly Network’s renowned top-of-book liquidity withstood all turbulence, with 24-hour trading volumes surpassing $1.5 billion during this period, there was no saving many of the traders – including week 2 winner, Jordi (@gametheorizing).

It seemed like @CL207 (trading on WOOFi Pro) was NGMI but his strategy to play things safe paid off, earning him 2nd spot at the end of week 3. Rhino (@lBattleRhino) landed the top spot for Week 3 trading on IBX(@IBXtrade), however, Jordi (@gametheorizing) maintained his spot at the top of the overall leaderboard having accrued the most points in the competition thus far (week 1 -3).

Jordi held the lead entering the final and deciding week, but in the most dramatic late turn of events and a mere 2-points gap, Rhino (@lBattleRhino) swooped up the top spot which eventually saw him emerge as the first-ever champion of WSOT 1.0 – snatching up the grand prize of $100,000 with Jordi (@gametheorizing) landing 2nd position and bagging $50,000. The 3rd spot also saw a fierce trade-off with another mere 2 points lead with Sats @satsdart knocking off @CL207 to bag the $25,000 prize for the spot.



Congratulations to the champ – Rhino (@lBattleRhino)!🚀🎉

Jordi Alexander(@gametheorizing), Founder/CEO, Selini Capital, and runner-up of the competition commented on WSOT.

"Competitions are always fun and involve a lot of game theory - the trading competition has not been just about trading well but also trying to consider opponent's trades and staying ahead of them, which is even more strategic"

Popular retail trader and altcoin hunter – @AltcoinSherpa – kept tabs on things during the competition, providing regular updates on the positions and strategies of the traders. Speaking on his experience, he said;

“The current WSOT is fantastic. I think that this competition has been a rousing success thus far; mostly in part because we have so many great traders in it. I think it also really highlights the great benefits of Orderly overall and how versatile it is. Traders are trading on many different dexes and they’re all powered by Orderly. Pretty cool stuff.”

Ran Yi, Co-Founder, Orderly Network, highlighted the resounding success of WSOT as an avenue to put the Orderly infrastructure to the test. He echoed,

“We are extremely grateful to every trader who participated in WSOT, as well as those who helped make it happen. WSOT 1.0 was an exciting and rewarding experience for everyone involved. It not only showcased the strength of our infrastructure but also provided invaluable feedback from top traders that will help us improve Orderly even further. If you thought WSOT 1.0 was impressive, just wait until you see what we have in store for WSOT 2.0. Stay tuned!

In a recent blog post, Orderly Network announced a 60% revenue-sharing model for stakers of its $ORDER token following the TGE. According to Dune Analytics, Orderly Network has already earned over $8 million in net fees, excluding the share generated by builders operating on the protocol. For those who hold and stake $ORDER, 60% of new net fees will continually accrue to them, with the possibility of future percentage increases.

"Revenue sharing has always been part of our plans at Orderly, and I’m thrilled that we can now offer this to our community," said Ran, discussing the upcoming TGE. "With $ORDER, stakers will receive a substantial share of net trading revenues, along with additional benefits tied to the future utilities of the token—details of which will be announced post-launch.”

Catch up with Ran, Arjun, AltcoinSherpa, and many more guests on the WSOT Wrap Up 𝕏 Spaces at 9:30 AM UTC tomorrow.

About WSOT

The World Series of Trading (WSOT) is an exclusive, “invite-only” trading competition hosted by Orderly Network. This prestigious event brings together industry-renowned KOLs (Key Opinion Leaders) and top traders for a high-stakes showdown on Orderly-powered DEXs. Competitors vie for the coveted WSOT Championship belt alongside substantial cash prizes. The WSOT competition is a signature event from Orderly, designed to showcase the strength of DeFi and attract institutional players into the decentralized finance space.

About Orderly Network

Orderly Network is a permissionless liquidity layer for Web3 trading. Built on omnichain infrastructure, Orderly enables deep liquidity for any asset across multiple blockchains. Focused on a future of DeFi that’s open to all, Orderly empowers developers to fluidly create a comprehensive array of financial products for any level of trader, without the risks of wrapped asset movement through cross-chain bridging.

Learn more at orderly.network

For PR enquiries related to this release, please contact pr@orderly.network