According to ChainCatcher, Orderly Network announced the launch of a crypto trading tournament with a total prize pool of 175,000 USDC. The purpose is to motivate and attract world-renowned traders through trading competitions and rekindle the community's trading enthusiasm.

The competition will start at 21:00 UTC+8 on July 15 and will last for four weeks, divided into four ranking stages. Each stage will last for one week, during which the trading performance of participants will be calculated in USDC based on the profit and loss (PNL) of all Orderly Network trading pairs. The results will be announced after each ranking stage, and rewards will be distributed according to the points accumulated during the entire competition.

Orderly is a full-chain derivatives liquidity layer project that integrates full-chain derivatives liquidity to provide liquidity and settlement support for any asset, any public chain, and any product interface.