Orderly Network Strengthens Cross-Chain Liquidity with Avalanche Expansion
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/
