Crypto exchange Kraken has announced the addition of the $ORDER token to its trading offerings, starting from April 25, 2025. This event is expected to enhance the token's liquidity and broaden user access to the Orderly ecosystem.
About the $ORDER Token
The $ORDER token plays a pivotal role in decentralizing Orderly's liquidity layer, supporting the protocol's economic stability while incentivizing liquidity provision. Stakers earn 60% of all fees generated by Orderly.
Impact on Liquidity and Ecosystem
With the addition of the $ORDER token on Kraken, the exchange will become the 35th to list this asset. Orderly has processed over $100 billion in daily trading volume through its permissionless liquidity layer in recent years.
Importance for Traders and Investors
According to Orderly Co-Founder Ran Yi, the listing of $ORDER on Kraken will raise awareness of the decentralized liquidity solution and provide traders with new opportunities for staking and revenue sharing from the protocol.
The listing of the $ORDER token on Kraken highlights the increasing significance of Orderly in DeFi liquidity and opens new avenues for traders and investors in the crypto space.
