Orderly Network: Weekly Recap (May 20–26, 2024)
This week has been full of exciting developments for Orderly Network, with key partnerships, major integrations, and successful campaigns. Here’s an overview of the highlights:
Integration with CoolWallet and Quick Perps
Orderly Network announced its partnership with CoolWallet, a Bluetooth hardware wallet that will enable over 300,000 CoolWallet users to trade Orderly’s perps directly. Additionally, the integration of Quick Perps, a decentralized perpetual exchange on Polygon PoS, offers traders advanced features such as leverage trading up to 20x and instant transactions with zero gas fees. Integrated Elixir, a modular DPoS network, to launch Orderly Quantum Pools. This user-facing product enables users to deposit liquidity into the Orderly Network orderbook and earn passive yield, contributing to the liquidity of Orderly’s supported trading pairs.
Other Notable Updates
- VOOI integrated automated trading through Alertatron, offering users the ability to receive signals and automate orders.
- Orderly Network hit a $1.17 billion trading volume in 24 hours, highlighting its rapid growth and increasing demand.
- IBX achieved $500 million in total transactions in just one month, with expansion plans on the horizon.
- LogX integrated with the Base network, allowing traders to trade futures contracts via LogX Pro.
- Orderly Network surpassed $40 billion in total trading volume, confirming its position as a market leader.
- WOOFi Pro surpassed a $500 million transaction volume in 24 hours, demonstrating its growing popularity among traders.
- The end of Epoch 7 of the Orderly Network campaign was marked by the participation of 48,435 traders and the addition of 487 new members.
Campaigns and Announcements
- EMDX and Orderly Network launched a Galxe campaign, offering a prize pool of 3500 USDC, 35,000 $EMDX, trading fee shares, and an NFT.
- QuickPerps in partnership with Orderly Network also launched a Galxe campaign, encouraging traders to make transactions over $500 for a chance to win a share of the $10,000 prize pool.
New Listings
Orderly Network listed $MEW and $BOME in futures, offering 10X leverage on DEXs powered by Orderly.
This weekly recap demonstrates the continued growth and innovation of Orderly Network in the decentralized finance space, offering traders and users unique opportunities and advanced features to maximize their profits and trading experience. Stay tuned for more exciting updates from Orderly Network!
To stay updated with the latest news and developments from Orderly Network, follow @orderlyinsights on Twitter!
