Orderly Network Integrates Avalanche Blockchain to Enhance Cross-Chain Liquidity
Orderly Network, a Web3 liquidity platform, has integrated the Avalanche blockchain into its network to enhance cross-chain liquidity and support traders in the decentralized finance (DeFi) sector.
Orderly Expands to Avalanche Network
This expansion follows Orderly's recent deployment on Sei, an Ethereum Virtual Machine (EVM)-compatible blockchain that combines Solana's speed with Ethereum's scalability. This integration allows for shared order books across EVM-compatible chains such as Arbitrum and Polygon, facilitating a seamless cross-chain trading experience.
The addition of Avalanche enables users to interact fluidly with both EVM and non-EVM users from major blockchains, enhancing liquidity and market access. Blockchain developers will benefit from Orderly's on-chain orderbook and deep liquidity solutions for building futures trading applications and various financial products. Orderly aims to mitigate risks related to cross-chain bridging and wrapped asset movement, allowing developers to focus on user experience through optimized front-end interfaces connected to advanced perps infrastructure.
A Growing Network with Future Prospects
With Avalanche, Orderly now supports seven blockchains: Polygon, Arbitrum, Optimism, Base, Ethereum mainnet, Mantle, and Avalanche. Launched on October 11, 2022, Orderly emerged during the 2021 bull market, attracting interest from traders and developers.
Initially deployed on NEAR Mainnet as a liquidity provider, Orderly offers solutions supporting the development of any decentralized application (dApp). Its omnichain architecture allows for deep liquidity across multiple blockchains. The platform has contributed significantly to DeFi advancements, including the recent introduction of an omnichain vault on the Solana blockchain.
Currently in testnet phase, the "Orderly Unity" vault enables EVM and non-EVM users to trade perpetual futures from a unified order book, with an official release expected later this November. Additionally, Orderly Network launched a bounty program in September 2024, in collaboration with Google Cloud and Empyreal, incentivizing developers to create AI-driven agents for autonomous trading on the platform.