Orderly Network has officially launched its omnichain perps orderbook on the Solana mainnet. Notably, this integration enables Solana users to trade perpetual swap markets across over 30 decentralized exchanges (DEXs) and 73 trading pairs, marking a significant advancement in decentralized finance (DeFi) trading.
Accordingly, the deployment represents the first unified perps orderbook that connects Ethereum Virtual Machine (EVM) and non-EVM chains, allowing seamless asset trading across networks. With over $500 billion in combined market capitalization, this super-ecosystem enables traders to leverage their respective chain’s native tokens without requiring bridging, wrapping, or other intermediaries.
“For the first time, Solana users can trade memecoin perpetuals directly with EVM participants across integrated DEXs,” said Ran Yi, co-founder of Orderly Network. “This simplifies trading and ensures deep liquidity across chains while enhancing user experience and trading efficiency. Our goal is to allow anyone to trade anything, anywhere.”
Addressing Perps Liquidity Challenges
While Solana has seen significant spot trading activity, its perps trading volume has lagged due to liquidity constraints. Orderly’s chain-agnostic infrastructure aims to resolve these challenges by integrating Solana into its omnichain orderbook, which connects with major EVM networks such as Arbitrum, Ethereum, and Polygon.
Orderly’s engine routes trades executed on Solana through its orderbook, matching orders and relaying them to the settlement layer. This system ensures high-speed, real-time trading and robust liquidity for participants.
“The mainnet launch of Orderly on Solana bridges the gap between Solana’s on-chain ecosystem and EVM networks. This creates a unified platform for perps trading while empowering developers and traders to build and interact with DeFi applications fueled by deep liquidity,” Yi added.
Key Features of the Integration
- Unified Orderbook: Combines liquidity from Solana and EVM chains, simplifying cross-chain trading.
- Omnichain Accessibility: Supports trading across over 70 markets on chains like Base, Mantle, and Optimism.
- No Bridging Required: Users can directly trade their chain’s native assets without additional steps.
A Milestone for DeFi Trading
Orderly Network’s omnichain solution enables Solana users to access markets that were previously limited to EVM-based ecosystems. This marks a significant step in enhancing the utility of Solana’s trading landscape and broadening DeFi’s accessibility.
Orderly’s infrastructure also supports a growing range of decentralized applications (dApps), providing developers with tools to create financial products for diverse trading levels.
