Orderly Network has introduced its perps omnichain orderbook on Solana. By doing this, the network aims to bring a groundbreaking solution to decentralized finance (DeFi) trading. With this integration, Solana users can now seamlessly trade across more than 30 decentralized exchanges (DEXs). The users can also access 73 trading perpetuals without limitations. It marks a significant step in unifying EVM and non-EVM ecosystems.
The Solana launch is a pioneering milestone in DeFi. It combines EVM and non-EVM orders into one unified perps orderbook. Orderly Network’s innovation allows users to trade directly across chains without requiring traditional bridging or wrapping. This innovation simplifies the trading experience.
Orderly is positioned as a leader in DeFi and aims to enhance market accessibility. The network strives to leverage a super-ecosystem with a combined market capitalization exceeding half a trillion dollars. This breakthrough ensures that token assets from both ecosystems can now flow seamlessly. It proves the token’s broadening adoption and trading efficiency.
Orderly Network Enhances Liquidity Across Chains
Despite Solana’s robust spot trading volumes, the lack of liquidity in perpetual trading has long been a challenge. The integration of Orderly’s perps orderbook addresses this gap by unlocking deep liquidity. It also enhances the efficiency of trading memecoin perpetuals and other assets. The network provides a fully chain-agnostic platform that routes trades via its orderbook, ensuring seamless execution.
Ran Yi, Co-Founder of Orderly Network said, “For the first time, via Orderly, Solana users can connect seamlessly to trade memecoin perpetuals directly with EVM-focused participants across more than 30 integrated DEXes. All without the need for unnecessary complications like bridging or wrapping. This is how we unlock deep liquidity across all chains while increasing the bar for user experience and trading efficiency at speed.”
This innovative approach is set to redefine DeFi by combining high-speed trading with cross-chain compatibility, a move that Orderly believes will enable “anyone to be able to trade anything, anywhere.”
A Milestone in DeFi Infrastructure
The deployment on Solana is a critical addition to Orderly’s already impressive ecosystem. It includes major EVM chains like Ethereum, Polygon, Base, and Arbitrum. Solana traders have access to over 70 markets. So now, they can deposit assets and trade against counterparts from other chains for the first time. The unified system empowers developers, projects, and users to tap into a deep liquidity pool. It fuels a range of decentralized applications (dApps).
Ran Yi emphasized the broader impact of this integration, calling it a “milestone in delivering a true omnichain experience for perps traders and adding a missing piece of the puzzle in connecting Solana’s onchain landscape with EVM networks via a single unified orderbook.” Orderly is now live on Solana. So, the network continues to set a new standard for DeFi by bridging liquidity gaps and advancing user-centric innovations.
