Orderly Network expands to the Solana network following the successful deployment of its omnichain vault on the Solana Blockchain, allowing both EVM and non-EVM users trade perps from a shared orderbook

Orderly Network is proud to announce the successful deployment of its omnichain vault on the Solana Blockchain, building on its continued success in rapidly becoming one of the largest liquidity sources for Web3 trading.

Recently achieving a milestone of $83 billion in total trading volume, Orderly Network offers omnichain trading infrastructure with ready-to-use liquidity for builders. Deployed across major chains, including Arbitrum, Base, Mantle, Ethereum Mainnet, OP, and Polygon, Orderly provides traders and DEXs with access to over 50 markets, ensuring robust liquidity on all major chains through a unified trading infrastructure.

With this successful deployment of its omnichain vault, Solana becomes the latest blockchain in Orderly’s pursuit for a truly omnichain DeFi trading experience, dubbed Orderly Unity. This means Solana-based traders can now deposit their assets on Orderly and trade against counterparts on all other Orderly-supported chains from the same orderbook, without their funds ever needing to leave their parent network.

Orderly thus effectively becomes the first trading venue in DeFi to unite onchain perps trading for both EVM and non-EVM users in the same shared orderbook. This is in-line with the protocol’s Orderly Unity charge, its perpetual mission to unify liquidity across all chains.

Speaking on the choice of Solana as the next destination for Orderly’s omnichain expansion, Arjun Arora, COO, Orderly Network, echoed;

"Solana is renowned for its high throughput, low latency, and cost-effective transactions, making it an ideal network for the next phase of Orderly’s omnichain expansion. By deploying our omnichain vault on Solana, we are bringing a seamless perps trading experience to Solana's vibrant ecosystem of traders, builders, and dApps. This expansion marks the first in the space to offer perpetuals to both EVM and non-EVM users within one unified orderbook, supporting our Orderly Unity mission of a truly omnichain DeFi ecosystem.”

Orderly Network’s omnichain architecture leverages 3 primary layers in attaining its superior liquidity and agility DEX-building capabilities.

• The Asset layer – responsible for handling all asset vaults deployed across multiple chains
• The Engine layer – houses a robust matching engine that powers Orderly’s unified orderbook
• The Settlement layer – an L2 rollup where all trades converge and are settled, serving as a single source of truth for all trades on Orderly Network.

In essence, any time a trader executes a trade on any Orderly-powered protocol, the engine layer routes the trade via the orderbook where it is matched, and then relayed to the settlement layer to ensure transparency – all while users keep custody of their funds.

Ran Yi, Co-Founder, Orderly Network, speaking on the successful deployment, said

"Our Orderly Unity mission to consolidate DeFi liquidity across multiple networks continues to gain momentum, and integrating with Solana is a significant milestone in this journey. By deploying our omnichain vault on Solana, we are enhancing the trading experience for users with Solana's high-performance capabilities and we are excited to be expanding our onchain perps liquidity infrastructure to the Solana blockchain."

Orderly envisions a DeFi ecosystem where anyone can trade any asset seamlessly on any venue and aims to usher in the future of omnichain perps trading — a perpetual mission dubbed the Orderly Unity. By deploying asset vaults on multiple chains where all trades are executed and settled on the Orderly Chain, Orderly creates a DeFi ecosystem with cross-netting capabilities and better capital efficiency — positioning itself as the DeFi equivalent of the Chicago Mercantile Exchange (CME).

About Orderly Network

Orderly Network is transforming DeFi with its cutting-edge cloud liquidity infrastructure by unifying cross-chain trading through its Orderly Chain and a single shared orderbook, while enhancing trading efficiency, delivering deeper liquidity, and ensuring tighter spreads. The platform provides seamless access to over 50 markets, empowering developers, traders, and exchanges to engage in limitless trading through a streamlined, cohesive trading ecosystem.

Learn more at orderly.network

For PR enquiries related to this release, please contact pr@orderly.network