What is Orderly Network ($ORDER) and How does it Work

Key Takeaways
  • Orderly Network offers an innovative solution for seamless trading experiences.
  • Orderly Network’s long-term vision is to become the leading liquidity layer and trading infrastructure for DeFi.
  • The Orderly Network ($ORDER) Airdrop is set to launch on August 26, 2024.
23-08-2024 Sakshi Jain
What is Orderly Network ($ORDER) and How does it Work

Explore Orderly Network and Claim Free Tokens On Its Upcoming Airdrop

Orderly Network is revolutionizing the decentralized finance (DeFi) space by offering a unified trading infrastructure tailored for decentralized exchanges (DEXs). The Orderly Network CEO and co-founders Ran Yi, Terence NG, and Arjun Arora offer an innovative solution for seamless trading experiences.

What is Orderly Network?

Orderly Network is a state-of-the-art infrastructure that supports decentralized trading platforms through its orderbook and liquidity layer. 

Developers and builders can leverage Orderly’s white-label DEX solution, which is preloaded with deep liquidity from top market makers. 

A standout feature of Orderly Network is its commitment to bridging Ethereum Virtual Machine (EVM) and non-EVM blockchains. This omnichain approach eliminates the complexities of cross-chain interactions and bridges, allowing users to trade seamlessly across different networks without the hassle of moving funds.

Mission and Vision of Orderly Network

The mission of Orderly Network is to connect traders across various blockchain networks, fostering a comprehensive and decentralized trading ecosystem. 

The network aims to unify liquidity from different blockchains into a single orderbook. Orderly Network’s long-term vision is to become the leading liquidity layer and trading infrastructure for DeFi. 

Features of Orderly Network

  • Unified Orderbook and Liquidity: Access a single orderbook that integrates multiple blockchains, providing a broad spectrum of liquidity sources.

  • Quick Development Time: Developers can utilize Orderly’s Software Development Kit (SDK) to rapidly create DEXs, with products ready for market within 1-2 weeks.

  • Preloaded Liquidity: Orderly’s platform is supported by top-tier market makers, ensuring consistent liquidity and eliminating concerns about shortages.

  • CEX-Level Performance: Enjoy centralized exchange-level performance with low-latency trading, while maintaining decentralization and transparency through on-chain trades.

  • Gasless Trading: After depositing funds, users can trade without incurring gas fees (NEAR only), streamlining transactions and reducing costs.

Uses Cases Of Orderly Network

  • Brokers: Easily establish a Spot or Perpetual (Perps) DEX on NEAR or EVM, utilizing Orderly’s deep liquidity and advanced trading infrastructure.

  • Wallets & Custodians: Integrate Orderly’s services to offer users the best swap rates through customizable widgets.

  • Trading Desks & Sophisticated Traders: Utilize Orderly’s low-latency orderbook and API for a high-performance trading experience.

  • Games/dApps: Enhance in-app experiences with Orderly’s built-in Swap widget, facilitating seamless token exchanges within your application.

  • Trading Bots: Connect to Orderly’s orderbook for competitive rates and automated trading features, including customizable fees and stop-loss orders.

Why is Orderly Network Interesting And How Does It Work?

Orderly Network stands out as a pioneering force in decentralized trading by addressing one of DeFi’s major challenges: composability

Its omnichain approach simplifies trading across multiple blockchains, eliminating the need for complex cross-chain bridges and making DeFi more accessible to a broader audience.

Additionally, Orderly combines the strengths of centralized and decentralized exchanges, offering low-latency trading without sacrificing transparency or security. 

Orderly empowers users to maintain control over their assets while enjoying a superior trading experience.

Orderly Network Airdrop

The Orderly Network ($ORDER) Airdrop is set to launch on August 26, 2024. Claims and staking will become available starting at 8:00 AM UTC on that day. The airdrop will be conducted on the Ethereum mainnet (ERC20). In addition, CEX listings will start from 10:00 AM UTC on August 26th. 

In summary, Orderly Network is not just transforming decentralized trading infrastructure but is also paving the way for a more unified, scalable, and user-friendly DeFi ecosystem. Its innovative approach and upcoming airdrop highlight its commitment to advancing the world of decentralized 

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