Orderly Network has launched its Perps omnichain order book on Solana. By doing this, the network aims to provide a breakthrough solution for decentralized financial trading (DeFi). With this integration, Solana users can now trade seamlessly across more than 30 decentralized exchanges (DEXs). The users can also access 73 trading perpetuals without restrictions. It marks an important step in uniting EVM and non-EVM ecosystems.
The launch of Solana is a groundbreaking milestone in DeFi. It combines EVM and non-EVM orders into one unified order book for offenders. Orderly Network innovation allows users to trade directly between chains without the need for traditional bridging or packaging. This innovation simplifies the trading experience.
Orderly is positioned as a leader in DeFi and aims to improve market accessibility. The network aims to create a super ecosystem with a combined market capitalization of more than half a trillion dollars. This breakthrough ensures that token assets from both ecosystems can now flow seamlessly. It proves the wider adoption and trading efficiency of the token.
Orderly network improves liquidity in all chains
Despite Solana’s robust spot trading volumes, the lack of liquidity in perpetual trading has long been a challenge. Orderly’s order book integration addresses this gap by unlocking deep liquidity. It also improves the efficiency of trading memecoin perpetuals and other assets. The network provides a completely chain-independent platform that routes trades through the order book, ensuring seamless execution.
Ran Yi, co-founder of Orderly Network, said: “For the first time, Solana users can seamlessly connect through Orderly to trade memecoin perpetuals directly with EVM-focused participants via more than 30 integrated DEXes. And all without the need for unnecessary complications such as bridging or wrapping. This is how we unlock deep liquidity across all chains while raising the bar for user experience and trading efficiency at speed.”
This innovative approach will redefine DeFi by combining high-speed trading with cross-chain compatibility, a move that Orderly says will “enable anyone to trade anything, anywhere.”
A milestone in DeFi infrastructure
The implementation on Solana is a crucial addition to Orderly’s already impressive ecosystem. It includes major EVM chains such as Ethereum, Polygon, Base and Arbitrum. Solana traders have access to more than 70 markets. So now for the first time they can deposit assets and trade against counterparts from other chains. The unified system enables developers, projects and users to tap into a deep liquidity pool. It powers a range of decentralized applications (dApps).
Ran Yi highlighted the broader impact of this integration, calling it a “milestone in delivering a true omnichain experience for perpetrator traders and adding a missing piece of the puzzle in connecting Solana’s onchain landscape to EVM networks through one uniform order book.” Orderly is now live on Solana. Thus, the network continues to set a new standard for DeFi by bridging liquidity gaps and fostering user-centric innovations.
