Orderly Network Expands to Polygon PoS, Bringing Advanced Perpetuals Trading to Quickswap

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As a researcher with experience in the DeFi space, I’m excited about this partnership between Orderly Network and Quickswap to launch QuickPerps: Falkor on Polygon PoS. This collaboration brings together Orderly’s innovative omnichain vaults and Quickswap’s leading DEX, unlocking new levels of functionality for traders on Polygon PoS.

New York, USA, May 23rd, 2024, Chainwire

As an analyst, I’m excited to share that I’ve recently learned about the collaboration between Orderly Network and Quickswap. This partnership marks the launch of QuickPerps: Falkor, a cutting-edge decentralized Perpetual Exchange on all Polygon Proof-of-Stake (PoS) chains.

  • Enhanced Liquidity: Orderly’s robust liquidity layer combines with Quickswap’s, enabling leveraged trading with tighter spreads and lower slippage.
  • Effortless Cross-Chain Trading: Deposit, withdraw, and trade assets seamlessly across all major EVM chains supported by Orderly, directly from the Falkor vault. No asset bridging required.
  • Zero-Gas Leveraged Trading: Enjoy Polygon PoS’s fast network and low fees for vault deposits. Leveraged trading within the vault happens entirely gas-free thanks to Orderly Network.
  • CEX-Like Experience: A familiar orderbook interface powered by Orderly’s CLOB infrastructure simplifies trading for both new and experienced users.
  • Advanced Order Controls: Manage risk effectively with limit orders – all available within the user-friendly interface.

As a researcher examining the blockchain landscape, I can’t help but be excited about this collaboration between Quickswap and Falkor. With this partnership, Quickswap is poised to become the preferred decentralized exchange (DEX) for leveraged trading on Polygon Proof-of-Stake (PoS). By effectively addressing the reorganization challenges that have historically hindered perpetual protocols, Falkor brings a fresh perspective and the potential to spark substantial trading activity on Quickswap.

Arjun Arora, COO of Orderly Network, expressed, “Collaborating with QuickSwap complements Orderly’s objective to equip DEXs with advanced infrastructure capable of matching traditional CEXs in features and speed. This union signifies Orderly Network’s adaptability, allowing QuickSwap to expand its offerings and introduce perpetual futures for the initial time on Polygon Proof-of-Stake.”

As a core contributor at QuickSwap, I’m thrilled to announce that our partnership with Orderly Network signifies a major milestone for both QuickSwap and the DragonFi ecosystem. By combining Falkor with Orderly Network’s omnichain vault system, we’re able to offer our users an unparalleled leveraged trading experience. With no gas fees, extensive liquidity, and a seamless interface, QuickSwap is set to revolutionize the way crypto traders approach leverage trading.

In the brief span since its inception in 2022, Orderly Network has made significant strides. The platform has achieved a staggering trading volume of over US$38 billion, and has successfully integrated renowned decentralized exchanges into its innovative permissionless liquidity layer. Boasting support from prominent investors such as Sequoia China, Pantera Capital, Primitive Ventures, Dragonfly Capital, Jump Crypto, and GSR Ventures, Orderly has garnered considerable attention from DeFi developers and traders.

A Perfect Match for DeFi Growth

As a crypto investor, I’m excited about the thriving ecosystem of Decentralized Finance (DeFi) on Polygon Proof-of-Stake (PoS). With its blazing-fast network, affordable fees, and a substantial user base of over 400,000 daily active users, Polygon PoS creates an ideal atmosphere for DeFi projects to flourish.

As a crypto investor excited about the latest developments in DeFi on Polygon PoS, I can’t help but be thrilled about the integration of Orderly Network’s sophisticated perpetuals trading system into Quickswap. This is a major leap forward for us, and it’s all thanks to Orderly’s game-changing omnichain vaults that support this innovation. Together, we’re building a future DeFi ecosystem that is not only scalable and efficient but also user-friendly.

About Orderly Network

Orderly Network is a unique blend of an advanced orderbook trading system and a strong liquidity network, catering to both spot and futures markets. In contrast to conventional platforms, Orderly functions as the backbone of the system, delivering vital services to projects that are developed on top of it.

The White-Label Solution from Orderly Network’s Decentralized Exchange (DEX) is meticulously designed to help builders save both time and resources, whilst granting them access to our pre-established liquidity pool. Visualize the advantage of having top CEX (Centralized Exchange) features, but with on-chain settlements and retaining full self-custody over your assets.

As a researcher exploring the innovative platform of Orderly, I can attest that creating a trading application is now within reach for everyone. This is made possible by Orderly’s user-friendly, plug-and-play design that harnesses the power of our liquidity and composability.

As a researcher studying Orderly Network, I can tell you that our ambitious goal is to develop an omnichain protocol. This means we aim to bring together traders from various blockchain networks, such as those based on Ethereum Virtual Machine (EVM) and those not using EVM, all under the same order book.

As a thorough analyst, I would recommend exploring Orderly Network further by checking out the following channels: Our Official Website holds valuable information about our projects and initiatives. For real-time updates and interactions with the community, join us on Twitter. For more detailed discussions and collaborations, visit our Telegram and Discord groups. Lastly, if you’re looking for professional networking opportunities or keeping up with industry news, connect with us on Linkedin.

Contact

Chief Vibes Officer
Drew Pierson
Orderly Network
pr@orderly.network

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2024-05-23 15:32