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Orderly Network has launched a trading points airdrop event, where participating users have the chance to receive additional airdrops from cooperative projects

Orderly Network has launched a trading points airdrop event, where participating users have the chance to receive additional airdrops from cooperative projects

Bitget2024/06/08 03:23

The cross-chain derivatives liquidity layer project, Orderly Network, has announced the launch of a trading points airdrop event. Users can earn points by trading on different exchanges/brokers within the Orderly ecosystem and also have the chance to receive additional airdrops from other partnered exchanges or ecosystems, such as LayerZero. The various DEXs/brokers in the Orderly ecosystem include: WOOFi Pro, LogX Pro, EMDX, Bitoro, IBX Trade, AscendEX DEX, VOOI, QuickPerps Falkor,FusionX , SharpeAI,Coolwallet,Xade,and Prime Protocol.

Orderly is a cross-chain derivatives liquidity layer project that integrates cross-chain derivative liquidity to provide liquidity and settlement support for any asset on any public chain with any product interface. It provides unified order books and liquidity for different DEXs/brokers while conducting unified settlements to solve issues related to fragmented interchain liquidity and improve user experience on DEXs. To achieve this functionality, Orderly established an Orderly Chain using OP Stack leveraging Celestia's data availability feature along with LayerZero's cross-chain protocol allowing exchanges across different public chains to share one pool of liquidity. Currently it supports six public chains including Near,Polygon ,Arbitrum ,Optimism ,Base,and Mantle.

Currently,the platform has accumulated $46 billion in transaction volume with over 200 thousand users; total TVL reached $40 million,a growth exceeding 100% within one month . In addition more than 11 DEXs have developed on the orderly ecosystem accounting for 28% of LayerZero’s total volume consistently ranking among top five at DeFiLlama.Orderly previously raised $20 million in seed round funding from renowned institutions like Pantera Sequoia China Laser Digital Dragonfly Jump etc.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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