How much trading rewards can you earn from wash trading on marketplaces such as X2Y2? Top wash traders have paid millions in platform fees in order to earn trading volume based token rewards. Is wash trading really that profitable?
Wash trading is one of the biggest hurdles in accurately assessing NFT projects, exchanges and the industry as a whole.
This article analyzes one exchange in particular, X2Y2, and explains how wash traders position themselves to earn token rewards from wash trading and staking. It also analyzes the profit and loss of the top 10 X2Y2 wash traders.
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Wash trading is a banned trading technique that lets traders manipulate the market. It is still very active today.
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Starting from 2021, the NFT market has achieved explosive growth. Opeasea, a major trading platform, holds a safe lead in terms of its trading volume. However, latecomers Lookrare and X2Y2 who entered the market by listing their transaction mining service have won high returns in the short term, which have seized a certain market share. At the end of 2022, Blur listed its more user-friendly trading interface and expected airdrops, which has drawn users’ attention. It seems that the competition in the NFT trading market has just opened a new chapter.
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Learn about crypto tax loss harvesting - a tax planning strategy to manage tax liability & improve investment performance
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"Discover the world of Doodles NFTs - unique, hand-drawn digital art pieces represented as non-fungible tokens on the Ethereum blockchain. Explore the different types of Doodles, learn about their milestones and data analytics, and follow their roadmap. A must-read for NFT collectors and enthusiasts."
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This article proposes using a simple and explainable algorithm to provide real-time NFT pricing, and also suggests a prediction mechanism that allows stakeholders to participate fairly in price discovery.
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In 2025, the NFT market is transitioning from a period of frenzy to a more rational phase. This article explores the latest trends in NFT marketplace platforms, analyzes shifts in trading volume, and highlights upcoming opportunities.
11/13/2025, 8:12:32 AM
Users can access seamless, high-quality contract trading with a single click and join instantly to benefit from continuous growth of on-chain asset value. Users can enter the Gate Perp DEX Dual-Token Yield Challenge (BTC & ETH). Participants have a chance to win a share of the 30,000 USDT prize pool. The event centers on New User and Referral Rewards, with rankings based on the Return on Investment (ROI) leaderboard. All users can participate quickly, compete under equal conditions, and progress through the rankings efficiently.
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ZKJ is the native Token of the Polyhedra Network, which recently experienced a big dump of 80% due to the Binance Alpha ecosystem incident. This article will introduce the background of the ZKJ project and the reasons for this price crash, helping you quickly understand the core risks.
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Top cryptocurrency exchanges have evolved beyond mere trading platforms, becoming vital pillars of the crypto economy and Web3 ecosystem. Their future success hinges on technology, compliance, security, product innovation, user experience, and community engagement. For users and investors, choosing platforms with strong compliance, transparency, and reputation is essential for safeguarding assets. As global regulations tighten and technology advances, exchanges will transition from financial platforms to integrated Web3 hubs, bridging the virtual and real worlds.
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This article mainly introduces airdrops and the essence of airdrops, and explains the development of airdrops based on its history.
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The NFT industry can look opaque, but there are tools that can help you understand the underlying data.
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This article analyzes the mechanisms and volume boosting strategies of leading prediction market platforms like Polymarket, Kalshi, Myriad, and Limitless. It covers topics such as order book liquidity rewards, position returns, arbitrage, hedging, platform points, and token expectations, and explains how users can participate and optimize their strategies. Whether you're new to prediction markets or an experienced arbitrageur, this guide will help you understand the underlying logic and potential risks of volume boosting.
10/14/2025, 10:20:46 AM
Gate, in partnership with WLFI, has officially launched the USD1 Points Program. Users can earn points through various methods, including trading, holding tokens, and using investment products. Gate is also offering early access trading for the WLFIUSDT perpetual contract.
9/1/2025, 1:41:47 AM
Gate has teamed up with WLFI to introduce the USD1 Points Program. Users can earn points by trading, holding digital assets, or participating in financial products. Newcomers have access to exclusive rewards. This simplifies the process of starting to earn points.
9/3/2025, 2:16:23 AM