Orderly Network: tapping into new market potential with cloud liquidity

Like many industries, most innovations in the crypto industry come from the downturn in the market. The downturn in the market has prompted entrepreneurs and developers to re-examine existing technologies and models, and many projects have had to find more efficient and cost-effective solutions.

Hayden Adams launched DEX Uniswap in the crypto winter of 2018, aiming to automatically match transactions through smart contracts, reduce transaction costs and improve transaction efficiency.

At the same time, Ju Jianhua took a completely different route and launched the SaaS cloud trading system Coin Core Cloud, which can provide liquidity and technical support for other platforms, helping trading platforms to improve their competitiveness and operational efficiency. Of course, Coin Core was permanently shut down for various reasons, but its ideas obviously opened up a business model for later comers.

Binance, the world's largest trading platform, also keenly discovered the opportunity and founded Binance Cloud in 2018 to provide liquidity deployment and exchange services. Platform customers can enjoy the liquidity pool provided by Binance.

At the same time, half a year after the closure of CoinCore, Orderly Network, jointly incubated by NEAR and WOO Network, was established. Unlike the former and Binance Cloud, Orderly Network is a multi-chain trading infrastructure based on the concept of decentralization. Orderly Network is a cloud liquidity covering the entire chain network, dedicated to solving the current problem of decentralized liquidity.

White label DEX, influence monetization

In the crypto market, everyone wants to be the merchant who sells shovels and jeans. However, its threshold is far beyond the imagination of a large number of users. The emergence of Orderly Network provides a soil for some users with influence and traffic to realize this opportunity.

Orderly Network focuses on providing DEX backends and providing core and basic services for the ecosystem above it. All users can create spot and user contract DEXs based on Orderly Network and enjoy the full-chain liquidity aggregated from Orderly Network. Compared with traditional centralized cloud trading platforms, trading platforms built on Orderly Network can achieve on-chain settlement and maintain complete self-custody. Users can interact on the chain they are most accustomed to, avoiding the instability and capital loss caused by cross-chain.

In other words, Orderly Network provides an opportunity for everyone to create a trading platform. Now, creating a trading platform does not require a lot of time, money, and liquidity. As the ecosystem grows, the overall liquidity pool will expand further and form a network effect. This network effect allows each newly added trading platform to not only benefit from existing liquidity, but also increase liquidity for other members, forming a mutually beneficial ecosystem.

From an industry perspective, Orderly Network may usher in an era of on-chain transaction rebates and customized services for major customers. At present, a large number of industry KOLs monetize their influence by inviting rebates. In this process, many factors are involved, such as the cost of fan trust, platform transparency, and cooperation complexity.

Orderly Network solves this problem very well. KOLs can design their own transaction front-ends and access the Orderly Network API. The transaction process and rebate status can be queried on the chain. In order to attract more high-quality users to participate in transactions, KOLs also need to provide different customized services for customers. Under the market competition mechanism, KOLs who rely on eating customer losses and lack judgment on the market will be eliminated.

DeFi new paradigm, perfect combination of technology and market demand

It has been several years since the cloud trading system was proposed. However, the real decentralized, multi-chain liquidity sharing solution Orderly Network has only recently gained widespread attention and recognition among user groups. The main reason is that in recent years, blockchain technology has made significant breakthroughs in scalability, cross-chain compatibility, and data availability.

Orderly Chain is built on OP Stack, combining Celestia and LayerZero technologies to provide the settlement layer and ledger functions of full-chain transactions. By utilizing Celestia's data availability service, unified management of liquidity pools between different public chains is ensured. This technology not only improves the efficiency of capital use, but also significantly reduces the complexity and cost of cross-chain operations. At the same time, LayerZero's cross-chain protocol provides Orderly Network with powerful cross-chain support, allowing users to seamlessly trade and settle between different chains. Accounting is done by cross-chain messaging to Orderly Chain. In this way, fund security and decentralized data consistency are guaranteed.

The integration of these technologies enables Orderly Network to truly realize multi-chain liquidity sharing. For ecological projects that directly use Orderly Network, project parties can focus on greater challenges instead of wasting time on cumbersome technical integration. According to actual calculations, integrating Orderly Network can save at least 200 hours of development time.

Liquidity fragmentation and inefficient use have always been the drawbacks of the DeFi field. Different block networks act independently, and funds are locked in a single network and cannot be shared. Orderly Network uses the "cloud liquidity" mechanism to uniformly manage and allocate liquidity resources to solve this problem. Cloud liquidity uses cross-chain technology to achieve seamless sharing of liquidity between different blockchains, ensuring that funds can flow freely between multiple chains. Secondly, through unified management and optimization of multiple liquidity pools, dynamic adjustment of liquidity pools is achieved. This management method allows liquidity to be reasonably allocated according to market conditions and user needs, avoiding idleness and waste of funds, thereby further improving the efficiency of fund use. The latest data shows that Orderly Network already supports six major networks including Optimism, Arbitrum, and Base.

In terms of user experience, Orderly Network controls latency within 200 milliseconds, comparable to traditional centralized trading platforms. Users can execute orders at a faster speed to ensure trading at the best price point. In addition, Orderly Network has also reached cooperation with more than 20 top market makers, such as Wintermute, Selini and Riverside, to provide users with sufficient trading depth, allowing Orderly traders to execute transactions with minimal slippage and smaller spreads.

Orderly Network: At price levels above $61,500, there are more than 1.584 Bitcoin funds. This high liquidity means that transactions with almost no slippage can be executed.

Other DEXs: At the same price level, there are only 0.49 Bitcoin funds. Low liquidity may increase slippage, so that only worse transaction prices can be accepted.

Orderly Network represents the most cutting-edge technology in the current DeFi field, and sets an example for future full-chain DEX. Its success is not accidental, but a full combination of technological accumulation, market demand and innovative practice.

Profits exceed $7 million, and the ecosystem continues to develop

During the period of intense market volatility from August 5 to 6, Orderly's average daily trading volume soared to a record high of $1.8 billion. This is due to the advantages of Orderly's deep full-chain liquidity, which effectively met the surging trading demand. When other trading platforms were struggling to cope with sudden demands due to insufficient liquidity, Orderly successfully attracted a large number of users. As Orderly continues to integrate more public chains, its market footprint is expected to expand further, showing great growth potential.

Recent data shows that Orderly Network's daily trading volume has reached 1 billion US dollars, ranking in the top three among DEXs. Its transactions account for 41% of Celestia, ranking first, and its share of LayerZero's total volume is as high as 28%. According to Dune data, Orderly Network's total cumulative trading volume is currently 79 billion US dollars, with a net income of 7.4 million US dollars and more than 290,000 users.

Meme Token has received a lot of attention and hype in this bull market. At the same time, the cryptocurrency industry is also reflecting on the valuation issue. The inventor of the Uniswap protocol recently tweeted that cryptocurrency founders and venture capitalists should be rational and should not value projects that are still in the early stages, still under development, and have not issued tokens at more than $1 billion.

Investors are starting to look for projects with value and development potential, trying to get involved in them at an early stage. It is understood that Orderly Network's FDV (full circulation market value) is about $200 million, which is in a reasonable position. Recently, several investors including OKX Ventures have made strategic investments of more than $5 million. This financing will further support the development of the business and accelerate the development and deployment of key upgrades and features.

During the seed round of financing, Orderly Network received $20 million in investment from well-known institutions such as Pantera, Sequoia China, Laser Digital, Dragonfly and Jump. Recently, Orderly received another $5 million in strategic investment from OKX Ventures and other investors, including Manifold Trading, Presto Labs, LTP, Nomad Capital and Origin Protocol.

Orderly has also recently started token airdrops and claims, and staking activities have also begun.

The total supply of ORDER is 1 billion, which is distributed as follows:

- Community: 55%;

- Team, Advisors: 20%;

- Strategic Investors: 15%;

- Foundation: 10%;

Of these, the tokens allocated to the community can be further divided into retroactive airdrops, trading rewards, market making rewards, construction rewards, and future product releases, accounting for 13.3%, 15%, 10%, 8.35%, and 8.35% of the total, respectively.

After the TGE, 60% of the new net transaction fees will continue to accumulate and be given to the Orderly token stakers. Combining operational and financial data, it can be seen that Orderly's business model has entered a positive cycle and has sufficient funds to support future development.

Orderly founder Ran Yi revealed the company's recent development plans in an AMA. He said that in the next six weeks, several trading platforms will integrate Orderly's services, and the company will expand its support for mainstream chains, including some emerging public chains with great potential. In addition, Orderly plans to expand its asset coverage to support more types of collateral. This series of measures is aimed at enhancing Orderly's market competitiveness and providing users with more comprehensive and flexible services.

DEX has always been regarded as one of the core applications of blockchain technology. It breaks the barriers of the traditional financial system and provides users with an autonomous, transparent and trustless trading platform. However, as the industry continues to develop, DEX also faces its own challenges, such as decentralized liquidity, cross-chain transaction complexity and transaction delays.

Orderly Network has successfully integrated the liquidity of different blockchain networks through its original cloud liquidity concept, realizing seamless cross-chain liquidity sharing. This technology has completely revolutionized the way liquidity is managed and brought new possibilities to the DeFi ecosystem.

Cloud liquidity not only breaks through the bottleneck of cross-chain liquidity sharing, but also uses smart contracts and algorithms to optimize the configuration of liquidity pools, bringing the efficiency of capital use to an unprecedented level. The fully decentralized cloud liquidity architecture further enhances the transparency and trust foundation of the platform and increases users' trust in the platform.

Whether from the perspective of the future development of DEX or from the perspective of cloud liquidity innovation, Orderly Network has shown strong potential and broad prospects. It is not only a multi-chain trading infrastructure, but also a representative of the next generation of DEX.