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: 56.66%(+0.41%/24h)
ETH Dominance: 12.24%(-0.14%/24h)
Defi Market Cap: $123.27B(-0.22%/24h)
Total Market Cap: $3431.99B(+3.25%/24h)
Total Trading Volume 24h: $134.02B(-14.72%/24h)
ETH Market Cap: $420.08B
Defi to ETH Ratio: 29.35%
Defi Dominance: 3.44%
Altcoin Market Cap: $1487.47B
Altcoin Volume 24h: $89.54B
Total Cryptocurrencies: 32987
Active Cryptocurrencies: 10478
Active Market Pairs: 95178
Active Exchanges: 771
Total Exchanges: 9805
BTC: 98195.24$(0.14%/1H)
ETH: 3486.23$(0.14%/1H)
AVAX: 41.32$(0.34%/1H)
BNB: 702.8$(0.1%/1H)
MATIC: 0.52$(0.06%/1H)
FTM: 1$(-0.29%/1H)
ADA: 0.93$(0.04%/1H)
DOT: 7.46$(-0.09%/1H)
UNI: 14.24$(0.25%/1H)
CAKE: 2.59$(-0.06%/1H)
SUSHI: 1.61$(-0.17%/1H)
ONE: 0.03$(-0.53%/1H)