Coinspeaker Orderly Network Launches Solana Perps with 30 DEXs and 73 Perps
Orderly Network has launched its perps omnichain orderbook on Solana’s mainnet, making it possible for Solana users to experience omnichain DeFi trading for the first time. With over 30 decentralized exchanges (DEXs) and 73 trading perpetuals, this development marks a significant milestone.
Orderly Network operates as a permissionless liquidity layer for Web3 trading, utilizing omnichain infrastructure. This setup allows Orderly to offer deep liquidity for any asset across multiple blockchains. The focus is on creating a future for DeFi that is open to all, enabling developers to craft various financial products for traders at all levels without the risks associated with cross-chain bridging.
For the first time, EVM and non-EVM orders are combined into a single perps orderbook through Orderly’s mainnet Solana launch. This integration positions Orderly as the first to blend this two-chain super-ecosystem, which boasts a market capitalization exceeding half a trillion dollars. Tokens from each chain can now be leveraged directly for trading without the need for bridging, wrapping, or side steps.
Overcoming Liquidity Challenges
Despite Solana’s strong spot trading volumes, the perps trading landscape has lagged, with poor liquidity posing a barrier to broader adoption. Orderly addresses this by providing a chain-agnostic solution that allows users to trade liquid perpetual swap markets in real-time. When a trade is executed on Solana, Orderly’s engine layer routes it through the orderbook, matches it, and then relays it to the settlement layer.
Ran Yi, Co-Founder of Orderly Network, emphasized the advantages of the platform. Solana users gain direct access to trade meme coin perpetuals with EVM-focused participants across over 30 integrated decentralized exchanges. The process eliminates complexities such as bridging or wrapping.
“For the first time, via Orderly, Solana users can trade meme coin perpetuals with EVM-focused participants across 30+ integrated DEXes […] unlocking deep liquidity across chains and raising the bar for user experience and trading efficiency. This is what we mean by trading anything, anywhere, said Yi.
The mainnet launch on Solana represents a milestone in providing a true omnichain experience for perps traders. It connects Solana’s onchain landscape with EVM networks through a unified orderbook, allowing projects, developers, and traders to tap into a DeFi primitive powered by deep liquidity.
Expansion Across Major EVM Chains
Orderly’s deployment spans major EVM chains such as Arbitrum, Base, Mantle, Ethereum Mainnet, Optimism (OP), Polygon, and now Solana. This extensive reach grants traders and DEXs access to over 70 markets. The Solana mainnet deployment allows Solana traders to deposit assets and trade with counterparts on all Orderly-supported chains for the first time.
With the introduction of Orderly on Solana, users can expect an enhanced trading experience without the typical complications associated with cross-chain activities. This innovative approach not only simplifies the process but also provides a more efficient and streamlined trading environment.
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Orderly Network Launches Solana Perps with 30 DEXs and 73 Perps
