Pantera Capitals Orderly Network Addresses Market Challenges with LiquidityAggregating Trading Infrastructure

Background
In the history of our industry, centralized exchanges (CEXs) like Coinbase, Binance, and Kraken have always been the preferred choice for cryptocurrency traders. Users are primarily drawn to these products because of their strong liquidity and attractive user experience (UX), which are well-known pain points for traditional decentralized exchanges (DEXs) applications.
But what if there was a trading venue that combined the speed and liquidity of CEXs with the transparency, asset autonomy, and settlement of decentralized finance (DeFi)?
That is the core idea behind Orderly Network.
Orderly Network addresses the historical shortcomings of early DeFi applications and market trading challenges by building a liquidity-aggregating trading infrastructure. Orderly creates an efficient and powerful trading ecosystem with better price discovery, lower slippage, deeper liquidity, and execution speed comparable to CEXs while maintaining the advantages of DeFi.
Introduction
Orderly is a Layer 2 (L2) solution that offers:
Order book-based trading: Similar to CEXs, Orderly uses an order book to match buyers and sellers, ensuring smooth and efficient transactions.
Cross-chain liquidity: Orderly aggregates liquidity from various blockchains, providing a wider asset pool and tighter spreads.
High-speed execution: Orderly prioritizes fast trade execution, minimizing transaction latency and failures.
Orderly utilizes a unified order book, allowing users to trade on different chains but within the same order book, eliminating the need for bridge connections.
Orderly plays a crucial role in improving the overall efficiency and robustness of the DeFi trading environment and has quickly become one of the largest liquidity sources for permissionless Web3 transactions.
Key Achievements and Impact
Orderly Network has made significant waves in the DeFi space, including:
Over $500 billion in total trading volume.
Integration with six major blockchain networks (Arbitrum, Optimism, Polygon, Base, etc.).
Over $56 million in total value locked (TVL).
A user base of over 215,000 independent wallets.
The Future of DeFi Trading
With its innovative infrastructure and strong partnerships, Orderly Network is poised to become a major player in the future of DeFi trading.
What sets them apart from existing competitors is:
Cross-chain capability: Orderly facilitates seamless transactions between different blockchains, maximizing user choices.
On-chain settlement: All transactions settle on a secure and dedicated blockchain, ensuring transparency and finality.
Support for DeFi projects: Orderly provides institutional-grade liquidity for DeFi projects, catering to spot and perpetual trading.
Their partner ecosystem includes WOOFi, LayerZero, Optimism, Arbitrum, Base, Elixir, Polygon, and more.