💸 Trading Infrastructure for Web3

Today's Highlights

  • Orderly Network - making efficient trading infrastructure
  • Blockchain jobs - a listing of fresh jobs related to web3/blockchain/crypto.
  • In Other News - a few interesting developments we're tracking.

Orderly Network - making efficient trading infrastructure

Orderly Network is a permissionless, decentralized exchange protocol and modular ecosystem built on top of NEAR. Orderly Network uses an on-chain order book to provide a platform complete with a risk engine, matching engine, and shared asset pools for dApps to build on top of. Orderly Network’s on-chain order book exchange is built for composability, providing a platform for modular dApps to build and utilize, enabling financial instruments such as: spot trading, margin trading, perpetual swaps, lending, and borrowing.

Orderly Network is incubated by NEAR and WOO Network. With WOO DEX launching the first dAPP as the user interface of the Orderly Network trading platform, users will be able to enjoy permissionless, low-fee trading while having access to ample liquidity options at all times. Leading market maker Kronos Research will support the bootstrapping of initial liquidity, providing a customizable, professional-grade trading experience from day one.

With a mission to create the most robust liquidity layer infrastructure for any dApp to utilize and build on, Orderly Network offers permissionless spot and futures order book trading infrastructure with CeFi-level execution. Professional market-makers, including Kronos Research, will be able to ensure ample liquidity for the network at all times — an immediate access to deep liquidity at launch. By building off NEAR, Orderly Network is tapping into one of the fastest, most scalable, and user-friendly layer one blockchains in the space.

For traders, Orderly Network will be integrated with bridges that enable smooth deposits/withdrawals from any layer one blockchain. Through a combination of order book efficiency and on-chain settlement, Orderly will offer market-leading execution with low latency and minimal fees.

Ran Yi and Terence Ng are the co-founders of Orderly Network. They have raised a total of $20M in funding.


💡 Blockchain Jobs

Parcl
Two Lions
Decentralized Masters
CoinClan OU

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