Orderly Network Launches AI Agent Bounty Program With Google Cloud And Empyreal

According to PANews, Web3 liquidity layer Orderly Network has announced a collaboration with Google Cloud and Empyreal to launch a bounty program aimed at encouraging developers to build automated trading AI agents within the Orderly ecosystem. This initiative seeks to integrate AI with DeFi technology, positioning Orderly as the first platform to support on-chain derivatives trading through AI agents, leveraging the latest advancements in AI and Web3 technology for efficient and intelligent automated trading. Details of the bounty program will be unveiled at the TOKEN2049 conference in Singapore on September 18-19, with the program commencing immediately after the event and running for several weeks. Participants who successfully deploy AI agents on Orderly will be eligible to share in the prize pool, with evaluation criteria including highest profitability and most innovative predictions. Orderly Network is utilizing Google Cloud technology to design developer tools that lower the entry barriers in the DeFi space. The focus is on developing off-chain components of DeFi infrastructure to address challenges related to self-custody and transparency. The program aims to attract Web2 developers, supporting and facilitating their transition to the Web3 domain. AI agents are gaining traction in the crypto sector, primarily focusing on automating tasks and interacting with multiple data sources, enabling traders to formulate optimized strategies. They hold unique potential in the realm of perpetual contract trading, as this type of trading requires querying multiple data sources to make optimal trading decisions based on rapidly changing market conditions.