Orderly Network revolutionizes liquidity management across multiple blockchains, enhancing the efficiency and reliability of trading in decentralized finance (DeFi).
In the realm of DeFi, liquidity fragmentation poses a persistent challenge, as assets and trading volumes are dispersed across various layer-2 networks. This fragmentation leads to higher trading costs, slower transactions, and limited leverage opportunities, hindering the potential for seamless trading experiences and causing inefficiencies.
To address this issue, DeFi requires unified liquidity across chains. Solutions that integrate trading orders into a single, cohesive order book promise to enhance trading efficiency and create a more integrated and effective DeFi ecosystem.
Orderly Network stands out as a layer-2 platform that provides a permissionless liquidity layer for Web3 trading by leveraging the Orderly Chain and LayerZero. By converging all orders into a shared order book across multiple chains, Orderly Network offers a unified liquidity landscape that improves trading efficiency, delivers deeper liquidity, and provides tighter spreads.
The platform’s Orderly Chain, built on the OP Stack and utilizing Celestia’s data availability and LayerZero’s cross-chain messaging protocol, serves as the settlement and ledger for all transactions, ensuring seamless operations during downtime and unlocking cross-netting capabilities previously unavailable in DeFi.
Moreover, Orderly Network’s infrastructure allows decentralized exchanges (DEXs) and brokers to access a unified liquidity pool, supporting various chains such as Near, Polygon, Arbitrum, Optimism, Base, Ethereum mainnet, and Mantle. The platform’s Omnichain SDK, tailored for Ethereum Virtual Machine (EVM) developers, simplifies the creation of perpetual protocols and advanced trading tools, reducing development time and effort for Web3 teams.
Co-founded by Ran Yi and Terence Ng, Orderly Network has attracted over $20 million in investment from institutions such as Pantera, Sequoia China, Laser Digital, Dragonfly, and Jump. The platform has already achieved significant milestones, including $650 billion in cumulative trading volume, over 215,400 onchain users, and $56 million in total value locked (TVL).
Looking ahead, Orderly Network plans to enhance its platform in the second half of 2024 by introducing isolated margin, multi-collateral, and onchain oracles. These enhancements aim to provide traders with improved margin allocation, increased trading flexibility, and continuous, transparent pricing data from multiple sources.
As platforms like Orderly Network continue to address liquidity fragmentation, they pave the way for a more seamless, efficient, and integrated DeFi landscape, bridging the gap between decentralized and centralized finance.
Discovering a solution for DeFi fragmentation by consolidating liquidity
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