Orderly Network

Orderly Network is an infrastructure layer that provides shared orderbook liquidity for DeFi front-ends across multiple chains. Launched in July 2023, it's not a trading venue itself but rather the underlying technology that powers multiple DEX interfaces, creating a unified liquidity pool accessible from different chains and front-ends.

The network supports 98 markets with up to 50x leverage, zero maker fees, and an extremely low 0.03% taker fee — among the lowest in the entire perp DEX space. USDC serves as collateral with 8-hour funding intervals. Multiple front-end applications built on Orderly can access the same shared liquidity, reducing fragmentation.

Orderly's architecture separates the trading infrastructure from the user interface, allowing teams to build custom trading front-ends while sharing the same deep liquidity pool. This model improves capital efficiency across the ecosystem and reduces the cold-start liquidity problem that new DEXes face.

The ORDER token launched in August 2024 with 13.3% airdropped to the community. The VALOR staking system distributes 60% of net protocol fees to stakers, creating an attractive yield proposition. As a liquidity infrastructure layer, ORDER captures value from all front-end trading volume flowing through the network.

Orderly Network suits builders who want to launch trading products without solving the liquidity bootstrapping problem, and traders who benefit from the aggregated depth. Its infrastructure-as-a-service model is unique in the perp DEX landscape.