- Developers can earn incentives to design AI agents for Orderly’s on-chain transactions.
- The firm improves derivatives trading platforms through the application of AI and DeFi technologies.
Orderly Network has announced a new bounty program in partnership with Google Cloud and Empyreal, which is aimed at developers creating AI-powered trade agents on the Orderly platform. This program aims to combine the potential of artificial intelligence (AI) with decentralized finance (DeFi), taking a significant step toward developing the first on-chain derivatives platform to include AI agents.
AI Agents to Enhance Trading Experience
The bounty scheme, which will be officially announced at TOKEN2049 in Singapore, aims to incentivize developers to create AI bots capable of autonomous trading. The competition will reward developers based on two main criteria: profitability and unique forecasting tools. Participants will employ Google Cloud infrastructure and Empyreal’s software development kit (SDK) to create AI-powered tools that can optimize trading methods for advanced users.
Initially aimed at advanced traders, the program intends to broaden its reach to include intermediate traders, democratizing access to sophisticated AI-based trading tools. By incorporating AI, Orderly Network intends to improve DeFi trade efficiency and provide cutting-edge technology to its users.
Orderly COO Arjun Arora emphasized the importance of AI in altering DeFi trading, saying, Orderly’s bounty program enables developers to build groundbreaking tools, changing the on-chain experience.
The AI agents created by this software will be able to make real-time trading decisions by assessing both on-chain and off-chain data. This technology has the potential to transform derivatives markets by enabling traders to respond more quickly to market movements. The collaboration with Google Cloud also demonstrates a growing synergy between AI and Web3 technologies, paving the way for future innovation.
Rishi Ramchandani, Head of Web3 APAC at Google Cloud, highlighted that this project is consistent with Google Cloud’s aim of empowering Web3 developers with scalable cloud and AI technology. Empyreal’s SDK will also play an important role in facilitating AI agent deployment for both developers and traders.
Johnny, Empyreal’s Founder and Lead Developer, expressed enthusiasm for the collaboration, pointing out that their SDK will assist strengthen new bots and AI agents, making the process faster for developers.
With Google Cloud’s strong support for Web3 developers and Empyreal’s SDK, Orderly Network is well-positioned to dominate in AI-powered DeFi trading. As the program progresses, it promises to bring in a new era of AI-powered trading in the decentralized financial environment.
