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April 29th, 2025 - Major Update

Release Times
Testnet: April 25, 2025 14:00pm (UTC +8)Mainnet: April 29, 2025 14:00pm (UTC +8)
New Feature
Ecosystem Expansion
  • Added Solana staking and trading rewards functionality
  • Implemented global max OI cap per market pair for improved risk management
  • Released public builder leaderboard for increased transparency
Update
Platform Enhancements
  • Strategy Vault optimizations:
    • Improved APY formula and calculation
    • Added 30-day APY metric to vault info
    • Enhanced TVL and PnL data accuracy
    • Added minimum withdrawal amount functionality
    • Implemented PnL maximum drawdown tracking
  • Updated Builder Daily API with additional metrics
  • Enhanced Reduce Only (RO) order logic for improved reliability
  • Added support for automatic generated referral codes
  • Improved announcement API with support for types and update times
  • Added realized PnL tracking to builder daily reporting
  • Enhanced referral API with sorting capabilities

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April 1st, 2025 - Documentation Update

Release Times
Testnet: March 28, 2025 14:00pm (UTC +8)Mainnet: April 1, 2025 14:00pm (UTC +8)
Update
Updates
  • Market maker reward leaderboard
  • Added filtering capability for Broker Admin to view non-default users

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February 25th, 2025 - Major Update

Release Times
Testnet: February 21, 2025 14:00pm (UTC +8)Mainnet: February 25, 2025 14:00pm (UTC +8)
New Feature
New Network Support
  • Added support for Monad testnet
  • Added Ledger support for Solana network
Update
System Enhancements
  • Updated API domain
  • Implemented chain-specific trading volume attribution
  • Updated tiered base fee structure for brokers
  • Upgraded to Pyth Lazer for price feeds

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January 21th, 2025 - Major Update

Release Times
Testnet: January 17, 2025 14:00pm (UTC +8)Mainnet: January 21, 2025 14:00pm (UTC +8)
Update
Updates
  • GET /v1/referral/rebate_summary add a new field traded_referral to track referral trades during the specified date
  • GET v1/public/market_making_rewards/leaderboard support all markets, and add est_score in the response, est_score = final Q score
  • Roadmap page
  • update MM Reward Multiplier
  • minor improvements and fixes

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December 24th, 2024 - Major Update

Release Times
Testnet: December 20, 2024 14:00pm (UTC +8)Mainnet: December 24, 2024 14:00pm (UTC +8)
Update
Updates
  • Morph support
  • Story supported
  • $ORDER OFT and Staking on Avalanche
  • Price source from Hyperliquid
  • new query parameters for liquidation API
  • minor improvements and fixes

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November 26th, 2024 - Major Update

Release Times
Testnet: November 22, 2024 14:00pm (UTC +8)Mainnet: November 26, 2024 14:00pm (UTC +8)
Update
Updates
  • Avalanche support
  • Solana Mainnet supported
  • Reward Switch to esORDER
  • Pyth Integration
  • add pending treasury info to Valor pool info API
  • minor improvements and fixes

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October 29th, 2024 - Major Update

Release Times
Testnet: October 25, 2024 14:00pm (UTC +8)Mainnet: October 29, 2024 14:00pm (UTC +8)
Update
Updates
  • Solana testnet support
  • minor improvements and fixes

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September 24th, 2024 - Major Update

Release Times
Testnet: September 20, 2024 14:00pm (UTC +8)Mainnet: September 24, 2024 14:00pm (UTC +8)
Update
Updates
  • Funding rate history comparison API
  • Position History API
  • Fund transfer between accounts
  • unsettled PnL now considered in withdrawal checks

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August 27th, 2024 - Major Update

Release Times
Testnet: August 23, 2024 14:00pm (UTC +8)Mainnet: August 27, 2024 14:00pm (UTC +8)
Update
Updates
  • The $ORDER token has been released. Please check the $ORDER token overview
  • Trading rewards APIs
  • Market making rewards APIs
  • Staking & VALOR APIs
  • Minor bugfixes and improvements

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July 30th, 2024 - Minor Update

Release Times
Testnet: July 26, 2024 14:00pm (UTC +8)Mainnet: July 30, 2024 14:00pm (UTC +8)
Update
Updates
  • New endpoint /v1/public/futures_market to get market volume filtered by builder
  • New endpoint /v1/public/balance/stats to get TVL (total balance & unsettled PnL) by builder
  • New endpoint /v1/public/campaign/check to verify that given address meets certain constraints in specific campaign
  • Minor bugfixes and improvements

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June 25th, 2024 - Minor Update

Release Times
Testnet: June 21, 2024 14:00pm (UTC +8)Mainnet: June 25, 2024 14:00pm (UTC +8)
Update
Updates
  • Adding optional level parameter to /v1/order POST body, which allows to use the price of bid0 to bid4 or ask0 to ask4
  • Adding optional post_only_adjust parameter to /v1/order POST body. Default value is false. If it is set to true, then it will adjust price to 1 tick close to current best price. Only supported for POST_ONLY type orders
  • New endpoint /v1/get_broker to fetch all brokers where given address has been registered
  • Performance improvements

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May 28th, 2024 - Minor Update

Release Times
Testnet: May 24, 2024 14:00pm (UTC +8)Mainnet: May 28, 2024 14:00pm (UTC +8)
New Feature
Expanding to MantleThe multichain expansion is progressing, and we are excited to announce our launch on Mantle, along with the introduction of support for USDC.e on the Mantle network.
Update
Updates
  • New WebSocket topic for maintenance status
  • Adding optional “order_tag” param to /v1/public/campaign/user API
  • Adding optional sorting params to /v1/volume/broker/daily endpoint
  • Remove fee in the response in referral APIs
  • Add sort parameter to GET referee endpoint
  • Performance improvements

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April 16, 2024 - Minor Update

New Feature
New bracket order supportWe’re pleased to introduce bracket orders to Orderly, a feature designed to enhance your trading strategy by automatically setting stop loss and take profit orders alongside your primary trade. This functionality allows you to better manage risk and lock in profits without constant market monitoring.
New Feature
Traders can now see realized PnLAll order APIs now return realized PnL per position for orders closing or reducing open positions.
Update
Updated endpointsTwo new websocket topics {broker_id}${symbol}@ticker and {broker_id}$tickers to query each broker’s voulme per market.Two new endpoints for verifying and checking referral codes.

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March 12, 2024 - Minor Update

New Feature
Brokers are now chain specificGiven Orderly’s growth of supported chains, we understand some projects choose to only focus on certain chains, thus brokers can now choose which chain they want to operate on.Supported brokers for each chain can be retrieved through GET /v1/public/chain_info
Update
Automating rebates for trades with order tagsWe’ve heard your feedback! The rebates for trades with specific order_tag can now be automated by using our refferal system. Create a refferal code and use that refferal code in order_tag when submitting orders.
New Feature
Introducing max slippage for market ordersWe are excited to announce a new feature to our trading platform: the Max Slippage Setting for Market Orders. This functionality allows traders to set a maximum slippage for their market orders, giving unprecedented control over order execution relative to the market’s mid-price.For buy market orders, this means your order will be fully or partially filled at price levels greater than the order book’s mid-price adjusted by your specified slippage. Conversely, sell market orders will be executed at price levels less than the mid-price, also adjusted by your chosen slippage. This ensures that your orders are executed within your comfort zone of market price movement, enhancing predictability and control over your trading outcomes.For example, if the mid-price for MATIC is $1 and you place a buy market order with a 0.02% slippage, only portions of the order that meet the slippage criteria will be executed, with any remaining quantity being canceled. This precision ensures that you achieve the best possible price, according to your specified tolerance for slippage.
Update
Updated endpointsOrders with an order_tag can now be retrieved via GET /v1/orders & GET /v1/algo/orders APIs with the new order_tag parameter.Enhancements to GET /v1/referral/info API, adding the following data in response:
  • For referrers:
    • 1d_referrer_rebate
    • 7d_referrer_rebate
    • 30d_referrer_rebate
    • total_referrer_rebate
  • For referees:
    • 1d_referee_rebate
    • 7d_referee_rebate
    • 30d_referee_rebate
    • total_referee_rebate
Adding volume and fees of all referrees for the refferal code in response for GET /v1/referral/rebate_summaryAdding maker and taker volume breakdown in GET /v1/volume/broker/daily APIBrokers can now retrieve total fees collected under the criteria (given broker_id, aggregate logic, order_tag filter, and etc.) + broker rebate viaGET /v1/volume/broker/daily APINew query parameters in GET /v1/referral/admin_info API:
  • New query parameter user_address, to filter all codes of the matching user_address only (should only match 1 account since the broker_id has to match the broker admin one)
  • New query parameter account_id, to filter all codes of the matching account_id only
  • NOTE: Only user_address or account_id can be provided
Ability to change the referral code’s rebate split via POST /v1/referral/edit_splitAdditional response fields in GET /v1/referral/admin_info API:
  • total_referrer_rebate = Lifetime total referrer rebate on this code
  • total_referee_rebate = Lifetime total referee rebate on this code
Additional responses in GET /v1/public/campaign/ranking and GET /v1/public/campaign/user APIs:
  • total_deposit_amount
  • total_withdrawal_amount
  • start_account_value
  • end_account_value (which is current_account_value)
Increased update frequency of GET /v1/volume/broker/daily API to hourly from dailyAdded address in the response for GET /v1/volume/broker/daily

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February 5, 2024 - Major Update

New Feature
Introducing the new referral systemWe’ve heard your feedback and delivered! The long-awaited Orderly Referral System is finally here, marking a significant milestone in enhancing our platform. Tailored to enrich our community, this system introduces an exciting way for our existing users to connect with new users, strengthening our network through shared rewards.At the core of this initiative is a straightforward yet rewarding referral mechanism. Users can easily generate a personalized referral code and share it with potential new members.All endpoints for the referral system can be found under the “Referral Program” section.To learn more about how the Orderly Referral System works, refer to this article.
Update
Introducing the new fee structureWe’re thrilled to unveil the latest enhancement to our services: the Custom Trading Fee System. This innovative feature introduces a suite of flexible fee-setting options, allowing brokers to tailor fee structures to their unique user bases more effectively than ever before. By departing from the limitations of Orderly’s standard fees, brokers now have the freedom to set fees that align perfectly with their strategies and customer profiles.We believe that this new feature will significantly enhance the developer experience on our platform, offering both improved user satisfaction and a competitive edge in the dynamic trading landscape.All fee rate settig endpoints are under the “Fee Setting” section.The fee tiers are now deprecated from /v1/public/fee_futures/program, /v1/broker/user_info and account websocket.New volume-based fee rate setting tool can be found on our GitHub.To learn more about how the new fee structure works, refer to this article.
Update
Adding New Order Types: Take Profit/Stop LossTraders can now use more order types: stop loss/take profit and positional stop loss/take.Features include:1. Three Trigger Price Options: Initially available with the Mark Price, with future expansions to include Last Price and Index Price.2. Auto-Cancellation of TP/SL Orders: Take Profit (TP) and Stop Loss (SL) orders will be automatically canceled if the position is closed, ensuring more precise trade management.3. Two Types of TP/SL Management:- Full/Entire Position TP/SL: Apply TP/SL to the entire position with a limit of one maximum TP/SL per position.- Partial Position TP/SL: Offers the flexibility to define the amount of the position to be closed, with a maximum of 10 partial TP and 10 partial SL orders on each side.This update empowers traders to implement more dynamic and sophisticated trading strategies with enhanced risk management features. As always, we are committed to improving and expanding the capabilities of the Orderly to meet the evolving needs of our users.All “algo order” endpoints are ammended to add the new order types.
New Feature
Introducing Smart Contract trading supportWe are excited to announce the launch of the “Delegate Signer” feature in the Orderly, a new feature enabling Smart Contracts to trade.It allows Smart Contracts to assign an Externally Owned Account (EOA) to sign trades on their behalf using the EIP-712 signature. This solves the issue of Smart Contracts’ inability to sign for trades, broadening trading capabilities on the Orderly platform.New EIP712 signature types for Delegate Signer functions can be found here.New Delegate Signer function on-chain. Docs can be found here.New Delegate Signer APIs under “Delegate Signer” section.Full write-up of how Delegate Signer functionality works can be found in this article.

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January 4, 2024 - Major Update

New Feature
Introducing the new order typesAdded create algo order(GET /v1/algo/order), edit algo order(PUT /v1/algo/order), cancel algo order(DELETE /v1/algo/order) and get algo order APIs(GET /v1/algo/order).Only STOP orders are supported for now.
Update
Changes to deposit withdrawal flowDeposits and Withdrawals now require a fee to cover cross-chain message cost to/from Orderly Ledger contract.Added withdraw_fee to each tokens in get token info(GET /v1/public/token) APIAdded allowCrossChainWithdrawal parameter to create withdraw request(POST /v1/withdraw_request) APIAdded PENDING_REBALANCE status for withdrawal request(POST /v1/withdraw_request) in REST and WSS
New Feature
Introducing new endpoints to retrive user dataAdded get account details (GET /v1/public/account) APIAdded get user statistics (GET /v1/client/statistics/daily) APIAdded get user fee tier(GET /v1/broker/user_info) API
Update
Introducing new liquidation modelAdded liquidation_tier parameter for each symbolAdded symbols array and high/low risk perps in claim liquidated positions(POST /v1/liquidation) API

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October 13, 2023 - Major Update

Update
Updates to APIsAdded get vault chain info APIAdded tag parameter for adding Orderly KeyChanged symbol in get user info API from e.g BTC to PERP_BTC_USDC

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September 21, 2023 - Minor Update

Update
Updates to APIsAdded Claim from insurance fund endpointAdded max_notional parameter to Get Insurance Fund Info and Get Account Information endpoints’ responseAdded futures_tier parameter to Get Account Information endpoint

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August 10, 2023 - Minor Update

Update
Updates to APIsAdded Get PnL Settlement History APIAdded Liquidations on Account Websocket APIAdded reduce-only type of orderAdded limit_price parameter to Claim Liquidated Positions APIUpdated /insurancefund endpoint to /insurance_fundUpdated symbol parameter of Get Liquidated Positions of Account API to not required