The Official altilly.com Market-Maker Competition


This Competition Has Ended


Are you interested in becoming a true market maker and enjoy reduced trading fees? Click Here

Welcome Again! The Altilly Market-Maker Competition

Show us your market making skills. Get points for the activity of Market Making. What is market making? Well, simply put, its placing orders onto the books instead of trading against an order already in the books (That's called Market Taking).

Did you know that if you routinely provide Market Maker activity on Altilly, then you can apply for a market maker account with reduced fees? Ask us for more info.

Who can participate?

Any user of altilly.com can participate in this unique competition.

What is this competition? What are the prizes?

The purpose of this competition is to help fill-up our order books. We have many markets and we are getting hundreds of new users every single day.... In order to get new users trading, they need to be able to see that there are other users they can trade with.

The prizes will come from all the trade fees we collect from 2020-03-01 00:00:00 UTC to 2020-03-31 23:59:59 UTC. 50% of them to be exact. We collect our fees in the following currencies: BTC, BCH, ETH, USDT, LTC, XQR, & DOGE. For the 21 days this competition is running, we will set aside 50% of all the trade fees. We will also show what has been collected on the competition page and place them aside for the final reward.

How are points calculated and how do you get them?

Easy. There are 2 ways to get points.

1 Create market orders in the order books. These are orders that are placed onto the books that are not expected to immediately trade - but they do help to fill the orderbooks. Every day, we will review the pending orders you have and you will receive points based on the total value of the order at last trade price - The order must be active for a minimum of 24 hours to receive ponts. So, for example, if you placed an order in the BTC/USDT market to buy 1 BTC at $8000 USDT, and the last trade price in that market was $8500 USDT, then that order would have a total "competition value" of $8500. You will get points at a 1:100 ratio, meaning in this example you would recieve 85 points on that day for that order. This works for any order you have that is active and 24 hours old or older, this includes any active orders you have created before the competition start date. Sell orders will always counted at Quantity * Last Trade Price (Or in the last where last trade price exceeds 2 * Best Sell Price, we will use the Best Sell Price). Buy orders priced below 80% of last trade price will be counted as Quantity * Order Price - if the buy order price is above 80% of the last trade price, then it will be counted at Quantity * Last Trade Price. For all point calculations, we will use the USD value of the total
Data update frequency: 1 time per day

Note: To account for very large out of bounds orders (ie, large quantities priced so they will never be taken), we will enforce a maximum number of points you can receive for each order. The normal maximum points per order is 200 points. If your order price is outside of the bounds of 50% - 200% of last trade price, then maximum points for that order is 100 points. If your order is outside the bounds of 20% - 500% of the last order price, then maximum points for that order is 50 points.

2 Market maker trades. These are trades where you receive the market maker bonus (it shows as a negative fee in your trade history). If you have an open market maker order (an order that is showing in the order books) - and somebody buys or sells into your order, then you will get points for that completed trade at a 1:100 ratio of the order total usd value. For example, if you had a 1 BTC buy order at $8000, and somebody later sold you that 1 BTC, then you would get 80 points for that trade -- the user who sold you the 1 BTC would not get any points as they are a market 'taker' in this example. If you make a trade that takes away an order from the order books (a taker trade), then you will not receive points for that trade. Wash trades will not be counted -- these are trades you make to yourself or with another user for the purpose of only gaining points.
Data update frequency: 1 time per hour

When do the prizes get paid?

Prizes will be calculated and paid out after April 10, 2010.

What is the overall goal of this competition? What do we expect to see?

Here is what we expect to happen: As new users signup, they will no longer see thin order books. This will make them more comfortable trading on altilly.com. As more new users trade, our overall volume will increase. An increase in exchange volume will attract even more new users. As our volume increases during this period, so will the collected fees and prize pool for this competition. It's a Win-Win for everybody.

What are the prize tiers?

PlacePrize
1st Place15% of prize pool + Share of special XQR prize
2nd Place10% of prize pool + Share of special XQR prize
3rd Place6% of prize pool + Share of special XQR prize
4th - 10th Place3.5% of prize pool each + Share of special XQR prize
11th - 20th Place2.5% of prize pool each + Share of special XQR prize
21th - 30th Place1.5% of prize pool each + Share of special XQR prize
31th - 50th Place0.4% of prize pool each + Share of special XQR prize
51th - ∞Share of special XQR prize
All participants with points, regardless of placement, will receive a portion of a special XQR (Qredit) fund of 200k XQR

Competition Period: 2020-03-01 00:00:00 UTC 2020-03-31 23:59:59 UTC

This information updates once every 30 minutes
Rank Chathandle Amount Traded Winnings
1 YoshiLivo 16092.69208994 Points
2 Zequinha 2302.22296438 Points
3 ouchouch 1531.65226315 Points
4 jimmy1983 934.018144 Points
5 Airconist 913.12257773 Points
6 Adrian 840.72466979 Points
7 zakazofffer 838.24126778 Points
8 EDVAN 677.54609316 Points
9 greenpanda 489.81943676 Points
10 Plasto 405.76407727 Points
11 schindi 340.81260589 Points
12 Jaa777 293.8431904 Points
13 boieemassab 255.40469466 Points
14 Mr88x 231.73106519 Points
15 jimbo530 207.65779085 Points
16 ilprincipe 167.54294233 Points
17 tehKai 154.99265743 Points
18 zsvit 132.48402213 Points
19 Sjonion 113.0127185 Points
20 onespoon 111.82461251 Points
21 Afendy 101.91238011 Points
22 bones 78.46898462 Points
23 erguder90 63.43910421 Points
24 joe2 48.43063339 Points
25 Ugbegeorge 39.73181415 Points
26 JanEmilDenmark 39.28913555 Points
27 ElleLawliet 30.4199536 Points
28 koha 18.29762087 Points
29 ponting 18.18798586 Points
30 spnxtc 17.40237087 Points
31 kibotmos 15.74110993 Points
32 Nature 11.03068461 Points
33 khanji786 10.83476017 Points
34 juliok 10.66698087 Points
35 RodrigoTO 9.68870296 Points
36 wendell 8.88701782 Points
37 Bghifari 7.41274237 Points
38 suds88 6.96690493 Points
39 attakiq 6.50958067 Points
40 masterfocus 6.20843735 Points
41 deenniiss 5.51828203 Points
42 Casper77 4.82130022 Points
43 Gayamiyono 4.20649493 Points
44 Brahman 4.03702523 Points
45 harshrunner 3.24751644 Points
46 therapiewiese 3.13088236 Points
47 maker01 2.65062292 Points
48 Kien88 2.41393804 Points
49 MAXPAIN 2.0943862 Points
50 hakame 1.92867625 Points
51 ViolettaBanafsajy 1.60838376 Points
52 Dela 1.48902735 Points
53 alakadarADM 1.1767081 Points
54 StJohan 0.9296429 Points
55 yogendra 0.83348634 Points
56 DrMilo 0.62445785 Points
57 Mililiter 0.30831834 Points
58 ademkebbet 0.28781019 Points
59 Nrutul 0.28318333 Points
60 Lonedog 0.22717306 Points
61 faceofffff 0.15080102 Points
62 milosgh 0.09191362 Points
63 Spyro 0.07063509 Points
64 Lapuwaa 0.06688254 Points
65 Dayat 0.06153178 Points
66 orion3x 0.05272951 Points
67 jwojcik83 0.04867635 Points
68 Fehedx 0.04709246 Points
69 Vertex 0.03391302 Points
70 Portlandhippie 0.02963322 Points
71 Cicho 0.02336522 Points
72 asarlova 0.02252915 Points
73 KingShit 0.01835016 Points
74 Angelia 0.01585294 Points
75 AleefWahed 0.01507762 Points
76 evenjr 0.01433225 Points
77 NgocTranTL 0.00514328 Points
78 Bloodman 0.00227762 Points
N/A Ranikhan 0 Points
N/A moyses100 0 Points
N/A abc123 0 Points
N/A askvipendra 0 Points
N/A VoytekBEAR 0 Points
N/A Favour 0 Points
N/A gigihes526 0 Points
N/A aziskebanaran 0 Points
N/A SwaGy 0 Points
N/A GoldGerbil907 0 Points
N/A Gonjol178 0 Points
N/A wichai1234 0 Points
N/A Telemiles 0 Points
Note: All competition times are in UTC time. You can see the current UTC time at the bottom left corner of the website.

Accumulated Prize Pool Totals

Coin Code Coin Name Total
BTC Bitcoin 0.03155171
BCH BitcoinCash 0.01983157
ETH Ethereum 0.15025674
LTC Litecoin 0.06485947
USDT Tether USDT 137.09780699
DOGE Dogecoin 396.35557013
XQR Qredit 20416.09000057