Orderly Network has officially integrated its omnichain orderbook on the Solana blockchain, enhancing trading capabilities for both EVM and non-EVM users. This development allows Solana traders to utilize a unified orderbook for perpetual trading, marking a significant advancement in decentralized finance.

Unified Liquidity Enhancements

The initiative, branded as Orderly Unity, focuses on providing unified liquidity across multiple chains. By enabling users to trade seamlessly from a single shared orderbook, Orderly Network enhances Solana’s trading experience. This integration allows assets to remain on their home network while trading against counterparts on other supported chains.

With the launch of this omnichain vault, Solana traders gain access to over 50 markets. This expansive market coverage aims to improve capital efficiency and streamline trading operations. Users can now enjoy trading with minimal friction, benefiting from the consolidated liquidity Orderly offers.

Co-founder Ran Yi emphasizes the vision behind this expansion. Orderly Network positions itself as a critical player in the DeFi landscape, likening its role to the Chicago Mercantile Exchange. This strategic move aims to provide traders with a more inclusive and efficient trading environment.

Deploying asset vaults across various chains allows Orderly to execute and settle trades on the Orderly Chain. This cross-netting functionality enhances capital efficiency and facilitates an inclusive trading framework. Traders can engage with popular assets, including memecoins, through a well-structured and robust platform.

Orderly Network’s Anticipated Growth and Future Developments

Solana’s integration is live on testnet, with plans for a mainnet launch in November. This development is part of Orderly’s broader initiative to enhance the DeFi ecosystem and provide a comprehensive trading solution. The expansion is expected to drive further growth, building on Orderly Network’s recent achievement of surpassing $83B in overall trading volume.

Orderly Network’s integration into the Solana ecosystem reflects a commitment to unify liquidity across chains. The platform aims to create a trading environment that empowers users to engage in diverse asset trades without limitations. While commenting on this initiative, the COO of Orderly Network, Arjun Arora highlighted the core purpose of this integration, stating, “By deploying our omnichain vault on Solana, we are bringing a seamless perps trading experience to Solana’s vibrant ecosystem of traders, builders, and dApps. This expansion marks the first in the space to offer perpetuals to both EVM and non-EVM users within one unified orderbook, supporting our Orderly Unity mission of a truly omnichain DeFi ecosystem.”