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FAQ
What is Orderly?
What is Orderly?
Orderly is a combination of an orderbook-based trading infrastructure and a robust liquidity layer offering perpetual futures orderbooks. Unlike traditional platforms, Orderly doesn’t have a front end; instead, it operates at the core of the ecosystem, providing essential services to projects built on top of it.Our DEX white-label solution is carefully crafted to save builders time and capital while granting access to our bootstrapped liquidity. Picture having the best features of CEXs while keeping settlements on-chain and maintaining full self-custody.With Orderly, anyone can create a trading application thanks to our seamless plug-and-play experience leveraging our liquidity and composability.Looking ahead, our grand vision is to create an omnichain protocol, connecting traders from both EVM and non-EVM chains within the same orderbook.
How do I get started?
How do I get started?
For traders:
Traders can start using any interface built on Orderly listed on this pageFor Developers and API traders:
What can I do on Orderly?
What can I do on Orderly?
Developers can build a full suite of products:Brokers: Create your own Perps DEX on EVM. Benefit from our professional trading infrastructure and deep liquidity.Perps Aggregators: Unlock the power of shared orderbook and liquidity. Access to all of Orderly’s Perps ecosystem liquidity directly by creating a front-end.Wallets & Custodians: Connect to Orderly and offer your users the best Swap rates for major assets. Build your own Swap widget powered by Orderly and open up our ecosystem to all your users.Trading Desks & Sophisticated Traders Use our API and enjoy a CEX-level trading experience thanks to our low-latency orderbook.Games/dApps: Enhance your in-app experience and token utility with our in-game Swaps using the built-in widget. Keep your users engaged in your app and avoid redirecting them to third parties.Trading Bots: Connect to our orderbook and offer the industry’s best Perps rates. Enjoy SL/limit orders, gasless transactions, and fully customizable fees.Hedging: Safeguard your positions on other exchanges by using our orderbook for effective hedging strategies.
Traders can explore an ecosystem of front-ends built on Orderly. A comprehensive list can be found here.
Traders can explore an ecosystem of front-ends built on Orderly. A comprehensive list can be found here.
How are trading fees calculated/charged?
How are trading fees calculated/charged?
Fees are deducted from the converted token for spot(e.g. converting USDC to ETH will incur fees in ETH) and added to the cost position for perps (denominated in USDC).Each broker sets their own fee rates.
Can I list my token on Orderly?
Can I list my token on Orderly?
Yes! We are always looking to list more tokens on the platforms. Please reach
out to us if you want your token listed.
What are the different order types?
What are the different order types?
MARKET: It matches until the full size is executed. If the size is too large (larger than the
whole book) or the matching price exceeds the price limit (refer to
price_range), then the
remaining quantity will be canceled. IOC (Immediate or Cancel): It matches as much as possible
at the order_price. If not fully executed, then the remaining quantity will be canceled. FOK
(Fill or Kill): If the order can be fully executed at the order_price, then the order gets
fully executed otherwise would be canceled without any execution. POST ONLY: If the order
executes with any maker trades at the time of placement, then it will be canceled without any
execution. REDUCE ONLY: Executes buy or sell orders which only reduce a current positionHow do you ensure no fake orders are settled on-chain?
How do you ensure no fake orders are settled on-chain?
All orders coming into the Orderly off-chain matching engine are signed by users’ private trading keys and are settled on-chain with those signatures. Public keys are stored on the contract and the signatures are verified thus validifying orders.The above model ensures that even in the event operator gets compromised, no fake orders are executed and all user funds are safe.
Are there code examples or tutorials for how to build on Orderly?
Are there code examples or tutorials for how to build on Orderly?
Yes! This documentation includes code examples throughout and you can find full tutorials/sdk with code examples here:EVM SDK