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1. Orderly Network and LogX airdrop program information
Users participating in the Orderly Network and LogX airdrop program on the Galxe platform will receive rewards including:
- 1000 $LOGX will be distributed to top traders every day on LogX.
- The total prize money for this program is 100,000 $LOGX.
- Galxe campaign participants will claim exclusive NFTs from the project.
The campaign for users will last for 7 days from March 11 to March 18, 2024.
Rewards will be distributed to users on March 22, 2024. All $LOGX tokens will be redeemed at a 1:1 ratio during the LogX project TGE in the first week of May 2024.
2. What is Orderly Network?
Orderly Network is an infrastructure protocol for decentralized exchanges. It provides a set of tools and services that help developers easily create DEXs with high performance, liquidity, and security.
From Orderly Network, developers can easily create their own decentralized trading applications with superior features of commonly seen CEX exchanges such as: Order book, quick order matching, limit orders... while still retaining the inherent advantages of DEX floors.
Orderly Network has gone through 3 rounds of capital raising (of which the last 2 rounds have not disclosed the amount) with a total of 20 million USD with the participation of leading VCs such as: Jump Capital, DragonFly, Sequoia, GSR, Pantera, Crypto.com…
3. What is LogX?
LogX is a decentralized derivatives exchange (Dex perpetual) that features cross-chain liquidity aggregation. This platform allows users to execute long-short derivative trading orders like on current CEX exchanges.
LogX has successfully raised more than $6 million in a Seed Round led by investors such as Sequoia Capital, Hashed, Coinbase Ventures, MSA Nov,...
4. Instructions for participating in Orderly Network and LogX airdrops
Step 1: Access the Galxe link here
Step 2: To complete all tasks on Galxe, users need to make transactions on LogX.
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Access the LogX platform and trade.
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Join trading to race to the top and receive rewards up to 1000 $LOGX every day.
In addition, users can perform other tasks on LogX to earn more $LOGX such as:
- Invite friends to join the platform
- Provide liquidity on LogX
- Trade trading pairs on the Arbitrum and Optimism networks
5. Conclusion
Both Oderly Network and LogX do not have tokens yet, so there will likely be an airdrop in the future. These are all projects with good support and reputation in the market so users can feel secure when participating. However, trading on a derivatives DEX can have high risks related to losing orders, so a good trading strategy and risk management is required.
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