Introduction to Orderly network

Orderly Network combines an orderbook-based trading infrastructure with a robust liquidity layer, providing both spot and perpetual futures orderbooks. It is designed to offer high-performance and low-latency trading capabilities, simplifying the integration of perpetual futures or spot trading into applications for developers. Unlike traditional platforms, Orderly Network does not feature a front-end interface but operates behind the scenes, delivering essential services such as a matching engine and liquidity solutions to projects built on top of its ecosystem.

At the core of Orderly’s omnichain infrastructure is the Orderly Settlement Layer, an app-chain built on the OP Stack. This infrastructure supports seamless dApp development and deployment through its newly introduced SDK. As a non-custodial exchange, Orderly Network provides traders with exposure to various assets without the risk of liquidation. Recently, it raised US$20 million to advance its DeFi infrastructure, collaborating with NEAR, WOO Network, and Kronos Research to offer permissionless spot and perpetual trading on the NEAR blockchain.

By late August, Orderly Network had achieved significant milestones, including over 215,000 unique wallet users, a Total Value Locked (TVL) in the tens of millions, and cumulative net fee revenue approaching $10 million. The project, incubated by the Woo Network team and backed by top-tier institutions, has raised $25 million in funding, co-invested by Foresight. It has established partnerships with leading market makers such as Jump and Kronos and previously collaborated with Google Cloud on DeFi infrastructure.

Orderly Network was listed on Bitget at 10 AM (UTC) today, showcasing its strong protocol data and inherent advantages. The project also features a launchpool event on Bitget, offering a 2,600,000 $ORDER reward pool. Its hybrid orderbook model combines the best aspects of centralized and decentralized exchanges, delivering the performance and efficiency of CEXs with the transparency and security of DEXs. The Central Limit Order Book (CLOB) integrates features of both centralized and decentralized exchanges, providing low latency and concentrated liquidity.

Transparency is a key feature, with all orders visible on the blockchain to reduce potential market manipulation. The platform’s high-performance matching engine ensures quick and efficient order execution. Users benefit from self-custody, retaining full control over their funds without relying on the protocol for trust or solvency. The omnichain approach divides the infrastructure into Asset Layer, Settlement Layer, and Engine Layer, enabling chain-agnostic operations. Additionally, Orderly Network incorporates MEV protection through fast matching, transaction batching, and on-chain settlement. It is also developer-friendly, allowing developers to focus on building products without the complexity of backend systems.