ORDER Orderly Network

Key Features and Use Cases of Orderly Network

Orderly Network is a decentralized finance (DeFi) platform that integrates an orderbook-based trading system with a strong liquidity foundation. Here are some of its main use cases:

• Unified Trading Infrastructure: Orderly Network combines the high efficiency of centralized exchanges (CEXs) with the decentralized principles of on-chain settlements and self-custody of assets. This allows for high-performance trading across multiple blockchain networks while maintaining decentralization.

• Robust Liquidity Layer: The platform aggregates liquidity from various sources, ensuring efficient trade execution with minimal slippage. This is designed for both spot and perpetual futures markets.

• Omnichain Protocol: Orderly aims to unify traders across various blockchain networks within a single, cohesive orderbook. This eliminates the need for complex cross-chain bridges and makes DeFi more accessible.

• Quick Development: Developers can leverage Orderly’s Software Development Kit (SDK) to rapidly create decentralized exchanges (DEXs), with products ready for market within 1-2 weeks.

• Preloaded Liquidity: Orderly’s platform is supported by top-tier market makers, ensuring consistent liquidity and eliminating concerns about shortages.

• CEX-Level Performance: Users enjoy centralized exchange-level performance with low-latency trading, while maintaining decentralization and transparency through on-chain trades.

• Gasless Trading: On certain networks like NEAR, users can trade without incurring gas fees after depositing funds, streamlining transactions and reducing costs.

• Brokers and Trading Desks: Orderly allows for the establishment of spot or perpetual DEXs on NEAR or EVM, utilizing deep liquidity and advanced trading infrastructure.

• Wallets and Custodians: The platform supports various wallets and custodians, enhancing user flexibility.

• Games and dApps: Orderly’s built-in Swap widget facilitates seamless token exchanges within applications, enhancing in-app experiences.

• Trading Bots: Users can connect to Orderly’s orderbook for competitive rates and automated trading features, including customizable fees and stop-loss orders.

Benefits for Users and Developers

• Unified Orderbook: Access a single orderbook that integrates multiple blockchains, providing a broad spectrum of liquidity sources.
• Revenue Sharing: Orderly offers a revenue-sharing model that allows users to earn a share of the fees.
• Composability: The platform simplifies trading across multiple blockchains, eliminating the need for complex cross-chain bridges.

Tokenomics

• $ORDER Token: The $ORDER token is designed to decentralize the protocol, drive network growth, incentivize user participation, and maintain the platform’s economic stability. It supports governance, staking, liquidity, and community engagement.

Pros of Orderly Network

• Omnichain Infrastructure: Enables seamless trading across multiple blockchains with centralized liquidity, making it easier for traders to access various markets.
• Hybrid Model: Combines the efficiency of centralized exchanges (CEXs) with the transparency and security of decentralized exchanges (DEXs), offering a high-performance trading experience.
• Comprehensive Tokenomics: Supports governance, staking, and community engagement, providing a robust ecosystem for users and developers.
• Developer Friendly: Provides APIs and tools for building on EVM and NEAR, making it easier for developers to integrate Orderly Network into their applications.
• Gasless Trading: Eliminates the need for repeated signatures or approvals, enhancing user experience and efficiency.
• High Liquidity: Offers deep full-chain liquidity, ensuring minimal slippage and smaller spreads for traders.
• Fast Execution: Controls latency within 200 milliseconds, comparable to traditional centralized trading platforms, allowing for quick order execution.

Cons of Orderly Network

• No Official DEX: Orderly Network does not have an official internal decentralized exchange (DEX), which might limit some functionalities.
• Ongoing Development: Some features, especially in NEAR, are still under development, indicating that the platform is continuously evolving.

Founders of Orderly Network

The founders of Orderly Network are:

• Ran Yi: Co-founder with extensive experience in finance and cryptocurrency, having previously contributed to WOO's success.
• Terence Ng: Co-founder who, alongside Ran Yi, aims to revolutionize DeFi by combining the ease of centralized exchanges with the power of decentralized trading.

Investors in Orderly Network

Orderly Network has received investments from several strategic investors across two major funding rounds:

• Initial Seed Round: The initial seed round secured $20 million in investments from institutions such as Pantera, Sequoia China, Laser Digital, Dragonfly, and Jump.
• Additional Funding: An additional $5 million was received from OKX Ventures and other investors including Manifold Trading, Presto Labs, LTP, Nomad Capital, and Origin Protocol.

These investments support Orderly Network's mission to enhance DeFi liquidity and provide robust infrastructure for Web3 trading.

Key Points About Orderly Network

What is Orderly Network?

Orderly Network is a decentralized trading infrastructure that offers a unified trading platform tailored for decentralized exchanges (DEXs). It provides a permissionless liquidity layer for Web3 trading, integrating multiple blockchains to simplify cross-chain interactions.

Key Features

• Unified Orderbook and Liquidity: Integrates multiple blockchains into a single orderbook, providing a broad spectrum of liquidity sources.
• Omnichain Approach: Eliminates complexities of cross-chain interactions and bridges, allowing seamless trading across different networks.
• CEX-Level Performance: Offers low-latency trading while maintaining decentralization and transparency through on-chain trades.
• Preloaded Liquidity: Supported by top-tier market makers, ensuring consistent liquidity and eliminating concerns about shortages.

Investment Potential

• Innovative Architecture: Its unique hybrid orderbook model and omnichain approach make it a pioneering force in decentralized trading.
• Expanding Ecosystem: Integration with prominent platforms and strategic investments from reputable financial services groups like Laser Digital enhance its adoption rate and market interest.
• Scalability and Usability: Focus on providing a scalable and user-friendly DeFi ecosystem, making it a promising venture for investors.

Long-Term Vision

• Leading Liquidity Layer: Aims to become the leading liquidity layer and trading infrastructure for DeFi, connecting traders across various blockchain networks.
• Comprehensive Trading Ecosystem: Seeks to unify liquidity from different blockchains, fostering a comprehensive and decentralized trading ecosystem.

Investor Confidence

• Strategic Investments: Backed by significant investments from Laser Digital and other venture capital heavyweights, indicating confidence in its potential.
• Growing Market Interest: Increasing adoption and interest in decentralized network solutions could drive up demand and value.

Conclusion

Orderly Network presents a compelling case for investment due to its innovative architecture, expanding ecosystem, and strategic investments. Its focus on scalability, usability, and becoming a leading liquidity layer in DeFi makes it a promising venture for investors looking for potential high ROI opportunities.

Halal Status of Orderly Network

No, the halal status of Orderly Network is not explicitly confirmed as halal. According to the available information, a detailed Shariah screening report is required for a definitive answer, and such reports are typically accessible to subscribers of specific services. Without direct access to a comprehensive Shariah analysis, it is not possible to confirm Orderly Network as halal.