We are excited to announce the official Top25 winners of our "Optimism Mania" Swap Competition that concluded together with the month of July!
This exciting event has once again brought together the most innovative and talented minds in the world of DeFi, Asset Management, and Hedging Swaps. The competition has been a remarkable success, and we are eager to share the details with you.
The rewards are going to be distributed before the end of August, as explained below.
A Month of Excitement and Innovation
The OP Mania Swap Competition has been a platform for Swappers to showcase their skills, strategies, and insights. Participants have battled it out on the Optimism chain, trading various assets and employing unique strategies to maximize their profits.
The competition has seen some incredible market movements, with participants making the most of the opportunities.
Let's take an example: in the case of OP token, some juicy news moved the market during the month of July. We saw a swing of more than 50% of the token value, from 1.18 USDC to 1.7 : what an incredible summer run!
The leaderboard has been a testament to the skill and acumen of the traders involved in the hedging matter.
We anticipate that the results are unbelieveble!
TOP25 Leaderboard of Competition
The Best Swap of the entire Competition has been made by 0xD2F78d85549cdDDA31c97B23424f0BF588641747 with an amazing 158.95% of profit!
The reward for the best of position of the competition is 150 USDC as explained in the "OP Mania" introduction article!
0xD2F78d85549cdDDA31c97B23424f0BF588641747 becomes also the Top Swapper of the month.
With a stunning 265.67% of total profit takes the crown of the King of the Swappers, congratulations!!
Follows the full "Op Mania" Top25 :
Distribution on Optimism Chain
For the first time ever, the distribution of rewards will take place on the Optimism Layer-2 chain.
It will take place by the end of this month and will follow the Rewards explained in the "OP Mania" introduction article.
A New Chapter in DeFi
While the OP Mania Swap Competition series has come to an end, our journey in DeFi and Asset Management continues. We are committed to bringing you new opportunities, experiences, and challenges. The new Competition "Journey" is born just yesterday, don't miss the opportunity to participate!
Join the Conversation
We invite you to also join MetalSwap's governance forum, where you can actively participate in discussions, gain insights into upcoming projects, and contribute your valuable opinions to shape the future of DeFi, Asset Management, and Hedging Swaps.
A Heartfelt Thank You
We extend our sincere gratitude to everyone who participated in the OP Mania Swap Competition. Your enthusiasm, dedication, and innovation have made this event a resounding success. We look forward to embarking on the next chapter together.
Until next time, stay curious, keep trading, and embrace the endless possibilities of DeFi!
What a time to be in DeFi! 🚀
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To the MetalSwap!
… and beyond!
-The DeFi Foundation
✎ What is MetalSwap?
With MetalSwap we enable hedge swap transactions through the use of Smart Contracts, AMM style.