Orderly Network Expands to Polygon PoS, Bringing Advanced Perpetuals Trading to Quickswap

New
York,
USA,
May
23rd,
2024,
Chainwire

Orderly
Network
has
partnered
with

Quickswap,
the
leading
DEX
on
all
Polygon
chains,
to
launch

QuickPerps:
Falkor,
a
next-generation
decentralized
Perpetual
Exchange.
This
integration
unlocks
a
new
level
of
functionality
for
DeFi
traders
on
Polygon
PoS,
with
key
benefits
powered
by
Orderly’s
innovative
omnichain
vaults:

• 
  Enhanced
  Liquidity:
  Orderly’s
  robust
  liquidity
  layer
  combines
  with
  Quickswap’s,
  enabling
  leveraged
  trading
  with
  tighter
  spreads
  and
  lower
  slippage.
• 
  Effortless
  Cross-Chain
  Trading:
  Deposit,
  withdraw,
  and
  trade
  assets
  seamlessly
  across
  all
  major
  EVM
  chains
  supported
  by
  Orderly,
  directly
  from
  the
  Falkor
  vault.
  No
  asset
  bridging
  required.
• 
  Zero-Gas
  Leveraged
  Trading:
  Enjoy
  Polygon
  PoS’s
  fast
  network
  and
  low
  fees
  for
  vault
  deposits.
  Leveraged
  trading
  within
  the
  vault
  happens
  entirely
  gas-free
  thanks
  to
  Orderly
  Network.
• 
  CEX-Like
  Experience:
  A
  familiar
  orderbook
  interface
  powered
  by
  Orderly’s
  CLOB
  infrastructure
  simplifies
  trading
  for
  both
  new
  and
  experienced
  users.
• 
  Advanced
  Order
  Controls:
  Manage
  risk
  effectively
  with
  limit
  orders
  –
  all
  available
  within
  the
  user-friendly
  interface.

This
collaboration
positions
Quickswap
to
become
the
go-to
DEX
for
leveraged
trading
on
Polygon
PoS.
By
solving
the
re-org
issues
that
plagued
previous
perpetual
protocols,
Falkor
has
the
potential
to
ignite
a
surge
in
trading
volume
on
the
platform.

Said
Arjun
Arora,
COO
of
Orderly
Network:
“Partnering
with
QuickSwap
aligns
with
Orderly’s
mission
to
empower
DEXs
with
superior
infrastructure
that
enables
them
to
rival
traditional
CEXs
in
functionality
and
performance.
This
integration
is
also
a
testament
to
Orderly
Network’s
versatility,
as
it
enables
an
Automated
Market
Maker
like
QuickSwap
to
widen
their
product
offering
and
offer
perpetual
futures
for
the
first
time
on
Polygon
PoS.” 

Said
Sameep
Singhania,
Core
Contributor
at
QuickSwap:
“Our
partnership
with
Orderly
Network
marks
a
significant
leap
forward
for
QuickSwap
and
the
DragonFi
ecosystem.
By
integrating
Falkor
with
Orderly
Network’s
omnichain
vault
system,
QuickSwap
can
empower
its
users
with
the
best-in-class
leveraged
trading
experience,
complete
with
zero-gas
fees,
deep
liquidity,
and
a
user-friendly
interface.”

Orderly
Network
has
come
a
long
way
in
a
short
amount
of
time.
Since
launching
in
2022,
Orderly
has
already
surpassed
US$38
billion
in
trading
volume,
and
integrated
some
of
the
world’s
highest-caliber
decentralized
exchanges
into
its
novel
permissionless
liquidity
layer.
Backed
by
major
investors
like
Sequoia
China,
Pantera
Capital,
Primitive
Ventures,
Dragonfly
Capital,
Jump
Crypto,
and
GSR
Ventures,
Orderly
has
rapidly
gained
traction
with
DeFi
builders
and
traders
alike.

A
Perfect
Match
for
DeFi
Growth

Polygon
PoS’s
fast
network,
cheap
fees,
and
large
user
base
(over
400k
daily
active
users)
create
the
perfect
environment
for
DeFi
to
thrive.
Orderly’s
robust
infrastructure,
combined
with
Quickswap’s
reach
and
Polygon
PoS’s
scalability,
positions
this
collaboration
as
a
major
step
forward
for
omnichain
trading
and
DeFi
on
Polygon
PoS.

“The
integration
of
Orderly
Network’s
advanced
perpetuals
trading
system
into
Quickswap
marks
a
significant
advancement
in
DeFi
on
Polygon
PoS,”

said
Jack
Melnick,
Head
of
DeFi,
Polygon
Labs.
“This
development,
supported
by
Orderly’s
innovative
omnichain
vaults,
underscores
a
vision
of
fostering
a
scalable,
efficient,
and
user-friendly
DeFi
ecosystem.”

About
Orderly
Network

Orderly
Network
is
a
combination
of
an
orderbook-based
trading
infrastructure
and
a
robust
liquidity
layer
offering
spot
and
perpetual
futures
orderbooks.
Unlike
traditional
platforms,
Orderly
doesn’t
have
a
front
end;
instead,
it
operates
at
the
core
of
the
ecosystem,
providing
essential
services
to
projects
built
on
top
of
it.

Orderly
Network’s
DEX
white-label
solution
is
carefully
crafted
to
save
builders
time
and
capital
while
granting
access
to
our
bootstrapped
liquidity.
Picture
having
the
best
features
of
CEXs
while
keeping
settlements
on-chain
and
maintaining
full
self-custody.

With
Orderly,
anyone
can
create
a
trading
application
thanks
to
our
seamless
plug-and-play
experience
leveraging
our
liquidity
and
composability.

Looking
ahead,
Orderly
Network’s
grand
vision
is
to
create
an
omnichain
protocol,
connecting
traders
from
both
EVM
and
non-EVM
chains
within
the
same
orderbook.

For
more
information,
users
can
visit
Orderly
Network’s:

Official
Website
|

Twitter
|

Telegram
|

Discord
|

Linkedin

Contact

Chief
Vibes
Officer
Drew
Pierson
Orderly
Network
[email protected]