Chainwire, New York, USA, May 23, 2024
An orderly network affiliated with quick swapAll Polygon Chain major DEXes will be released. Quickpurps: Falkor, The next generation decentralized perpetual exchange. This integration unlocks a new level of functionality for DeFi traders on Polygon PoS, with the key benefits coming from Orderly's innovative Omnichain Vault.
- Enhanced liquidity: Orderly's robust liquidity layer combines with Quickswap's liquidity layer to enable leveraged trading with tighter spreads and lower slippage.
- Effortless cross-chain trading: Seamlessly deposit, withdraw, and trade assets directly from your Falkor vault across all major EVM chains supported by Orderly. No asset bridging required.
- Zero Gas Leverage Trading: Enjoy Polygon PoS's high-speed network and low-cost safe deposits. Thanks to the Orderly Network, leveraged trading inside the vault is completely gas-free.
- CEX-Like Experience: A familiar order book interface powered by Orderly's CLOB infrastructure simplifies trading for both new and experienced users.
- Advanced order management: Manage risk effectively with limit orders, all within an easy-to-use interface.
This partnership will make Quickswap the go-to DEX for leveraged trading on Polygon PoS. By solving the reorganization issues that plagued previous persistent protocols, Falkor could cause a surge in trading volumes on the platform.
Arjun Arora, COO of Orderly Network, said: “Partnering with QuickSwap aligns with Orderly's mission to power DEXs with superior infrastructure and enable them to rival traditional CEXs in functionality and performance. This integration is a testament to the versatility of the Orderly Network. “This will enable automated market makers like QuickSwap to expand their product offerings and offer perpetual futures for the first time on Polygon PoS.”
Sameep Singhania, Core Contributor at QuickSwap said: “Our partnership with Orderly Network marks a major step forward for QuickSwap and the DragonFi ecosystem. By integrating Falkor with Orderly Network's Omnichain Vault system, QuickSwap will be able to offer its users a best-in-class leveraged trading experience with zero gas fees, deep liquidity, and an easy-to-use interface.”
Orderly Network has come a long way in a short period of time. Since its founding in 2022, Orderly has already generated over USD 38 billion in trading volume, integrating some of the world's best decentralized exchanges into a new permissionless liquidity layer. Backed by major investors such as Sequoia China, Pantera Capital, Primitive Ventures, Dragonfly Capital, Jump Crypto, and GSR Ventures, Orderly is rapidly gaining traction among his DeFi builders and traders.
Perfect for DeFi growth
Polygon PoS's fast network, low fees, and large user base (400,000+ daily active users) create the perfect environment for DeFi to thrive. Combining Orderly's robust infrastructure with Quickswap's reach and Polygon PoS's scalability, this collaboration marks a major step forward for omnichain trading and DeFi on Polygon PoS.
“Integrating Orderly Network’s advanced perpetual trading system into Quickswap represents a major advancement in DeFi for Polygon PoS.” Jack Melnick, Head of DeFi at Polygon Labs, said: “This development is supported by Orderly’s innovative Omnichain Vault and underscores our vision to foster a scalable, efficient, and user-friendly DeFi ecosystem.”
About Orderly Network
Orderly Network combines an order book-based trading infrastructure with a robust liquidity layer offering spot and perpetual futures order books. Unlike traditional platforms, Orderly does not have a front end. Instead, it operates at the core of the ecosystem and provides essential services to the projects built on top of it.
Orderly Network's DEX white label solution has been carefully crafted to allow access to bootstrapped liquidity while saving builders time and capital. Imagine having the best features of a CEX, but keeping settlement on-chain and remaining completely self-custodian.
Orderly allows anyone to create trading applications with a seamless plug-and-play experience that leverages liquidity and configurability.
Looking ahead, Orderly Network's grand vision is to create an omnichain protocol that connects traders on both EVM and non-EVM chains within the same order book.
For more information, visit the Orderly Network at: Official Website | twitter | telegram | discord | LinkedIn
contact
Chief Vibes Officer
Drew Pearson
An orderly network
pr@orderly.network
Source: www.the-blockchain.com
