Are you a Market Maker on El Dorado looking to take your performance to the next level?
Now you can, thanks to our new Market Maker Level system, designed to recognize top performers in the P2P marketplace.
In this blog, we’ll explain what a Market Maker Level is, how it’s calculated, and why it’s key to your success on El Dorado.
What is the Market Maker Level on El Dorado?
The Market Maker Level is an automatic rating based on your performance in the app over the last 30 days.
Based on your results, you’ll be assigned one of the following levels:
- 🏅 Gold Level
- 🥈 Silver Level
- 🥉 Bronze Level
⚠️ Note: This level system is different from the rating you receive after each individual transaction.
What Metrics Affect Your Market Maker Level?
To calculate your level, we evaluate four key metrics:
- ⏱ Order completion time
- ⭐ User rating
- ✅ Order completion rate
- 📈 Number of completed orders (historical data)
Each metric carries a specific weight, and strong performance across all areas will boost your final score.
⚠️ Note: The number of completed orders is based on your total history, not just the past 30 days.
How is Your Market Maker Level Calculated?
Let’s say your metrics are:
- ⏱ Completion time: 4 minutes
- ⭐ User rating: 4.8 stars
- ✅ Order completion rate: 90%
- 📈 Completed orders: 650 orders
Step 1: Normalize Each Metric
We apply the following formula to each metric:
- Example with user rating:
(4.8 - 3) / (5 - 3) = 0.9
Step 2: Calculate the Average (X)
We average your four normalized metrics:
X = (0.888 + 0.9 + 0.75 + 1.0) ÷ 4
X = 3.54 ÷ 4
X ≈ 0.89
Step 3: Identify the Lowest Metric
In this example: 0.75 (order completion rate)
Step 4: Calculate Your Score
We average the general average and the lowest metric:
Score = (0.89 + 0.75) ÷ 2
Score ≈ 0.82
Step 5: Multiply by 100 to Get the Final Score
Final Score = Score x 100
Final Score = 0.82 x 100
🎯 Final Result
- Final score: 82 points
- You’d be placed in the Silver Level! 🏆
Market Maker Level Reference Table
| Final Score | Market Maker Level |
|---|---|
| 90–100 | 🏅 Gold Level |
| 80–89 | 🥈 Silver Level |
| 60–79 | 🥉 Bronze Level |
| 30–59 | Base Level |
| 0–29 | Penalized ⚠️ |
⚠️ If your score falls below 30, you will be penalized. Learn more here.
Why Is Your Market Maker Level Important?
Having a high level gives you exclusive advantages on El Dorado:
- Increased visibility in the P2P marketplace
- More transaction opportunities (only Gold and Silver Level Market Makers receive offers via the "Swap" feature)
- Official badges to highlight your profile on the marketplace
In short, better level = more trust, more users, more earnings.
Level Up and Grow on El Dorado!
Here are some tips to improve your Market Maker Level:
- Respond quickly and complete orders without delays.
- Provide high-quality service to earn better ratings.
- Avoid unnecessary order cancellations.
- Stay active with consistent transactions.
The better your metrics, the greater your chances of success in El Dorado’s P2P marketplace.
Start your journey to Gold Level today! 🏆
