Orderly
Orderly Network
Background
Throughout much of our industry’s history, centralized exchanges (CEXs) such as Coinbase, Binance, and Kraken have thrived as the preferred choice for crypto traders. Users have mainly gravitated towards these products due to their strong liquidity and compelling user experiences (UX)—a notoriously key pain point for legacy decentralized exchange (DEX) applications.
But what if there was a trading venue that combined the speed and liquidity of CEXs with the transparency, sovereignty, and settlement of decentralized finance (DeFi)?
That's the core idea behind Orderly Network.
Orderly Network is addressing the historical shortcomings of early DeFi applications by building a trading infrastructure through which liquidity converges. Orderly creates an efficient and robust trading ecosystem fitted with better price discovery, lower slippage, deeper liquidity, and execution-speeds that rival CEXs—all the while maintaining the benefits of DeFi.
Introduction
Orderly is a Layer 2 (L2) solution that provides:
Orderbook-based trading: Similar to CEXs, Orderly uses an order book to match buyers and sellers, ensuring smooth and efficient trades.
Omnichain liquidity: Orderly aggregates liquidity from various blockchains, offering a wider pool of assets and tighter spreads.
High-speed execution: Orderly prioritizes fast trade execution, minimizing delays and frustrations.
Orderly uses a unified orderbook; users trade on different chains but in the same orderbook, removing the need for bridging.
Orderly inherently plays a significant role in improving the overall efficiency and robustness of the DeFi trading landscape, quickly emerging as one of the largest liquidity sources for permissionless Web3 trading.
Key Achievements and Impact
Orderly Network has already made significant waves in the DeFi world, including:
Over $50 billion in total trading volume
Integration with six major blockchains (Arbitrum, Optimism, Polygon, Base,
More than $56 million in Total Value Locked (TVL)
A user base exceeding 215,000 unique wallets
The Future of DeFi Trading
With its innovative infrastructure and strong partnerships, Orderly Network is poised to become a major player in the future of DeFi trading.
What makes them stand out from existing competitors is:
Cross-chain capabilities: Orderly facilitates seamless trading across different blockchains, maximizing user options.
Settlement on Orderly Chain: All trades are settled on a secure and dedicated blockchain, ensuring transparency and finality.
Support for DeFi projects: Orderly empowers DeFi projects with institutional-grade liquidity for spot and perpetual trading.
Their ecosystem of partners includes names like WOOFi, LayerZero, NEAR, Optimism, Arbitrum, Base, Elixir, Polygon, and more.
Join the Orderly Network Community
Stay tuned for more updates and join the Orderly Network community to be a part of the DeFi trading revolution.
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- Paul Veradittakit
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ABOUT ME
Hi, I’m Paul Veradittakit, a Managing Partner at Pantera Capital, one of the oldest and largest institutional investors focused on investing in blockchain companies and cryptocurrencies. I’ve been in the industry since 2014, and the firm invests in equity, early stage token projects, and liquid cryptocurrencies on exchanges. I focus on early-stage investments and share my thoughts on what’s going on in the industry in this weekly newsletter.
If you have an projects that need funding, feel free to DM me on twitter.