Orderly Network Launches AI Agent Bounty Program with Google Cloud and Empyreal

Orderly Network, a Web3 liquidity layer, has announced a bounty program in collaboration with Google Cloud and Empyreal. This program encourages developers to build automated trading AI agents within the Orderly ecosystem.

The initiative aims to merge AI and DeFi technology, propelling Orderly towards becoming the first platform where on-chain derivatives trading is powered by AI agents. This integration leverages cutting-edge AI and Web3 technologies to achieve efficient and intelligent automated trading.

Details about the bounty program will be revealed at the TOKEN2049 conference in Singapore on September 18-19, followed by an immediate launch and a multi-week duration. Participants who successfully deploy AI agents on Orderly can share a prize pool. The evaluation criteria include highest profitability and most innovative prediction capabilities.

Orderly Network utilizes Google Cloud technology to design developer tools for users, lowering the entry barrier to the DeFi space. It focuses on developing off-chain components of DeFi infrastructure, addressing challenges related to self-custody and transparency.

This program strives to attract Web2 developers, supporting and facilitating their transition into the Web3 space.

AI agents are gaining increasing traction within the cryptocurrency space, primarily focused on automating tasks and interacting with multiple data sources. This enables traders to formulate optimized strategies. These agents hold unique potential within the realm of perpetual contract trading. This is due to the requirement of querying various data sources to make optimal trading decisions based on rapidly fluctuating market conditions.