New York, New York, November 12th, 2024,
Chainwire
Orderly Network, a leading cloud liquidity infrastructure, has
announced its expansion to Avalanche, a high-performance blockchain
platform designed to support dApps and custom blockchain networks.
It addresses limitations found in earlier blockchain systems, such
as slow transaction speeds, centralization, and scalability
challenges.
Known for its efficiency, Avalanche can process more than 4,500
transactions per second and finalize a transaction in under two
seconds. A unique aspect of Avalanche is its consensus mechanism,
which securely validates transactions. Using the proprietary
Avalanche consensus, this system is engineered to be secure, fast,
and energy-efficient, setting a high standard for blockchain
technology.
Orderly Network's cloud liquidity infrastructure enhances
trading efficiency by consolidating all orders into a single,
shared orderbook across multiple chains. This approach creates a
unified liquidity landscape, delivering deeper liquidity and
tighter spreads. The Orderly Chain, constructed on the OP Stack,
incorporates Celestia’s data availability and LayerZero’s
cross-chain messaging protocol, functioning as the settlement layer
and ledger for all transactions.
Orderly's innovative on-chain orderbook and deep liquidity
solutions empower builders to swiftly deploy futures trading
solutions and craft a diverse range of financial products for
traders. By mitigating risks associated with cross-chain bridging
and wrapped asset movement, Orderly enables developers to focus on
optimizing user experience through front-end interfaces connected
to Orderly's advanced perps infrastructure.
Currently, Orderly supports six chains: Polygon, Arbitrum,
Optimism, Base, Ethereum mainnet, and Mantle, with Solana soon to
be available. With this expansion to Avalanche, traders on
Avalanche can now seamlessly interact with EVM and non-EVM traders
from other popular chains, enhancing liquidity and broadening
access to the ecosystem.
This expansion marks a significant milestone for Orderly
Network, underscoring its commitment to broadening access to
liquidity and creating more efficient, secure trading
opportunities. By integrating with Avalanche, Orderly is poised to
connect an even broader community of traders and developers,
fostering innovation and setting new standards for the future of
cross-chain trading.
About Orderly Network
Orderly Network is a cloud liquidity infrastructure designed to
revolutionize web3 trading. Built on omnichain architecture,
Orderly enables deep liquidity for any asset across multiple
blockchains. Focused on a future of DeFi that’s open to all,
Orderly empowers traders and developers alike.
Learn more: https://orderly.network/
Contact
Senior Associate PR &
MKT
Anabela
Rea
pr@orderly.network