Orderly Network: Liquidity Layer Infrastructure for Web3

Modified on Tue, 16 Sep at 6:24 PM

What is Orderly Network?

Orderly Network combines orderbook infrastructure with robust liquidity for spot and perpetual futures orders. Unlike traditional order books with a user-facing front-end, Orderly operates at the core of the ecosystem, providing essential foundational services to other users.

Furthermore, Orderly functions as a white-label Decentralized Exchange (DEX) developer and manufacturer, saving creators time and capital. By providing access to liquidity, it enables anyone to build trading applications with seamless plug-and-play tools.

Currently, Orderly is focused on developing into an omnichain infrastructure and liquidity layer for DeFi. This involves aggregating liquidity from all blockchains into a single order book. They aim to create an interconnected trading ecosystem spanning multiple blockchains, eliminating concerns about cross-chain trading details. This will provide users with access to diverse assets and improved liquidity, leading to a better overall experience in the future.

Examples of Orderly Network use cases:

Brokers: Build perpetual trading platforms on EVM and Solana that benefit from robust trading infrastructure and deep liquidity.
Spot Aggregators: Access deep liquidity to obtain the best market rates for major assets, increase trading volume through the platform, and earn a share of trading fees.
Perps Aggregators: Unlock the limitations of shared order books and liquidity. Gain direct access to the liquidity of Orderly's entire Perps ecosystem by building a front end.
Wallets & Custodians: Connect to Orderly and provide users with the best swap rates on products. Create swap widgets.
Professional Trading & Traders: Access specialized APIs with a CEX-like trading experience, featuring a low-latency order book.
Games/dApps: Utilize built-in widgets to enhance in-app experiences and utility token functionality with in-game swaps. This increases user engagement and reduces reliance on third parties.
Trading Bots: Connect to the order book and access the industry's best spot and perpetual rates. Enjoy SL/limit orders, gasless transactions, and fully customizable fees.
Hedging: Protect your positions on other exchanges by utilizing Orderly's order book for effective hedging strategies.

Behind the Development of Orderly Network

Ran Yi - Co-founder and CEO of Orderly Network, has over 16 years of experience in global asset management. He leads the development and strategic direction of Orderly Network. Under his leadership, the company aims to build a flexible liquidity layer infrastructure that enables any dApp to thrive.

Terence Ng - Co-founder of Orderly Network, has experience in cryptocurrency trading management, protocol development, and on-chain liquidity infrastructure. He previously worked with WOO Network.

Arjun Arora - Serves as Chief Operating Officer (COO) and pathfinder. He has extensive skills in business development and EMEA leadership. With strong knowledge of technology and cryptocurrency, he has advised multiple blockchain startups. Prior to joining Orderly Network, he had a 9-year career at Google, where he helped manage new business in the UK and Ireland.

Tokenomics and Use Cases of the ORDER Token

The ORDER token is designed to foster a robust and sustainable ecosystem. It aligns the interests of all stakeholders through careful strategies and incentive mechanisms, supporting governance activities, staking, and promoting liquidity and community engagement.

Orderly Network's economic ecosystem comprises diverse participants, each playing a vital role in supporting and driving the objectives of DeFi. Market makers, traders, ORDER holders, and builders are central to this ecosystem, ensuring liquidity, dynamism, and innovation within the network. This, in turn, guarantees long-term success and sustainability.

ORDER Token

ORDER is a utility token designed to create a robust ecosystem for Orderly Network. It drives platform adoption and aligns the interests of stakeholders.

Governance: Staking ORDER tokens allows holders to participate in decentralized governance, a key aspect of the Orderly Network.
Earning VALOR: VALOR measures a user's staking commitment in terms of amount and duration, entitling them to a share of the corresponding pool.
Trading Fee Discounts: Staking ORDER tokens allows traders to receive higher trading fee discounts.
Market Making Reward Boost: Staking ORDER tokens allows market makers to receive a higher share of market-making rewards.

Token Distribution:

The ORDER token has a maximum supply of 1,000,000,000 ORDER. It is an ERC-20 token on Ethereum and an Omnichain Fungible Token (OFT) for other chains using LayerZero. The token distribution is as follows:

ORDER Token Allocation - Source: Orderly Network

Community: To provide long-term incentives to key stakeholders in the ecosystem. 55% of the total supply, divided as follows:

Retroactive Airdrop - 13.3%
Trading Rewards - 15%
Market Making Rewards - 10%
Builder Rewards - 8.35%
Future Product Launches - 8.35%

Strategic Investment: To support early adopters and strategic investors, 15% of the total supply.

Team & Advisors: For the founding team, backers, future hires, and advisors, 20% of the total supply.

Foundation: To subsidize the ecosystem, marketing, partnerships, and ORDER token liquidity on CEXs and DEXs, 10% of the total supply.

Interesting Price Information for ORDER

As of 7 March 2025, according to the Coinmarketcap website, the ORDER token had a market capitalization of $32,597,650, equivalent to 1,099,134,666 THB.

At the time of writing this article, ORDER was trading at approximately $0.1531 or 5.16 THB per token. The token's all-time high (ATH) was $0.3761 or 12.65 THB per token, reached on 22 January 2025.

References