In this post:
- Orderly announced its latest integration with Monad to deliver omnichain liquidity to decentralized exchanges.
- The partnership will ensure that projects building within the Monad ecosystem, including DEXs, can access deep liquidity on demand.
- Orderly previously integrated Monad to supercharge onchain perps trading infrastructure for builders and users on the Monad blockchain.
Orderly, a permissionless liquidity layer, announced its integration with the EVM Layer 1 blockchain Monad to unlock DEX liquidity. Projects building within the Monad network, including decentralized exchanges, will gain access to deep on-demand liquidity.
Orderly’s January 19th press release revealed that developers on Monad will leverage SDK and tap into a single order book that will unify cross-chain liquidity. According to the permissionless liquidity layer’s statement, its architecture–based on Orderly’s orderbook–is backed by over 20 professional market makers, including Wintermute, Selini, and Riverside. The architecture will enable tighter spreads for DEXes and perpetual protocols.
The Orderly team disclosed that their liquidity layer protocol already supported a range of EVM and non-EVM chains, including Ethereum, Polygon, Arbitrum, Optimism, Base, Mantle, and Solana. They also said that integrating with Monad aligned with Orderly’s ‘core mission to connect with blockchains’ to ensure that DeFi users and developers have access to cross-chain liquidity. Developers will be able to build products that tap into a big liquidity pool while offering a frictionless trading experience for end-users.
Orderly-Monad integration provides developers with instant deep liquidity access
Ran Yi, the co-founder of Orderly, said that Monad offered something different in a congested EVM landscape by ‘combining the tooling and programming language developers are accustomed to with remarkable speed and throughput.’ He added that he looked forward to the trading applications that Monad projects would create and the innovative ways in which they would harness Orderly’s omnichain liquidity.
Kevin McCordic, the director of growth at the Monad Foundation, claimed that integrating Orderly’s liquidity infrastructure into Monad will provide developers with instant access to deep liquidity, empowering them to build next-generation decentralized trading applications.
“Monad’s high-performance architecture ensures that transactions remain fast and efficient, even at scale. We look forward to seeing how builders leverage this integration to push DeFi innovation forward.”
- Kevin McCordic
The Orderly team revealed that integration with Monad will allow Orderly users to explore the EVM chain and potentially benefit from airdrops issued on its Layer 1. As the launch of the Monad testnet approaches, developers can begin building powerful trading solutions without needing to concern themselves with sourcing liquidity. The team also emphasized that integrating Orderly’s cross-chain liquidity with Monad’s high-performance blockchain contributed to an interconnected DeFi landscape with user experience at its core.
Orderly brings perpetual futures trading to Solana DEX Raydium
Orderly was previously integrated into Solana DEX Raydium to introduce perpetual futures trading powered by Orderly’s omnichain orderbook. The Orderly team disclosed that the integration with Raydium Protocol was made possible by Orderly Network’s deployment of its omnichain orderbook on Solana in December. They added that the integration made Raydium the first DEX within the Solana ecosystem to leverage Orderly’s perps liquidity solution. Raydium was a dominant force in Solana spot trading, with 8.4 million active users and over 600,000 daily active traders.
Orderly’s Yi said that the collaboration with Raydium was a significant step forward in bringing perpetual trading solutions to the Solana blockchain and creating new markets for traders. He added that combining Raydium’s UI and protocol with Orderly’s omnichain liquidity infrastructure would enable deeper liquidity and more dynamic trading options.
The Orderly team also claimed that Orderly’s mainnet launch enabled Solana protocols to draw liquidity from more than 30 DEXs and 73 perpetual contracts leveraging Orderly’s advanced omnichain infrastructure. They said that Raydium’s launch of perpetual futures markets using Orderly’s technology enhanced trading opportunities on Solana and expanded its range of DeFi primitives.
Orderly Network’s cloud liquidity infrastructure consolidated all orders into a single shared orderbook across multiple blockchains. The unified liquidity pool helped to improve trading efficiency, deliver deeper liquidity, and provide tighter spreads to overcome the limitations that previously impaired perps trading on Solana.
