New York, New York, January 9, 2025, Pakinomist
Leading DEX Raydium has integrated with Orderly Network to introduce perpetual futures trading, powered by Orderly’s omnichain order book. The integration marks a milestone as Raydium becomes the first DEX within the Solana ecosystem to utilize Orderly’s advanced perps liquidity solution.
With 8.4 million active users, including over 600,000 daily active traders, Raydium is a dominant force in Solana spot trading. The introduction of Orderly-powered perpetuals will expand the range of trading options available on Raydium by ensuring access to leveraged futures trading characterized by deep liquidity.
The integration with Raydium Protocol was made possible by Orderly Network’s deployment of its omnichain order book on Solana in December. Its mainnet launch has enabled Solana protocols to draw liquidity from more than 30 DEXs and 73 perpetual contracts leveraging Orderly’s advanced omnichain infrastructure.
Orderly Network co-founder Ran Yi said: “Raydium’s integration with Orderly Network is a game-changer for Solana’s DeFi ecosystem. Combining Raydium’s best-in-class user interface and battle-tested protocol with Orderly’s omnichain liquidity infrastructure will enable deeper liquidity and more dynamic trading opportunities. This collaboration is a significant step forward in bringing advanced perpetual trading solutions to the Solana blockchain and creating new markets for traders.”
Raydium’s launch of perpetual futures markets using Orderly’s technology will enhance trading opportunities on Solana and expand its range of DeFi primitives. Despite dominating spot trading, Solana has lagged behind EVM networks when it comes to perps due to lack of liquidity and optimized infrastructure.
Orderly Network’s cloud liquidity infrastructure addresses this gap by consolidating all orders into a single shared order book that spans multiple blockchains. This unified liquidity pool helps improve trading efficiency, provide deeper liquidity and provide tighter spreads, overcoming the limitations that have previously hampered perps trading on Solana.
The integration of Raydium with the Orderly Network signals a new chapter in the evolution of Solana’s DeFi landscape, opening the door to more dynamic and liquid markets for traders.
Find supporting images here
About Orderly Network
Orderly Network is a permissionless liquidity layer for Web3 trading. Built on omnichain infrastructure, Orderly enables deep liquidity for any asset across multiple blockchains. With a focus on a DeFi future open to all, Orderly allows developers to fluidly create a comprehensive range of financial products for every level of trader, without the risk of packaged asset movement through cross-chain bridging.
Get more information: orderly.network
About Raydium
Raydium is a leading decentralized exchange and automated market maker (AMM) built on the Solana blockchain. Combining superior UX with secure architecture, Raydium offers deep liquidity and a range of DeFi tools including spot trading, dividend breeding and liquidity pools. With over 8.4 million active users and a strong focus on innovation, Raydium is driving the development of decentralized finance at Solana.
Get more information:
