The Official altilly.com Market-Maker Competition


This Competition Is Running


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 Total Points
1 YoshiLivo 15,091.60819194 Points
2 Zequinha 2,169.10905498 Points
3 ouchouch 1,426.45756976 Points
4 jimmy1983 886.14237146 Points
5 Airconist 852.01858379 Points
6 Adrian 824.62178952 Points
7 zakazofffer 789.15346819 Points
8 EDVAN 666.39369568 Points
9 greenpanda 465.54931075 Points
10 Plasto 382.99690106 Points
11 schindi 323.72658639 Points
12 Jaa777 273.72753036 Points
13 boieemassab 255.40443565 Points
14 Mr88x 214.11906725 Points
15 jimbo530 190.58195979 Points
16 ilprincipe 159.34111081 Points
17 tehKai 144.80513143 Points
18 zsvit 119.74007770 Points
19 Sjonion 110.83773450 Points
20 onespoon 106.77544884 Points
21 Afendy 96.22553506 Points
22 bones 77.91333058 Points
23 erguder90 59.26457530 Points
24 joe2 43.04001489 Points
25 Ugbegeorge 39.16608972 Points
26 JanEmilDenmark 33.84144291 Points
27 ElleLawliet 26.97926056 Points
28 ponting 17.65829477 Points
29 koha 17.54136069 Points
30 spnxtc 16.29970581 Points
31 kibotmos 14.58065191 Points
32 Nature 10.42466820 Points
33 juliok 10.18771877 Points
34 khanji786 9.96662541 Points
35 wendell 8.88701782 Points
36 RodrigoTO 8.75066189 Points
37 Bghifari 6.95598709 Points
38 suds88 6.13263468 Points
39 attakiq 6.05056280 Points
40 masterfocus 5.84880820 Points
41 deenniiss 5.34664220 Points
42 Casper77 4.82130022 Points
43 Brahman 4.03702523 Points
44 Gayamiyono 3.93137762 Points
45 harshrunner 3.03191802 Points
46 therapiewiese 2.91157991 Points
47 maker01 2.65062292 Points
48 Kien88 2.38308230 Points
49 MAXPAIN 2.09075980 Points
50 hakame 1.90830127 Points
51 Dela 1.42414913 Points
52 alakadarADM 1.12062220 Points
53 ViolettaBanafsajy 0.95879425 Points
54 StJohan 0.86901823 Points
55 yogendra 0.83348634 Points
56 DrMilo 0.57766423 Points
57 ademkebbet 0.27752023 Points
58 Nrutul 0.24185427 Points
59 Lonedog 0.22511377 Points
60 faceofffff 0.13854685 Points
61 Mililiter 0.10388644 Points
62 milosgh 0.08173082 Points
63 Lapuwaa 0.06351870 Points
64 Dayat 0.05388716 Points
65 orion3x 0.05272951 Points
66 jwojcik83 0.04789610 Points
67 Fehedx 0.04220364 Points
68 Vertex 0.03164058 Points
69 Portlandhippie 0.02963322 Points
70 Spyro 0.02739183 Points
71 asarlova 0.02140313 Points
72 KingShit 0.01835016 Points
73 Angelia 0.01527981 Points
74 evenjr 0.01369868 Points
75 AleefWahed 0.00970012 Points
76 Cicho 0.00722061 Points
77 NgocTranTL 0.00505572 Points
78 Bloodman 0.00227762 Points
N/A abc123 0.00000000 Points
N/A askvipendra 0.00000000 Points
N/A VoytekBEAR 0.00000000 Points
N/A Favour 0.00000000 Points
N/A gigihes526 0.00000000 Points
N/A aziskebanaran 0.00000000 Points
N/A SwaGy 0.00000000 Points
N/A GoldGerbil907 0.00000000 Points
N/A Gonjol178 0.00000000 Points
N/A wichai1234 0.00000000 Points
N/A Telemiles 0.00000000 Points
N/A Ranikhan 0.00000000 Points
N/A moyses100 0.00000000 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 0.03054679
BCH BitcoinCash 0.01982287
ETH Ethereum 0.14693222
LTC Litecoin 0.06443506
USDT Tether USDT 130.52966631
DOGE Dogecoin 392.13430853
XQR Qredit 20194.19931022