Web3 liquidity platform, Orderly Network, has unveiled a new bounty program in collaboration with Google Cloud and Empyreal, targeting developers to create AI agents that will autonomously trade on Orderly’s platform. The program reflects the growing synergy between artificial intelligence (AI) and decentralized finance (DeFi) and marks a significant step toward the development of an on-chain derivatives platform powered by AI.
This campaign, set to offer rewards for developers who successfully build AI-driven trading agents, is aimed at expanding Orderly’s capabilities by enabling automated transactions using the latest in AI and web3 technology. The program seeks to attract independent developers to contribute to the evolution of the first on-chain derivatives platform that supports AI agents, enhancing the DeFi trading experience for sophisticated traders and developers alike.
AI Bounty Program Details and Goals
The complete details of this ambitious bounty program will be revealed during the TOKEN2049 event in Singapore, scheduled for September 18-19. After the event, the program will begin and run for several weeks, during which developers can participate by enrolling and building AI agents on Orderly. These agents will be evaluated based on two primary criteria: highest profitability and the most innovative predictor. If a developer’s AI agent qualifies, they may win prizes in both categories.
Initially, the AI agents created for this initiative will be tailored for advanced traders seeking to leverage cutting-edge AI tools to improve their trading strategies. However, Orderly Network also plans to expand the program’s scope to accommodate intermediate traders. This broader approach aims to empower individuals without coding expertise to engage in derivatives trading through AI agents, effectively democratizing access to advanced trading tools.
Orderly Network’s use of Google Cloud technology plays a crucial role in enabling the development of these AI agents. The cloud infrastructure supports the network’s user-centric developer tools, designed to lower barriers to entry in the DeFi space. By focusing on off-chain components of the DeFi infrastructure, Orderly addresses key challenges such as self-custody and transparency, which have historically hindered the mass adoption of decentralized finance.
Google Cloud and Empyreal’s Role in the Initiative
The collaboration with Google Cloud and Empyreal is central to this initiative’s success. Orderly Network’s Chief Operating Officer, Arjun Arora, highlighted the importance of AI innovation in shaping the future of on-chain trading. Arora noted that by empowering AI developers to build autonomous agents, the bounty program would redefine the on-chain trading experience. This initiative is seen as a vital opportunity for both Web2 and Web3 developers to explore the potential of AI-driven trading solutions, bridging current technological capabilities with the future of decentralized finance.
Meanwhile, Google Cloud continues to build on its mission of supporting Web3 developers with secure and scalable cloud and AI technologies. The partnership with Orderly Network allows the tech giant to further its role in scaling AI-driven applications within the Web3 sector. The cloud provider is looking forward to welcoming more developers to build AI agents using its technology, underscoring its commitment to enabling the next generation of DeFi innovation.
Empyreal, another critical partner in this collaboration, will contribute its software development kit (SDK) to the campaign. The Empyreal SDK is designed to simplify the development and deployment of AI agents and bots for traders. The partnership allows Empyreal’s technology to fuel the creation of new AI agents, offering developers and traders a more straightforward process for building effective AI-driven trading tools.
AI Agents and Their Potential in DeFi
Although AI agents are still in the early stages of development within the cryptocurrency space, they hold significant promise in automating complex trading decisions and interacting with multiple data sources. These agents are particularly suited for derivatives markets, where decisions must be made swiftly based on rapidly changing market conditions. By leveraging data from both on-chain and off-chain sources, AI agents can optimize trading strategies and execute transactions in real-time, providing a competitive edge in perps trading.
Beyond derivatives, AI agents have potential use cases in other crypto sectors, including prediction markets, staking, gaming, and various DeFi applications. The ability to access and process data from multiple sources makes these agents valuable tools for executing cross-chain transfers, payments, and a range of other financial transactions.
This bounty program offers an exciting opportunity for developers to showcase their creativity and innovation, with the goal of advancing AI’s role in DeFi. The initiative is expected to pave the way for new developments that will help traders make smarter decisions while reducing information overload. These AI-driven solutions will contribute to the backbone of an advanced derivatives trading framework on Orderly Network’s scalable Web3 infrastructure.
Building the Future of Web3 Trading
As Orderly Network continues to build out its liquidity infrastructure, the integration of AI agents represents a critical step toward revolutionizing the future of decentralized finance. By leveraging omnichain architecture, the platform enables deep liquidity for assets across multiple blockchains, making it a highly flexible and scalable solution for Web3 traders.
The AI bounty program is just one aspect of Orderly’s broader mission to empower both traders and developers. With support from industry leaders like Google Cloud and Empyreal, the platform is well-positioned to shape the future of AI trading within the crypto and DeFi sectors. Through this collaboration, Orderly aims to create an open and accessible DeFi environment that leverages the latest technological advancements to drive innovation and unlock new opportunities for users worldwide.
Orderly Network’s focus on AI and Layer 2 technologies highlights the increasing importance of bridging traditional finance and Web3, while also addressing long-standing challenges such as scalability, security, and transparency. As the program unfolds, it will likely set the stage for further breakthroughs in how AI and blockchain technologies intersect, ultimately leading to more intelligent and efficient trading systems within the decentralized finance ecosystem.
