Derivatives
OP Mainnet
Summary:
Orderly Network sets itself apart with its innovative orderbook-based trading infrastructure and a comprehensive liquidity layer, catering to both spot and perpetual futures markets without a conventional frontend. This design choice positions Orderly as a foundational component for other projects to build upon, enhancing the ecosystem's functionality. Currently, Orderly does not utilize its own token but hints at future engagement through Galaxe quests, suggesting potential token airdrops as a method to reward and incentivize user participation. Despite lacking a formal governance structure, with all decisions made by the core team, Orderly has successfully secured $20 million in strategic funding from leading investors like Pantera Capital and Sequoia China, among others, underscoring its significant promise and support within the DeFi community.
Value Proposition:
Orderly Network is a combination of an order book-based trading infrastructure and a robust liquidity layer offering spot and perpetual futures orderbooks. Unlike traditional platforms, Orderly doesn’t have a front end; instead, it operates at the core of the ecosystem, providing essential services to projects built on top of it.
Governance:
Currently, Orderly Network does not have a formal governance structure in place. All decisions regarding the protocol are made by the core team
Tokenomics:
Orderly does not have a live token at the moment. However, it's engaging users through Galaxe quests. This approach hints at the possibility of Orderly airdropping a token to participants of these Galaxe quests in the future.
Previous Funding:
The platform raised $20 million in a strategic funding round. This financial support came from a variety of notable investors, including Pantera Capital, Dragonfly Capital, Sequoia China, Jump Crypto, Alameda Research, GSR Ventures, and MetaWeb.VC, among others​.