Crypto Revolution: Orderly Network Introduces the First Omnichain Orderbook on Solana
Orderly Unity: A Game Changer in Crypto
Orderly Network, a leading decentralized finance (DeFi) liquidity platform, has officially launched its omnichain orderbook on Solana (SOL), marking a significant milestone in the crypto world. This innovative initiative, referred to as Orderly Unity, allows both EVM (Ethereum Virtual Machine) and non-EVM users to trade perpetual futures from a unified orderbook.
Solana Integration: Now Live on Testnet
The integration with Solana is currently operational on testnet, with the mainnet launch anticipated in November. This development is a testament to Orderly Network's commitment to a unified liquidity model within its DeFi framework.
Enhancing Capital Efficiency in DeFi
- Cross-Chain Functionality: Orderly Unity allows users to deposit assets on Orderly and trade across multiple supported blockchains without leaving the Solana network.
- Ambitious Goals: Co-founder Ran Yi likened the initiative’s capabilities to the Chicago Mercantile Exchange (CME) for its focus on capital efficiency and cross-netting.
“We’re on a mission to unify liquidity across all chains,” Yi stated, highlighting Orderly's ambition to create a limitless trading environment.
Wider Integration Across Major Blockchains
Orderly is expanding its integration efforts with numerous prominent blockchains, including Arbitrum, Base, Mantle, Ethereum (ETH), and more, giving traders easy access to top assets across over 50 markets.
The Future of Orderly Network
With a total trading volume reaching $83 billion, Orderly Network has indicated that this expansion is critical in its path toward establishing a comprehensive omnichain DeFi ecosystem. The platform continues to lead the charge in accessible, cross-chain trading for various users.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.