Liquidity Mining: 2022 January recap

博客 » Liquidity Mining: 2022 January recap
2022-jan-lm-mr-img01

Dennis Buyco

2022-02-01 · 6 min read

As the first month of 2022 concludes, we are full of excitement to share that Hummingbot miner has achieved a cumulative $3 billion of filled orders! During the month of January, we also reached a new all-time high in terms of active bots, with 1,870 bots. We have also added 20 new campaigns to kick-start your crypto trading in 2022, with $200,000 in prizes on the line!

Monthly stats highlights

Total filled order volume on Hummingbot Miner increased by almost 4% in January, reaching a total cumulative value of about $3 billion!

2022-jan-lm-mr-img02
  • Order volume has reached $3bn, a 4% increase month over month.

  • The total number of unique miners hit 3,924! Another 126 new miners joined and earned rewards in January.

  • The total rewards from all exchanges reach almost $3m!

  • The total number of active daily bots reached a new all-time high of 1,870!

New campaigns and extensions

  • Hummingbot Miner launches 20 new liquidity mining campaigns on AscendEX. These 8-week campaigns feature many DeFi projects poised to accelerate in the new year. With$200,000 up for grabs!

  • ShareRing has decided to resume its liquidity mining campaign for another 12 weeks with a total reward pool of $15,000 in SHR tokens!

  • The Radix campaign will be extended for four months and new campaigns will be added on AscendEX and Gate.io!

  • Ternoa is coming to Hummingbot Miner with a new 8-week liquidity mining campaign on AscendEX! The total reward pool up for grabs is $10,000!

  • We are excited to introduce new campaigns for Wonderland and New Order. The total reward pool is US$5,000!

  • We are thrilled to introduce a new 4-week campaign for Pollen DeFi with a US$5,000 total reward pool.

  • Announcing a new 4-week AscendEX campaign for LooksRare with a US$2,500 total reward pool.

  • Introducing a new 4-week AscendEX campaign for Render Token with a US$2,500 total reward pool.

  • We’re thrilled to announce a new 4-week AscendEX campaign for Crowny with a US$10,000 total reward pool.

  • Announcing a new 4-week AscendEX campaign for Gari Network with a US$2,500 total reward pool.

New features and enhancements

We are working on revamping the Eagle Club experience and redesigning the markets table and landing page. Stay tuned for these upcoming changes!

We welcome any feedback and suggestions at miner@hummingbot.io or you can join the team in lively discussions on our discord server.

Platform statistics

Through January 31, 2022.

Rewards

Taking into account the AscendEX, Binance, Gateio, and KuCoin campaigns, the total rewards across all exchanges presently exceed $2.9m. Since launch, we have paid out almost $1.1m in rewards on Binance.

2022-jan-lm-mr-img03

We launched KuCoin campaigns in February and have now given out over $753.5k in rewards to KuCoin miners.

2022-jan-lm-mr-img04

We began campaigns on AscendEX in June and have now given out over $980.9k in prizes to AscendEX miners.

2022-jan-lm-mr-img05

We started Gateio campaigns in October and have since paid out over $118.9k in rewards to Gateio miners.

2022-jan-lm-mr-img06

Number of distinct miners and bots

As of January 31, in total 3,924 distinct miners have participated in Hummingbot liquidity mining. There have been 3,047 unique miners on Binance, 1,130 distinct miners on KuCoin, 742 distinct miners on AscendEX, and 167 distinct miners on Gateio.

Overall distinct miners for all exchanges

2022-jan-lm-mr-img06-1
2022-jan-lm-mr-img07

Distinct miners for Binance

2022-jan-lm-mr-img08
2022-jan-lm-mr-img09

Distinct miners for KuCoin

2022-jan-lm-mr-img10
2022-jan-lm-mr-img11

Distinct miners for AscendEX

2022-jan-lm-mr-img12
2022-jan-lm-mr-img13

Distinct miners for Gateio

2022-jan-lm-mr-img14
2022-jan-lm-mr-img15

Due to multiple campaigns were launched throughout the month of January, the total number of bots was able to reach a new all-time high.

2022-jan-lm-mr-img16

Liquidity (open order volume)

In the month of January, open order volumes remain above $500k despite the market downtrend in the past weeks.

2022-jan-lm-mr-img17

The average outstanding open order volume per campaign is around $10.7k at the end of this month. This is due to the multiple campaigns launched on AscendEX exchange.

2022-jan-lm-mr-img18

Filled order volumes on Binance

Miner volume on Binance continued to surge, reaching more than $2.2 billion, an increase of almost 2% month over month.

2022-jan-lm-mr-img19
2022-jan-lm-mr-img20

AVAX, RLC, and MFT still continue to lead the board, with cumulative miner-traded volumes of $361.7m, $335.5m, and $406.4m respectively.

2022-jan-lm-mr-img21
2022-jan-lm-mr-img22
2022-jan-lm-mr-img23

Filled order volumes on KuCoin

The Humminbot miner's community's contribution to KuCoin's liquidity continues to grow, with cumulative FOV hitting $410.7m, a monthly growth of over 9%.

2022-jan-lm-mr-img24
2022-jan-lm-mr-img25

EXRD, FEAR, and XCAD are leading the board, with cumulative miner-traded volumes of $37.2m, $37.5m, and $47.7m respectively.

2022-jan-lm-mr-img26
2022-jan-lm-mr-img27
2022-jan-lm-mr-img28

Filled order volumes on AscendEX

The contribution of Humminbot miner's community to AscendEX's liquidity continues to grow, with cumulative FOV reaching $316.5m, a monthly increase of more than 8%

2022-jan-lm-mr-img29
2022-jan-lm-mr-img30

USDC and AKT are leading the board, with cumulative miner-traded volumes of $34.6m and $21.1m respectively.

2022-jan-lm-mr-img31
2022-jan-lm-mr-img32
2022-jan-lm-mr-img33

Filled order volumes on Gateio

The Humminbot miner community's contribution to Gateio liquidity continues to grow, with cumulative FOV hitting $28.8m, a monthly gain of 77% over the previous month.

2022-jan-lm-mr-img34
2022-jan-lm-mr-img35

XCAD and AKT are leading the board, with cumulative miner-traded volumes near $8.5m and $8.1m respectively.

2022-jan-lm-mr-img36
2022-jan-lm-mr-img37
2022-jan-lm-mr-img38

Filled order volume vs. reward pool

While liquidity mining does not compensate miners for filled order volume, the increased liquidity and order book depth created by miners does translate into increased trading efficiency and, consequently, additional trading volume. Trading volume is important for issuers since exchanges typically use traded volume as a benchmark to decide whether or not to maintain or remove token listings.

Binance Rewards vs. Filled Order Volumes

2022-jan-lm-mr-img39
2022-jan-lm-mr-img40

KuCoin Rewards vs. Filled Order Volumes

2022-jan-lm-mr-img41
2022-jan-lm-mr-img42

AscendEX Rewards vs. Filled Order Volumes

2022-jan-lm-mr-img43
2022-jan-lm-mr-img44

Gateio Rewards vs. Filled Order Volumes

2022-jan-lm-mr-img45
2022-jan-lm-mr-img46

Note: Liquidity mining does not reward for filled order volume nor does it guarantee a certain amount of filled order volume. The above figures are based on historical data from currently running and historical liquidity mining campaigns.

Top ten miners

The top ten miners, as of the end December, have been awarded a total of $1.1m equivalent in payouts.

2022-jan-lm-mr-img47

Thank you!

The growth of the total number of bots across a diverse spectrum of base assets shows the health of the Hummingbot ecosystem, thanks to its increasing and energetic base of dedicated users and developers.


🏛 Token issuers: contact the team at partnerships@hummingbot.io to learn more about running liquidity mining campaigns on AscendEX, Binance.com, KuCoin, Gate.io, or to suggest the next exchange for us to integrate with!

🏦 Exchanges: contact partnerships@hummingbot.io if you’d like to bring Hummingbot and liquidity mining to your exchange!

相关帖子

Liquidity Mining: 2022 April recap
Liquidity Mining: 2022 April recap
Liquidity Mining: 2022 March recap
Liquidity Mining: 2022 March recap
[Trader tips] How To Get Good At Market Making On Hummingbot Miner Platform: A beginner’s guide
[Trader tips] How To Get Good At Market Making On Hummingbot Miner Platform: A beginner’s guide

免责声明:位于https://hummingbot.io、https://docs.hummingbot.io、https://miners.hummingbot.io的网站(统称为“网站”)是属于CoinAlpha, Inc.(“公司”、“我们”和“我们的”)的受版权保护的作品。本网站的某些功能可能受附加指南、条款或规则的约束,这些指南、条款或规则将发布在与此类功能相关的网站上。所有此类附加条款、指南和规则均通过引用纳入本条款。这些使用条款(以下简称“条款”)规定了具有法律约束力的条款和条件,以规范您对本网站的使用。访问或使用本网站,即表示贵方接受这些条款(代表贵方自己或贵方所代表的实体),并且贵方声明并保证贵方有权利、权限和能力签订这些条款(代表贵方自己或贵方所代表的实体)。如果贵方未满18岁,则不得访问、使用本网站或接受这些条款。如果贵方不同意这些条款的所有规定,请勿访问和/或使用本网站。