$ORDER is the native token of Orderly Network. It aligns incentives across the ecosystem — rewarding participants who provide liquidity, trade actively, build products, and govern the protocol.Documentation Index
Fetch the complete documentation index at: https://orderly.network/docs/llms.txt
Use this file to discover all available pages before exploring further.
Ecosystem participants
| Role | What they do |
|---|---|
| Market makers | Provide liquidity by placing buy and sell orders in the orderbook. They earn trading profits and liquidity provision rewards paid in $ORDER. |
| Traders | Buy and sell assets on Orderly, contributing to volume and price discovery. |
| $ORDER holders | Stake tokens to earn a share of protocol revenue and participate in governance decisions. |
| Builders | Develop front-end DEXs and other applications on Orderly’s infrastructure. They may receive builder grants based on trading volume, active users, and other metrics. |
Token utility
- Governance — Staked $ORDER grants voting rights over protocol decisions as governance is formalized.
- Earn VALOR — VALOR measures your staking position (amount and duration) and entitles you to a share of the protocol treasury.
- Trading reward boost — Staking $ORDER increases your share of trading rewards.
- Market making reward boost — Staking $ORDER increases your share of market making rewards.
- Future utilities — Additional uses will be introduced with upcoming Orderly products and third-party integrations.