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OKX Ventures and Leading Ventures Invest $5M+ in Orderly Network for Enhancing DeFi Liquidity

Aug 15, 2024•almost 2 years ago

Contract Type

partnership

NassauBlockchainCryptocurrency

Description

Orderly Network received an investment of over $5 million from several strategic investors, including OKX Ventures, to revolutionize Web3 trading through seamless, unchained liquidity infrastructure. In addition to the $20 million secured during its seed round, it recently received an additional $5 million from OKX Ventures and other investors.

Company Information

Company

Orderly Network

Location

Nassau, New Providence, Bahamas

About

Orderly Network is a permissionless, decentralized exchange protocol and modular ecosystem built on top of NEAR. It uses an on-chain orderbook to provide a platform complete with a risk engine, matching engine, and shared asset pools for dApps to build on top of. dApps built on the Orderly Network will allow for financial instruments such as; Spot Trading, Margin Trading, Perpetual Swaps and Lending & Borrowing. While a fully independent team operates at Orderly Network, we are also incubated by NEAR and WOO Network - Industry heavyweights in their respective fields. With the help from both incubators, Orderly Network will offer market-leading execution, combined with low latency and minimal fees. This will be paired with a combination of orderbook efficiency, alongside on-chain settlement. Applications building with on Orderly Network will be able to benefit from our advanced whitelabel solutions while having access to instant deep and aggregated liquidity. This will allow build teams to save time on their build, while eliminating any liquidity concerns once live.

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