In just over two years since its inception, Orderly Network has grown to become one of the most prominent liquidity layers within the Web3 ecosystem. With its mission to provide a unified orderbook across multiple blockchains, the platform has rapidly expanded its network of partners. This ecosystem now includes a diverse range of participants such as centralized and decentralized exchanges, liquidity aggregators, Web3 wallets, brokers, and gaming applications.
The network currently processes over $105 million in daily trading volume and has successfully onboarded more than 436,000 users. While comparisons to major players like Amazon Web Services (AWS) might seem ambitious—given AWS’s staggering $90 billion revenue in 2023—the parallels between the two platforms have become increasingly evident.
Orderly Network has positioned itself as a foundational infrastructure layer for decentralized finance (DeFi), offering a scalable and streamlined solution for developers and traders alike.
Simplifying DeFi Infrastructure and Cross-Chain Liquidity
Much like AWS revolutionized cloud computing by offering scalable, cost-effective infrastructure, Orderly Network has simplified DeFi development with its permissionless liquidity layer. By removing traditional barriers to entry, the platform allows developers to build sophisticated trading systems quickly and efficiently. Through its Software Development Kit (SDK), developers can bring products to market in a matter of weeks, accelerating innovation in the decentralized trading landscape.
Orderly Network extends beyond just providing infrastructure. It supports a vast array of financial use cases, from decentralized exchanges (DEXs) and centralized exchanges (CEXs) to trading bots and brokerage platforms. The concept of “cloud liquidity,” as described by the platform, enables users to trade seamlessly across multiple chains, regardless of location or asset type.
One of the key challenges in DeFi has been the fragmentation of liquidity across blockchains. While interoperable bridges were initially seen as a solution to this issue, they fell short due to poor user experience, security concerns, and limited network or token support.
Orderly Network addresses these challenges with an omnichain architecture. Its intent-based trading model simplifies the complexities of cross-chain transactions. Instead of requiring users to navigate the technical aspects of such trades, the system allows them to express desired outcomes while automated solvers manage the execution. This approach closely resembles AWS’s method of abstracting server management and scaling complexities for its users.
Milestones in Omnichain Integration
Orderly Network’s cross-chain capabilities extend across a wide array of leading blockchain networks, including Ethereum, Arbitrum, Base, Mantle, and Optimism. The platform ensures that liquidity is available precisely when and where it is needed, regardless of the blockchain a user prefers.
The recent launch of Orderly’s omnichain perpetual orderbook on Solana marks a significant breakthrough. For the first time, the platform has combined Ethereum Virtual Machine (EVM) and non-EVM orders into a single perps orderbook. This innovation allows Solana users to trade seamlessly with counterparts on other supported chains, gaining immediate access to over 30 DEXs and 73 trading pairs. This milestone highlights Orderly Network’s ability to unify liquidity and provide an efficient, chain-agnostic trading experience.
Shaping the Future of DeFi Applications
As the DeFi sector continues to evolve, chain-agnostic infrastructure providers like Orderly Network are expected to play an increasingly central role. By solving liquidity fragmentation and simplifying cross-chain trading, platforms such as Orderly are paving the way for a more interconnected and user-friendly Web3 ecosystem.
Over the past two years, Orderly Network has emerged as a key pillar within the Web3 space, drawing comparisons to AWS’s dominance in cloud computing. The platform shows no signs of slowing down, with plans to further decentralize its governance model in the coming year. This initiative will grant $ORDER token holders greater influence over platform decisions, including the rollout of new features and enhancements.
Orderly Network’s rapid expansion and innovative solutions point to a broader shift in DeFi infrastructure. By creating a seamless, scalable, and efficient trading environment, the platform contributes to the mainstream adoption of Web3 technology. Its continued growth sets the stage for a new era in decentralized finance, offering tools that make blockchain technology more accessible and practical for a global audience.
