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May 23, 2024
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Orderly Network Integrates Elixir to Launch Retail Liquidity Bootstrapping with Orderly Quantum
by Orderly Network
Orderly Network Integrates Elixir to Launch Retail Liquidity Bootstrapping with Orderly Quantum

Orderly Network is proud to announce its integration with Elixir, a modular DPoS network built to power liquidity on orderbook exchanges.

Orderly Quantum Pools is our first user-facing product, which will enable users to deposit liquidity into the Orderly Network orderbook and earn passive yield for building up orderbook liquidity across Orderly’s supported trading pairs.

Benefits include:

  • Deeper liquidity across the board: The integration will enable retail traders to provide liquidity directly to Orderly pairs, acting as an AMM equivalent for orderbooks. This further enriches the Orderly Network liquidity, tightens spreads, and offers depth for larger trades, improving overall trading experiences.
  • More trading pairs: Quantum pools will enable Orderly to list more trading pairs, including top memecoins and other hot assets, allowing Orderly Network to better adapt to market demands swiftly.
  • Robust yield for traders: By listing more pairs, traders can trade more assets on any of the frontends built on Orderly. Traders will be able to access liquidity and trade across all Orderly-supported EVM and non-EVM chains. This means more yield opportunities for traders irrespective of the level of expertise.
  • An edge for brokers: Orderly-powered brokers will now enjoy access to more liquidity across diverse assets and trading pairs, delivering more options to list for their users.

“We’re excited to be working closely with the Orderly team. On top of their existing high-throughput trading experience and unified liquidity, Elixir will boost depth, tighten spreads, and enable a wider range of asset support. We look forward to our continued collaboration with their team and to support the launch of Orderly Quantum” said Philip Forte, Founder of Elixir.

Pioneering trustless retail liquidity provisioning for orderbooks, Elixir's underlying infrastructure plays a prominent role in enabling exchanges and protocols to easily bootstrap liquidity. Traditionally, market-making has been a task reserved for MM companies with vast amounts of resources, quants, and capital. Elixir is changing that with its innovative tech stack, abstracting away the complexities involved in orderbook liquidity, enabling anyone to LP to orderbooks and earn yield.

Wanna give it a go? Start earning now: Orderly Quantum

“The Elixir integration is testament to our continued dedication to inject liquidity into Web3 trading” said Arjun Arora, COO, Orderly Network. We are always looking for strategic partners who share ideals similar to ours and are committed to making DeFi fully permissionless and accessible to all through innovative infrastructures. Elixir fits this role, and we are proud to have integrated with them. Additionally, the upcoming launch of the Orderly Quantum pools will allow for superior flexibility to list more pairs and give the Orderly ecosystem access to their favorite assets”

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