Jammin's Trading Competition Shatters Records with $186M Volume on dYdX Trading Arena
Table of Contents
- Introduction
- Competition at a Glance
- Dual Prize Structure: Profit vs. Volume
- Performance Highlights
- Market Insights
- Conclusion
Introduction
The dYdX Trading Arena recently concluded the "Jammin Community Trading Competition," a monumental event hosted by the prominent Korean trading community KOL, Jammin123. Running from October 12 to November 6, 2025, the competition set a new benchmark for activity, with 44 active traders generating an unprecedented $186 million in total trading volume.
This article provides a concise analysis of the competition, highlighting its unique dual-prize structure, the standout performers, and key takeaways from the intense trading period.
Competition at a Glance
- Host: Jammin123
- Active Participants: 44
- Total Trading Volume: $186,000,000
- Total Prize Pool: $7,000
- Total Fees Generated: ~$72,393
Dual Prize Structure: Profit vs. Volume
A standout feature was the $7,000 prize pool, split evenly to reward two different styles of trading excellence: net profit (PnL) and total trading volume. This created two distinct paths to victory, celebrating both skilled strategists and high-activity liquidity drivers.
| Rank | PnL Winners | Volume Winners |
|---|---|---|
| 1 | $1,400 | $1,400 |
| 2 | $900 | $900 |
| 3 | $500 | $500 |
| 4 | $400 | $400 |
| 5 | $300 | $300 |
Performance Highlights
The dual structure produced two distinct sets of winners, each mastering their domain.
PnL Champions
These traders skillfully navigated a volatile market to secure impressive profits. NANANA clinched the top spot with over $2,500 in profit, while binary achieved a remarkable 168% ROI.
| Rank | Name | PnL (USDC) | ROI |
|---|---|---|---|
| 1 | NANANA | $2,548.14 | 123.83% |
| 2 | binary | $1,007.57 | 168.14% |
| 3 | THE TOP | $608.61 | 60.94% |
| 4 | L | $588.28 | 9.60% |
| 5 | Rintaro | $585.23 | 34.43% |
Volume Titans
These participants were the engine of the competition, generating staggering trading volumes. Steven Smeth led the pack, single-handedly accounting for over $40 million in volume.
| Rank | Name | Total Volume (USDC) |
|---|---|---|
| 1 | Steven Smeth | $40,484,500 |
| 2 | danhda | $26,435,900 |
| 3 | white | $14,391,700 |
| 4 | emma | $13,778,900 |
| 5 | Ajibola | $13,588,600 |
Market Insights
The competition period proved to be extremely challenging, with the collective PnL of all participants ending at -$79,305. This significant net loss underscores the high-risk, zero-sum nature of leveraged trading in a difficult market.
A key takeaway was the clear separation between the PnL and Volume leaderboards. This reinforces the principle that high trading volume does not automatically lead to profitability. While the volume titans were essential for driving protocol activity, their high-frequency strategies often come with increased risk and cost, which can impact net returns.
Conclusion
Hosted by Jammin123, the Jammin Community Trading Competition was a landmark event for the dYdX Trading Arena. The record-shattering $186 million in volume demonstrated the immense engagement that community leaders can bring to the ecosystem. The dual-prize structure successfully celebrated different forms of market participation, providing valuable insights into trader strategies during volatile conditions.
The dYdX Trading Arena continues to partner with global community leaders to host more exciting events. To get involved, visit the official website at https://dydxarena.com/.