According to BlockBeats, the Orderly Network, a trading protocol within the NEAR ecosystem, has achieved a significant milestone. On July 4th, the total trade volume of the network surpassed $60 billion, reaching $61 billion. The protocol's Total Value Locked (TVL) currently stands at $42 million.
In addition to this, the protocol has accumulated net fee income of $6.3 million. This achievement marks a significant step in the growth and development of the NEAR ecosystem's Orderly Network. The network's impressive trade volume and TVL indicate a strong and active user base, contributing to the overall success of the NEAR ecosystem.
The Orderly Network's achievement is a testament to the growing popularity and adoption of blockchain technology and decentralized finance. It also highlights the potential of the NEAR ecosystem to facilitate significant trade volumes and generate substantial fee income. The network's success is a positive sign for the future growth and development of the NEAR ecosystem and the broader blockchain industry.
