Update: The trading competition was initially a maker-only volume competition, but the Meme2Earn team has expanded the competition scope to include both maker and taker trading volume.

Meme2Earn has launched a NUDES trading competition on the Flamingo Finance DeFi platform, featuring a US $694.20 prize pool distributed in NUDES tokens. The contest is live and will run through 2:00 p.m. (UTC) on July 21.

The event is structured around maker and taker orders, rewarding the top 10 participants based on the cumulative volume of their orders placed on Flamingo’s OrderBook+ trading interface.

Unlike AMM models, OrderBook+ facilitates direct peer-to-peer trading at the smart contract level, requiring users to deposit NEP-17 tokens before execution. Maker orders contribute liquidity to the order book and are not matched immediately, while taker orders remove liquidity by filling instantly against existing orders.

To qualify, users must execute at least five trades and accumulate more trading volume than other participants, while also ensuring all matched trades are claimed before the contest ends. Unclaimed trades will not be included in the final calculation.

The prize distribution is as follows:

  • 1st place: $209.20 in NUDES
  • 2nd place: $125.00 in NUDES
  • 3rd place: $100.00 in NUDES
  • 4th place: $75.00 in NUDES
  • 5th place: $55.00 in NUDES
  • 6th–7th place: $35.00 each in NUDES
  • 8th–10th place: $20.00 each in NUDES

Flamingo’s OrderBook+ is aimed at enhancing transparency and trading efficiency by recording each transaction on-chain and offering a claim-based settlement process.

The full announcement can be found at the link below: https://medium.com/meme2earn/win-694-20-in-the-nudes-trading-competition-12e6eca15049

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