New York, New York, December 2nd, 2024,
Chainwire
Orderly Network has launched its perps
omnichain orderbook on Solana mainnet. The deployment enables
Solana users to experience omnichain DeFi trading for the 1st time,
with over 30 DEXs and 73 trading perps.
Orderly’s mainnet Solana launch marks
the first time EVM and non-EVM orders have been combined into a
single perps orderbook. Positioned in DeFi, Orderly is officially
the first to integrate this two-chain super-ecosystem that totals
over half a trillion dollars in market capitalization. Each
respective chain’s token assets can now be leveraged directly for
trading, without requiring bridging, wrapping, or side steps.
Despite robust spot trading volumes on
Solana, the perps trading landscape must be served. Perps volume
lags proportionally to that recorded on the leading EVM networks,
with poor liquidity having been a significant impediment to broader
adoption.
Orderly is a fully chain-agnostic
solution that allows users to trade liquid perpetual swap markets
in real time. Any time a trade is executed on Solana, Orderly’s
engine layer routes the trade via the orderbook, where it is
matched and then relayed to the settlement layer.
"For the first time, via Orderly,
Solana users can connect seamlessly to trade memecoin perpetuals
directly with EVM-focused participants across more than 30
integrated DEXes. All without the need for unnecessary
complications like bridging or wrapping. This is how we unlock deep
liquidity across all chains while increasing the bar for user
experience and trading efficiency at speed. This is what we mean
when we say we want anyone to be able to trade anything, anywhere,”
says Ran Yi, Co-Founder of Orderly Network.
“The mainnet launch of Orderly on
Solana is a milestone in delivering a true omnichain experience for
perps traders and adds a missing piece of the puzzle in connecting
Solana’s onchain landscape with EVM networks via a single unified
orderbook. With Orderly now live on Solana, projects, developers,
and traders can tap into a DeFi primitive that will power a broad
range of dApps fueled by deep liquidity.”
Deployed across major EVM chains,
including Arbitrum, Base, Mantle, Ethereum Mainnet, Optimism,
Polygon, and Solana, Orderly provides traders and DEXs with access
to over 70 markets. Its deployment on the Solana mainnet will
enable Solana traders to deposit assets and trade against
counterparts on all Orderly-supported chains for the first
time.
About Orderly
Network
Orderly Network is a permissionless
liquidity layer for Web3 trading. Built on omnichain
infrastructure, Orderly enables deep liquidity for any asset across
multiple blockchains. Focused on a future of DeFi that’s open to
all, Orderly empowers developers to fluidly create a comprehensive
array of financial products for any level of trader, without the
risks of wrapped asset movement through cross-chain bridging.
Download supporting imagery here
Learn more at orderly.network For PR inquiries related to this
release, please contact pr@orderly.network
Contact
Senior Associate PR &
MKT
Anabela
Rea
pr@orderly.network
