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Jun 21, 2024
Announcements
Sable Finance Introduces Decentralized Perps in Partnership with Orderly Network
by Orderly Network
Sable Finance Introduces Decentralized Perps in Partnership with Orderly Network

Sable Finance, the pioneering decentralized stablecoin protocol backed by liquid staking derivatives (LSD), is proud to announce the launch of Sable Perpetuals (decentralized perpetual exchange or perps) through a strategic partnership with Orderly Network.

Sable Finance, renowned for its unwavering commitment to decentralization, has built its foundation on principles derived from the Liquidity protocol, and through incorporating key revisions to enhance its functionality. This innovation has led to the creation of the first LSD-centric multichain stablecoin, offering unparalleled autonomy and immutability.

Now, Sable Finance is introducing perps trading to its users to deliver;

  • An Integrated omnichain perps trading with up to 50x leverage
  • Deeper liquidity across major chains including Arbitrum, OP, Mantle, Base, and Ethereum Mainnet
  • Simplified CEX-like trading experience via an orderbook

The introduction of decentralized perps through Orderly Network signifies a major milestone for Sable Finance. This partnership enables Sable to provide its community with robust, decentralized trading solutions, aligning with its core ethos of decentralization.

“Partnering with Orderly, Sable is able to re-invent the stablecoin mechanism and design, making it sustainable and scalable. Excited for Sable to be working with the Orderly team, pushing DeFi to new heights” - Alex Lee, Founder, Wombat Exchange & Core Contributor, Sable Finance

Orderly Network is excited to collaborate with Sable Finance, bringing our advanced trading capabilities to their innovative platform. This integration is set to enhance the trading experience for users, reinforcing our shared vision of a decentralized financial future.

“With Sable Finance’s knack for pushing the boundaries of DeFi by pioneering innovative solutions, integrating a sophisticated yet robust perp trading infrastructure isn’t a far-fetched step in its evolution," said Arjun Arora, COO of Orderly Network. We are happy to be a part of Sable’s journey, and are bullish that our perp trading infrastructure will offer an unparalleled trading experience for traders on Sable.”

Trading is live now; https://trade.sable.finance/

For more information, please contact:

pr@orderly.network

About Sable Finance

Sable Finance is a decentralized stablecoin protocol focused on liquid staking derivatives (LSD). Committed to decentralization, Sable Finance offers a stablecoin solution with unmatched autonomy and immutability, derived from the foundational ideas of Liquity Protocol. Furthermore, Sable Perpetuals, powered by Orderly, are here to bring a new paradigm to sustainable stablecoin.

About Orderly Network

Orderly Network is a cutting-edge trading platform offering a range of financial instruments, including decentralized perpetual contracts. Our mission is to provide a robust and seamless trading experience for our users, leveraging advanced technology and strategic partnerships.

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