DeFi
Orderly Network Prepares for Summer Token Launch, L2 Revolutionizing DeFi with Institutional-Grade Liquidity for Onchain Perpetual Trading
Orderly Network, an innovative L2 that offers trading infrastructure and an omnichain liquidity layer, is gearing up for an exciting summer with the launch of its highly anticipated token. Orderly is making significant progress, becoming the second most active protocol on LayerZero Labs and Celestia’s largest and most efficient user in terms of data availability.
Orderly Network offers an orderbook-based trading infrastructure and omnichain liquidity layer, equipping DeFi projects with institutional-grade liquidity for spot and perpetual transactions across a diverse range of assets.
Orderly Network ensures transparent trading through an order book across multiple networks, ensuring liquidity and achieving high execution speeds. This combination provides a CEX-like trading experience while ensuring self-custody and transparency of all transactions settled on the ordered chain. Orderly leverages Celestia for scalability and Layerzero for secure cross-chain messaging.
With over 14 DEXs and even major CEXs like WOO, BTSE, and AscendEX leveraging its infrastructure, Orderly Network is quickly emerging as the ultimate destination for DEX creation and permissionless liquidity layer for all Web3 exchanges.
Main achievements and milestones
- Over $47 billion in total trading volume
- Deployment on six major blockchain networks
- Over $56M in Total Value Locked (TVL)
- A user base exceeding 215,000 unique wallets
Orderly Network’s robust infrastructure is bolstered by key partnerships and integrations, having onboarded 14 brokers, listed 45 EVM perp symbols and launched its first user-facing product, Orderly Quantum Pools. Remarkable collaborations with industry giants such as Google Cloud, OP, LogX, Celestia, and LayerZero further strengthen Orderly’s mission to power the future of omnichain perps trading on any chain, any any asset, any interface – all set to Orderly Chain.
The ordered chain serves as the settlement and ledger for all transactions (i.e. transaction data, user data balances, and trading data) on Orderly Network, maintaining transparent operations even in the case unlikely to interrupt the order book for the corresponding engine. This resilience means that Orderly Network brokers can confidently manage users’ trade positions and balances, ensuring uninterrupted service. With all transactions settled on the Orderly chain, Orderly unlocks cross-clearing capabilities previously unavailable in DeFi, similar to the function of CME in TradFi.
Arjun Arora, COO of Orderly Network, speaking on the upcoming launch, echoed:
“As we prepare for this pivotal moment in our journey, we look forward to recognizing our early supporters who have been instrumental in our growth. The launch of our token is not only a milestone for Orderly Network, but a celebration of our community’s contributions and a look toward the future. We are excited to see the evolution of Orderly and the transformative impact it will have on DeFi trading.
Select DEXs and products powered by Orderly
For more information on brokers powered by Orderly, look at this.
Ordered Merit Campaign: The Path to Order
In preparation for its token launch, Orderly Network launched “The Road to the Order” campaign, a fun initiative designed to engage and reward active traders with “merits.” Currently, in its X era (week), this campaign allows traders to earn merits with each trade, contributing to their share of the next airdrop this summer, after the TGE. Users can track their merits, rankings, and history through a dedicated webpage after connecting their wallet.
The campaign has already attracted more than 57,000 weekly active traders, across six active trading levels within the Orderly Merits program.
For more details, visit On the way to the Order And Merit Status pages.
“We are extremely excited about Orderly Network becoming more community-owned as we move forward. This symbolic launch represents an important milestone in our journey, allowing us to reward our earliest supporters and engage with our growing community in new and meaningful ways. We are excited to see how this next phase plays out and continue to push the boundaries of DeFi trading together. said Ran Yi, co-founder of Orderly Network
Orderly Network’s rapidly growing ecosystem, along with its innovative commerce infrastructure, makes its token launch event one of the most anticipated launches of this summer. By creating an innovative L2 with high-speed execution, omnichain liquidity and an intuitive order book interface, Orderly Network not only improves the trading experience, but also sets new standards in efficiency, security and performance in DeFi trading.
Stay tuned for more updates on the token launch and join the Orderly Network community as we pave the way for efficient on-chain trading.
Stay up to date with everything Orderly:
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