dYdX Protocol Teams Up With Hummingbot To Launch Bounty Program

Published on: 31.07.2021

A protocol for short selling and derivatives built on the Ethereum blockchain, dYdX announced partnership with Hummingbot to launch a bounty hunt program.

Hummingbot is working with dYdX to distribute $15,000 in prizes for those Hummingbot community members, developers and creative hackers who are willing to accept the bounty challenge.

The bounty is divided into three (3) phases:

  1. New Strategy Bounty- $10,000
    The first challenge is to create a new strategy to used with the Hummingbot client, leveraging dYdX advantages
  2. Content Bounty-$2,000
    The next challenge is about creating an excellent content teaching how to use Hummingbot and dYdX. ( video, guiding tutorial, article) are eligible as long as the contents make the experience of starting firing up a Hummingbot instance with dYdX easier
  3. Tips-$3,000 shared among meaningful and interesting contributions

BOUNTY SCHEDULE

  • Start Date—9th August 2021
  • Last Submission Day—1st October 2021
  • Winner Announcement—2 weeks after submission

The goal of this bounty is to create a new strategy for dYdX perpetual exchange.

ABOUT dYdX
dYdX is a protocol for short selling and derivatives built on the Ethereum blockchain. dYdX provides decentralized peer-to-peer shorting, lending, and options trading of any Ethereum based token

ABOUT Humingbot.io
Hummingbot is the leading open-source trading bot project in crypto, with 33k+ installs and connectors to 20+ exchanges such as Coinbase, Binance, and Huobi

RESOURCES
dYdX Blog

Market Stats:
BTC Dominance: 58.01%(-0.02%/24h)
ETH Dominance: 13.07%(+0.09%/24h)
Defi Market Cap: $159.08B(+5.73%/24h)
Total Market Cap: $4134.47B(+1.46%/24h)
Total Trading Volume 24h: $202.62B(+7.46%/24h)
ETH Market Cap: $539.78B
Defi to ETH Ratio: 29.47%
Defi Dominance: 3.76%
Altcoin Market Cap: $1736.1B
Altcoin Volume 24h: $129.72B
Total Cryptocurrencies: 36190
Active Cryptocurrencies: 9513
Active Market Pairs: 112476
Active Exchanges: 853
Total Exchanges: 11193
BTC: 120258.84$(-0.2%/1H)
ETH: 4473.52$(-0.15%/1H)
AVAX: 30.18$(-0.62%/1H)
BNB: 1103.37$(-0.39%/1H)
MATIC: 0$(0.95%/1H)
FTM: 0$(-0.27%/1H)
ADA: 0.86$(-0.36%/1H)
DOT: 4.22$(-0.1%/1H)
UNI: 8.22$(-0.23%/1H)
CAKE: 3.29$(-0.23%/1H)
SUSHI: 0.72$(-0.34%/1H)
ONE: 0.01$(-0.35%/1H)