Hummingbot x Derive Exchange Connector Campaign
This campaign is open-ended and designed to reward algo traders who help grow the liquidity and trading volume on Derive. The program includes incentives for both simple market-making setups and more advanced funding rate strategies.
Description
Integrate the Derive exchange connector with your Hummingbot client and earn rewards by contributing to market liquidity or capturing arbitrage opportunities on Derive’s spot or perpetual markets.
How to Participate
- Connect to Derive using the Hummingbot connector. Integration guides are available here.
- Submit your registration using the official signup form. Each user must register a unique Derive wallet address and Hummingbot instance ID.
- Run your strategy on Derive’s perpetual markets (spot or perps).
- Once your bot generates at least $150 in total trading fees (long or short), you’ll become eligible for the reward.
Incentives
| Action | Reward | Details |
|---|---|---|
| Run a bot using the Derive connector and generate $150 in fees | 400 OP or equivalent | Limited to the first 20 eligible instances |
| Rank in the top tier of the trading volume leaderboard | Eligibility for Derive's market maker rebate program | Optional opt-in |
Strategy Options
Simple Quoting Bot
Deploy a basic quoting bot that provides passive liquidity on Derive. A sample script is available that quotes around the mark price. Ideal for traders looking to get started quickly.
Arbitrage & Directional Strategies
Run delta-neutral or directional strategies that profit from spread capture, price inefficiencies, or funding rate mispricings. Strategies can be deployed on spot or perps. All fee-generating trades qualify toward the reward.
Eligibility Criteria
- Campaign start: Ongoing
- End date: To be announced with at least 5 days’ notice
- Rewards are limited to the first 20 verified participants who reach the $150 fee threshold
- One reward per person, enforced via unique wallet address and Hummingbot instance ID
- Only trading activity verified to be executed via Hummingbot will be eligible
- Participants must register via the signup form prior to trading
How We Verify Hummingbot Usage
To qualify for the reward:
- You must connect via the official Hummingbot connector (
deriveorderive_perpetual) - Include your Hummingbot instance ID in the signup form
- Our team will validate trades against internal logs to confirm they originated from Hummingbot
- Additional checks may include strategy patterns, trade frequency, and order metadata
Resources
- Derive Exchange Connector on Hummingbot
- Connector Setup Guide
- Derive Developer API Docs
- Perpetual Trading Fees
Terms
All participants must comply with Derive’s Terms of Use. Derive reserves the right to verify and validate all trading activity. Submissions that appear to be manipulative or in violation of campaign rules will be disqualified.
Updated 7 days ago