Trader made 16,000% profit in Ladder Monopoly NFT Trading Competition
The Monopoly game hosted by Ladder Protocol has come to an end. It resulted in a trading volume of $1.12M with 5625 executed transactions and tokens worth $599.95K and NFT’s TVL.
The Monopoly game hosted by Ladder Protocol has come to an end. It resulted in a trading volume of $1.12M with 5625 executed transactions and tokens worth $599.95K and NFT’s TVL.
Our top 10 positions on the Top Asset Value leaderboard start at $8.44K and go all the way up to our #1 leader at $82.33K! Recall that each participant started with an equal amount of test ETH assets equal to $5000 usdt, which means the top 1 trader made an insane 16,000%.
Top 10 positions for Top Liquidity Provided within Monopoly start at $6.22K and go all the way up to our first place leader at $55.8K. The top 10 positions for total traded volume in our simulator start at $249.26K and go all the way up to our #1 leader at $29.9M! That means our #1 leader has 120 times the number of transactions it would have taken to get into the leaderboards!
The Monopoly Trading Contest was a paper money contest for NFT traders with mirrored assets on the Sepolia Test Network. Well-known blue chip projects (including MAYC, Crypto Punks, Azuki, Pudgy Penguins, Renga, Doodles, Art Blocks and many others) were available for trading in the same way as Ladder partner projects.
Our list of monopoly partners includes Starry Nift, Weirdo Ghost Gang, Gritti, Isekai Meta, Furion, Genso, Fansi, NEXTYPE, Gamespace, Apeiron, Cheers UP, FPX Metaverse and Wonderpals! Prize pool of 13 different NFTs, 535 whitelists and 10k $GP tokens were shared between the winners.
Among the most active communities was GensoKishi Online, the metaverse game with 15 years of history with 186 trades and a trade volume of $156,246. Metaboom, a web3 music player NFT collection finished with 139 trades and a trade volume of $81,435. Weirdo Ghost Gang- the community, OUTA the box NFT collection, has been the most active LP with nearly 1,000 NFTs locked in LP pools with $72,346 trading volume.
Ladder is a unique AMM (Automated Market Maker) protocol that provides instant liquidity for NFTs including ERC-20, ERC-721, ERC-1155 standards. Unlike other NFT marketplaces that operate on an order book style, the Ladder Protocol takes a different approach by using Automated Market Makers and limit orders. By doing so, we aim to offer instant swaps for NFTs with low slippage and low fees!
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