Orderly Network revolutionizes the decentralized finance (DeFi) landscape by consolidating liquidity across multiple blockchains, thereby improving trading efficiency and reliability. Liquidity fragmentation has long plagued DeFi, dispersing assets and trading volumes thinly across various layer-2 networks. This fragmented liquidity often leads to increased trading costs, slower transactions, and limited leverage opportunities, hindering seamless trading experiences.
To address this issue, DeFi requires unified liquidity that spans chains. By amalgamating trading orders into a singular, coherent order book, solutions like Orderly Network pledge to boost trading efficiency, fostering a more cohesive and potent DeFi ecosystem. Orderly Network stands out as a layer-2 platform offering a permissionless liquidity layer for Web3 trading. Powered by the Orderly Chain and LayerZero, it furnishes the essential liquidity and infrastructure for efficient permissionless trading.
Through the convergence of all orders into a collective order book spanning multiple chains, Orderly Network presents a unified liquidity landscape that enhances trading efficiency, provides deeper liquidity, and maintains tighter spreads. The Orderly Chain, operating on the OP Stack, utilizes Celestia’s data availability and LayerZero’s cross-chain messaging protocol to function as the settlement and ledger for all transactions, ensuring seamless operations even during downtimes. This capability enables brokers to effectively manage trading positions and user balances, introducing cross-netting functionalities previously absent in DeFi, resembling the role of the Chicago Mercantile Exchange in traditional finance.
Orderly Network’s infrastructure allows decentralized exchanges (DEXs) and brokers to access a consolidated liquidity pool. The platform supports a variety of chains, including Near, Polygon, Arbitrum, Optimism, Base, Ethereum mainnet, and Mantle, promoting liquidity, facilitating clearing and settlement, and upholding DeFi’s transparency. An essential component of Orderly Network is the Omnichain SDK, tailored for Ethereum Virtual Machine (EVM) developers. This toolkit streamlines the development of perpetual protocols and advanced trading tools, akin to a plug-and-play set, reducing development time and effort for Web3 teams.
Founded by Ran Yi and Terence Ng, with over 25 years of combined experience in global asset management and technical expertise in traditional finance, Orderly Network seeks to combine the transparency of DeFi with the user experience of CeFi. The platform has garnered significant investment from institutions such as Pantera, Sequoia China, Laser Digital, Dragonfly, and Jump, totaling $20 million. Orderly Network has flourished, achieving $650 billion in cumulative trading volume with over 215400,000 onchain users and $56 million in total value locked (TVL), experiencing a doubling in one month. With 14 DEXs operating on its platform, Orderly Network embodies 28% of all LayerZero messaging and 4035% of Celestia’s volume.
In the upcoming months, Orderly Network plans to enhance its platform further by introducing isolated margin, multi-collateral, and onchain oracles. Isolated margin will empower traders to allocate specific margin amounts to individual positions, mitigating potential losses and enabling strategic leverage. The inclusion of the multi-collateral feature will widen trading flexibility by accepting various assets as collateral, enhancing liquidity and enabling diversified strategies. Additionally, the integration of onchain oracles will offer continuous, transparent pricing data from multiple sources, enhancing platform reliability and security.
Leading up to its token generation event, Orderly Network launched “The Road to the Order” campaign, a gamified initiative rewarding active traders with “Merits.” Over 57,000 weekly traders have participated, earning Merits with each trade that contributes to their portion of an upcoming airdrop. As platforms like Orderly Network tackle liquidity fragmentation, they pave the way for a more seamless, efficient, and integrated DeFi landscape, bridging the gap between decentralized and centralized finance.
For more information on Orderly Network, visit their website.
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