Combining the speed of CEX with the decentralization of DeFi, how can Orderly Network become the next generation trading infrastructure?

Written by Paul Veradittakit, Partner at Pantera Capital Translated by: Golden Finance xiaozou1, Background Centralized exchanges (CEX) such as Coinbase, Binance and Kraken have thrived as the first choice for cryptocurrency traders, writing much of the history of our industry . Users are attracted to these products primarily because of their strong liquidity and compelling user experience (UX)—which are well-known major pain points for decentralized exchange (DEX) applications. But what if there was a trading venue that combined the speed and liquidity of CEX with the transparency, sovereignty and settlement of decentralized finance (DeFi)? This is the core philosophy of Orderly Network. Orderly Network is solving the legacy issues of early DeFi applications by building a trading infrastructure that aggregates liquidity. Orderly creates an efficient and reliable trading ecosystem with better price discovery, lower slippage, deeper liquidity, and execution speeds comparable to CEX, while maintaining the benefits of DeFi. 2. Introduction Orderly is an L2 solution that provides: Order book-based trading: Similar to CEX, Orderly uses order books to match buyers and sellers to ensure smooth and efficient transactions. Full-chain liquidity: Orderly aggregates liquidity from various blockchains, providing a wider asset pool and tighter spreads. High-speed execution: Orderly prioritizes fast trade execution, minimizing latency and friction. Orderly uses a unified order book; users trade on different chains but in the same order book, which eliminates the need for bridging.

Orderly plays a key role in improving the overall efficiency and reliability of DeFi trading, quickly becoming the primary source of liquidity for permissionless Web3 trading.

3. Main achievements and impact

Orderly Network has had a major impact in the DeFi field:

• Total transaction volume exceeds 50 billion US dollars
• Integrated six major blockchains (including Arbitrum, Optimism, Polygon, Base)
• Total value locked (TVL) over $56 million
• Over 215,000 unique address wallet user base

4. The future of DeFi trading

With innovative infrastructure and strong partnerships, Orderly Network is poised to be the future of DeFi trading main players.

The following points make it stand out from its competitors:

• Cross-chain capabilities: Supports seamless transactions across different blockchains.
• Orderly on-chain settlement: All transactions are settled on a dedicated blockchain, ensuring transparency and finality.
• Support DeFi projects: Provide institutional-grade liquidity for DeFi projects for spot trading and perpetual contract trading.

The cooperative ecosystem includes WOOFi, LayerZero, NEAR, Optimism, Arbitrum, Base, Elixir, Polygon, etc.

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