2026-01-09 01:26:20

A recent innovative feature launched by a new trading platform, "Order Book Mining," is quite intriguing. Essentially, it allows users to accumulate reward points simply by placing orders without the need for frantic order spamming. For the platform, this approach is considered the lowest-cost and most efficient solution for building order book depth. What's even more clever is its layered design—adopting a three-tiered reward mechanism of A, B, and C levels. Orders closer to the market price earn higher points because they are most helpful for real trading; meanwhile, deep orders that are far from the market price can only earn basic points. The brilliance of this design lies in its perfect balance between platform needs and user incentives, increasing the effective depth of the order book while allowing participants to choose strategies based on their risk preferences.

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

12 Likes

Reward
12
8
Repost
Share

Comment

0/400

MEVEye

· 01-11 23:42

The logic of order placement mining is actually a disguised way of cutting leeks; it sounds good on the surface, but the real profiters are still those big players.

View OriginalReply0

HashRateHustler

· 01-11 22:14

The order placement mining strategy really has some substance to it.

View OriginalReply0

MEVSandwich

· 01-10 21:32

This layered mechanism is indeed a bit elaborate, but it still feels like it's just finding new ways to exploit the system.

View OriginalReply0

rugpull_ptsd

· 01-09 01:56

Once again, it's the same sweet talk—placing an order to mine? Ultimately, it's just a new trick to harvest the little guys.

View OriginalReply0

SellTheBounce

· 01-09 01:54

In simple terms, it's just a new way to get retail investors to provide market making for the platform. It looks clever, but it's actually just exploiting human weaknesses. The closer to the market price the reward is, the higher? Haha, that's just enticing you to place orders in the most dangerous positions, wait for a rebound to sell, and the platform profits from the spread. Historical experience shows that these kinds of incentive mechanisms ultimately turn into farms for bagholders. There are always lower points, don't rush to participate.

View OriginalReply0

gm_or_ngmi

· 01-09 01:49

Can you mine just by placing an order? This logic is indeed clever; the platform saves effort and users feel comfortable.

View OriginalReply0

PerpetualLonger

· 01-09 01:45

Another new trick to cut leeks? Let me see... Placing orders can mine, which sounds easier than fake orders, but can this really break even? Honestly, I have to admit that the design where the closer to the market price, the higher the points is a bit clever, but the key is what these points can be exchanged for in the end. If it's again platform tokens, I would laugh. Going all in ends up being a complete loss.

View OriginalReply0

VCsSuckMyLiquidity

· 01-09 01:40

Can you still play the order placement mining trick? It just feels like a different name for scamming newbies.

View OriginalReply0