According to @ranyi1115, on day two of Aden’s $1M USDT trading competition, Orderly-powered decentralized exchanges recorded a daily trading volume of $508 million, with 2,800 daily active users. OmniVault contributed $15 million in trading volume and delivered $10,000 profit and loss (PnL) to users, resulting in a 30-day APR of 36.5%. These metrics signal strong user engagement and high yield opportunities, highlighting growing interest in decentralized trading competitions and potential short-term trading gains for active participants (source: @ranyi1115).

According to @ranyi1115, the Orderly-powered decentralized exchanges (DEXs) have seen total open interest (OI) grow from under $10 million to over $40 million in the past six months. Notably, BTC, ETH, and SOL now account for only 37% of total OI, signaling a shift towards altcoins and memecoins as the main drivers of trading activity. With over 130 markets live on platforms like Raydium Protocol, traders should watch for increased volatility and liquidity in alternative tokens on Orderly DEXs. This trend suggests a trading opportunity in emerging altcoin and memecoin markets, while major tokens show relatively reduced dominance. Source: @ranyi1115.