VelvetX reveals leaderboard of top traders by realized PNL

Summary

VelvetX has introduced a new feature allowing users to view the performance of over 13 million mapped wallets ranked by realized PNL, providing a clearer picture of who is truly winning in cryptocurrency trading. This platform not only supports emerging blockchain ecosystems like Arc for gasless cross-chain trading but also emphasizes social intelligence features. These features connect on-chain wallet activity to trader identities, facilitating real-time discovery and copy trading, and enhance the trading experience with AI-generated insights.

Analysis

VelvetX: VelvetX is Velvet Capital's invite-only SocialFAI trading application that combines onchain spot and perpetual futures trading, smart wallet intelligence, AI copilots, and social features in a single self-custodial interface across multiple blockchains. The platform focuses on discovery, analysis, and execution of trades with integrated tracking of trader activity and performance metrics. In the context of this news, it enables users to view wallet leaderboards sorted by realized PNL to identify actual trading outcomes beyond unrealized positions. Product Features: The platform emphasizes social intelligence features that link onchain wallet activity to trader identities, supporting real-time discovery, copy trading, and AI-generated insights within the same interface used for execution. Multi-chain Support: VelvetX has integrated emerging blockchain ecosystems such as Arc directly into its trading terminal from mainnet launch, enabling gasless cross-chain movement and trading alongside established networks.

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