Horizon Futures Testnet Trading Competition x Coinwire — Season 2 Conclusion

Horizon Protocol
3 min readMay 27, 2024

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As the Horizon Futures Testnet Trading Competition Season #2 draws to a close, we are excited to celebrate the incredible participation and enthusiasm shown by our community. This season, which began on May 6th, brought together talented traders from across the globe, all competing for a share of the 2000 PYTH prize pool.

Throughout the competition, participants showcased their trading skills using Horizon Protocol’s advanced decentralized futures trading platform, utilizing tools such as 50x leverage, limit, stop, take-profit, and stop-loss automated orders.

Competition Highlights

- 125 wallets participated, demonstrating the strong interest and engagement within our community.

- 6,948,187 USD in futures trading volume over the last 30 days, showcasing the robust activity on our platform.

- 1,335 trades executed, reflecting the dynamic and competitive nature of this Season #2.

Congratulations to the Winners!

The competition was fierce, and we are thrilled to announce the top 10 traders who demonstrated exceptional prowess and achieved the highest Percentage of PnL during the competition period:

1st Place: 800 PYTH — 1531.14%
0xea39b5ac483428b80c8e23b9b908efb1d2302b9d

2nd Place: 500 PYTH — 861.51%
0xb5e3d0b92e5e94082d3bf2aa9c584b21117b2dfa

3rd Place: 350 PYTH — 457.80%
0x958a3f8e00753adf428f587e4c92331ba463ae93

4th-10th Place: 50 PYTH each
0x5f62a4053dbab1c0ee90a75ecfadf288603dab8d

0xd7202449533b348d4eb585d7131a24ec90b0b2f7

0x5091193c0fe1adad6a4a0fad19c62e17f8d13f09

0xeddf98b078a8ad0023065b33c587ab16bbf042bd

0x83f85e683d349031ff7963352927d7e8b6ffdb8a

0xcb7d0aca32889f4eda0abb0dbc27fd30cba7d065

0x36bf3212989681c1e9f9b8f722406e2cc76eb1a5

Take a look at the trading history of the #1 trader showing outstanding performance on all trades.

Soon, Horizon Futures will introduce a leaderboard feature, enabling you to learn from other great traders and enhance your trading strategies, amplifying the power of decentralization.

Prize Distribution

Winners will receive their prizes within 7 days following the end of the competition to the addresses shared in the Galxe quest. It is important that all winners complete the Galxe quest and fill in the required information to be eligible for the prizes.

Reflecting on Season #2

This season was not just about competition but also about rigorously testing our platform under intense real-use conditions and gathering invaluable feedback from our participants. The insights and feedback we received will help us enhance the Horizon Protocol platform, ensuring it meets the highest standards of performance and user experience.

A heartfelt thank you to all participants, our media partners Coinwire, BSCDaily and ArbitrumDaily for making this competition a grand success. Your enthusiasm and commitment are what drive us to continually innovate and improve the Horizon Protocol ecosystem.

Share Your Feedback

We value your feedback and invite all participants to share their trading experiences through our survey. By completing the survey, you will have a chance to share in a $100 reward pool. Your feedback is crucial in helping us improve and provide the best possible trading environment.

Stay tuned for more!

The end of this competition marks the beginning of many more exciting opportunities with Horizon Protocol. Stay tuned for future events, updates, and continuous enhancements to our platform. Follow us on our social media channels and join our community to stay informed.

Let’s keep the momentum going as we move forward, exploring new frontiers in decentralized derivatives trading.

About Coinwire

Coinwire is a renowned knowledge hub with a large active community, bringing top-quality information, educational resources, and the latest news about crypto and trading. Coinwire is part of the TKMedia group, a leading Web3 Media publisher with massive reach through strong brands such as BSCDaily, EthereumDaily, and ArbitrumDaily.

About Horizon Protocol

Horizon Protocol is a decentralized derivatives trading and liquidity protocol providing decentralized access to the real-world economy through synthetic assets. Through Horizon Protocol, users can access swaps and perpetual futures of RWA (real-world assets), including fiat currencies (i.e., USD, EUR, JPY), and commodities (i.e., gold, silver).

By leveraging a peer-to-pool model, Horizon Protocol offers DeFi traders low fees, deep liquidity, and zero slippage when trading borderless synthetic assets. Our focus on seamless UI/UX and educational content empowers our community to harness the full potential of DeFi derivatives.

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