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

Kraken Exchange Announces Withdrawal Phase for 13 Assets

Kraken has officially moved into the withdrawal phase for 13 assets, with trading and deposits set to stop on October 23, 2023. Customers are urged to withdraw their remaining tokens before the exchange begins liquidating balances.

user avatarTando Nkube

Cardano's Leios Scaling Plan Unveiled

Cardano has unveiled a detailed roadmap for its Leios scaling plan, targeting significant increases in transaction capacity with a staged approach for adjustments based on real-world performance.

user avatarKofi Adjeman

Cardano's New Scaling Test Reveals Key Performance Metrics

A recent report by Input Output highlights the performance improvements of the Cardano scaling test, focusing on throughput and completion time.

user avatarSatoshi Nakamura

Crypto Market Declines Following Global Selloff

The crypto market faced a significant decline over the weekend, with Bitcoin falling 11%, Ethereum dropping 26%, and Solana decreasing by 28%, following a global market selloff.

user avatarNguyen Van Long

Cardano Developers Launch Public Test Network for Dijkstra Upgrade

Cardano developers have launched a public test network for the Dijkstra upgrade, enabling developers to test and prepare for new protocol rules.

user avatarJesper Sørensen

Tether Introduces New Framework to Enhance Bitcoin Mining Operations

Tether has announced a new initiative aimed at simplifying Bitcoin mining operations by integrating existing equipment through a common software framework.

user avatarRajesh Kumar

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.