Orderly and Sonic: Integration to Enhance Liquidity and Trading Opportunities

user avatar

by Giorgi Kostiuk

2 years ago

Web3 liquidity layer Orderly has announced its integration with Sonic, a new EVM Layer 1 platform. This partnership will enable Sonic developers and users to access deep liquidity through Orderly's omnichain orderbook.

Orderly and Sonic: A New Collaboration

Sonic, formerly known as Fantom, launched its mainnet in December 2024, offering 10,000 transactions per second and sub-second finality. Orderly provides its services across various EVM networks and now on Sonic, allowing Sonic projects to create trading solutions without being constrained by native network liquidity.

Technological Advantages of Orderly

Orderly's technology has already been deployed across the omnichain ecosystem and on Solana. With its integration on Sonic, the platform's users can benefit from the deep liquidity provided by the cross-chain orderbook.

Sonic’s high-performance infrastructure aligns perfectly with our vision of creating seamless trading experiences across chains.Orderly Co-Founder Ran Yi

Developer Incentives on Sonic

To incentivize users, Sonic has confirmed a distribution of approximately 200 million S tokens. This initiative will further increase interest in Sonic’s high-throughput network. Coupled with Orderly's capabilities, users can trade with reduced slippage.

The integration of Orderly with Sonic opens new opportunities for developers and platform users, providing access to advanced trading solutions and deep liquidity.

Tier I

Sector: #18291

Sealed Hiding Place Room

Resource Cache

Resource Cache

Tier I

Requires 25% Tier Progress to Claim
Meme Cache

Meme Cache

Tier I

Requires 50% Tier Progress to Claim
Equipment Cache

Equipment Cache

Tier I

Requires 75% Tier Progress to Claim

After collecting, hiding places will be stored in your inventory and can be opened with Keys.

Other news

Other Crypto Funds Experience Significant Withdrawals

Other cryptocurrency ETF categories, including Solana and XRP, recorded significant withdrawals, indicating a broader trend of selling pressure.

user avatarSatoshi Nakamura

MEGA Plans AI Marketplace Launch for December

MEGA is set to launch an AI inference marketplace in December, allowing customers to access services from various AI model providers.

user avatarNguyen Van Long

MEGA Reduces Workforce to Shift Focus to AI Products

MEGA has laid off 20 employees as part of a restructuring to expand into artificial intelligence, moving beyond its blockchain infrastructure.

user avatarKofi Adjeman

Institutional Withdrawals from Crypto ETFs Reach Over $1 Billion

Institutional demand for crypto ETFs has weakened significantly, with US spot Bitcoin ETFs experiencing over $1 billion in withdrawals for the second consecutive week.

user avatarJesper Sørensen

Ethereum Staking Hits Record Levels Despite Price Drop

Ethereum's staking rate has surged to an all-time high of 36.3% of total supply, even as the price of ETH has fallen to around $2,000.

user avatarRajesh Kumar

Jane Street Boosts Bitcoin ETF Holdings Amid Market Changes

Jane Street has significantly increased its stake in major Bitcoin ETFs, particularly in Fidelity's Wise Origin Bitcoin Fund, reflecting strong client demand and trading activity in the Bitcoin market.

user avatarLucas Weissmann

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.