Coin overview
ORDER
Ended--
Last price (USDT)
42.36K
24h total (USDT)
137.75K
Total vol (USDT)
2024-07-31 10:00:00 ~ 2024-08-26 09:30:00
Trading time (UTC+0)
2024-08-26 14:00:00
Delivery time (UTC+0)
Total supply1.00B
Resources
Introduction
Orderly Network is a combination of an orderbook-based trading infrastructure and a robust liquidity layer offering spot and perpetual futures orderbooks. Unlike traditional platforms, Orderly doesn’t have a front end; instead, it operates at the core of the ecosystem, providing essential services to projects built on top of it. ORDER total supply: one billion tokens
Bitget's pre-market trading volume has exceeded 50 million US dollars
Bitget launched an innovative product "Pre-market Trading" in April this year, with Merlin Coin (MERL) as the first project. Up to now, Bitget's pre-market trading has listed 50 tokens, including popular tokens such as Movement (MOVE), Scroll (SCR), and Orderly Network (ORDER), with a total transaction volume exceeding 50 million US dollars. Bitget's pre-market trading is an over-the-counter trading platform that provides a pre-trading market before new coins officially go live. It promotes peer-to-peer transactions between buyers and sellers, allowing them to set quotes and match trades, completing delivery at a mutually agreed time.
Orderly Network: ORDER Token is now live on the Solana Network!
Orderly Network, a decentralised trading infrastructure, announced that its native token ORDER is now live on the Solana Network.
Orderly Network deploys full-chain perpetual contract order book on Solana mainnet
According to Foresight News, the full-chain derivatives liquidity layer Orderly Network has integrated the Solana mainnet and launched its full-chain perpetual contract order book on Solana. This deployment integrates EVM and non-EVM orders, achieving deep cross-chain liquidity, allowing Solana users to seamlessly connect to more than 30 DEXs on other EVM chains and trade 73 perpetual contracts without cross-chain or other complex operations. Currently, Orderly Network has been deployed on EVM chains including Arbitrum, Base, Mantle, Ethereum mainnet, Optimism, Polygon, etc., providing more than 50 markets for traders and DEXs.
Affected by the news of listing on Bithumb, ORDER rose by more than 90% in a short period of time
On December 3, according to market information, affected by the news of listing on Bithumb, ORDER rose by more than 90% in a short period of time and is currently quoted at US$0.28, with a 24-hour increase of 64%.
Today's Top 5 Gains: HBAR 24-hour increase of 1827.50%
Bitget market data, today's top 5 tokens in terms of increase are HBAR, UNFI, MOODENG, ORDER, AIXBT. Specifically: HBAR has increased by 1827.50% in the last 24 hours and is currently priced at $0.3855; UNFI has increased by 172.29% in the last 24 hours and is currently priced at $1.41807; MOODENG has increased by 87.99% in the last 24 hours and is currently priced at $0.6200; ORDER has increased by 59.71% in the last 24 hours and is currently priced at $0.2886; AIXBT has increased by 56.82% in the last 24 hours and is currently priced at $0.28109.
Orderly Network Integrates Chainlink Price Feed on Arbitrum Mainnet
On November 14th, according to official sources, the liquidity infrastructure project Orderly Network announced that it has integrated Chainlink price feed services on the Arbitrum mainnet, providing data support for its ORDER token. It is reported that after completing this integration, Orderly Network can seamlessly obtain the required market data, building a secure market trading environment for the ORDER token. Currently, Beefy Finance, Jones DAO, and Silo Finance have completed the integration first.
Orderly Network Integrates Chainlink Price Feeds for Reliable Market Data
Chainlink is considered as the industry’s gold standard when it comes to bringing off-chain data onto the blockchain. This trustworthy on-chain data is beneficial to projects that are currently using ORDER. In order to support the ORDER token, Orderly Network , a leading provider of cloud liquidity infrastructure, has announced that it has integrated with Chainlink Price Feeds on the Arbitrum mainnet. This connection will offer high-quality and secure market data straight to its ecosystem. Chainlink was chosen by Orderly Network, a leading supplier of cloud liquidity and perpetual DEX infrastructure, because of its unrivaled dependability and industry-standard infrastructure. Orderly Network processes daily trading volumes that surpass $84 million. Creating a strong basis for the usability of ORDER and contributing to the larger DeFi ecosystem on Arbitrum is the result of the integration with Chainlink Price Feeds, which gives access to premium market data in a way that is both easy and safe. This trustworthy on-chain data is beneficial to projects that are currently using ORDER, such as Beefy Finance, Jones DAO, and Silo Finance. Additionally, it enables sustainable growth and encourages the creation of new decentralized applications. Chainlink is generally considered to be the industry’s gold standard when it comes to the process of bringing off-chain data onto the blockchain. Because it has secured some of the most prominent names in the decentralized finance industry, its decentralized oracle network has garnered an outstanding reputation. The Chainlink Price Feeds are built to withstand challenging conditions, guaranteeing that the data they provide is accurate and reliable even during times of heavy demand. Data of the Highest Quality: The oracles of Chainlink collect information from the most reliable sources, so guaranteeing that we are provided with the most precise market pricing. Reliable Nodes: Chainlink’s network is made up of security-tested, independent nodes that are managed by top-tier teams. This ensures that the network remains reliable even when it is experiencing congestion. Decentralized Infrastructure: Chainlink helps us build a more secure trading environment by removing the possibility of a single point of failure. Transparent Performance: This means that we, along with our users, are able to quickly verify the data that is feeding our ecosystem thanks to real-time monitoring tools. An ecosystem for unified trading that is geared for scalability is something that Orderly Network is dedicated to developing. Through the use of its orderbook-based infrastructure, it is possible to engage in frictionless perpetual futures trading. This is accomplished by combining liquidity from both EVM and non-EVM chains into a unified orderbook. By using its white-label decentralized exchange (DEX) infrastructure, Orderly Network is providing developers with the ability to build on top of its liquidity while simultaneously concentrating on providing unique trading experiences for users. This ambition is directly supported by the integration with Chainlink Price Feeds, which ensures that all projects that use ORDER have access to data that can be relied upon. In order to supply high-quality market data with little risk, a strong oracle network was required. This is due to the fact that blockchains are fundamentally isolated from data that is collected in the real world. This need is satisfied by Chainlink, which enables Orderly Network to reliably increase its footprint inside the Arbitrum DeFi ecosystem.
Orderly Network Expands Cloud Liquidity to Avalanche, Boosting Cross-Chain Trading Efficiency
Leading cloud liquidity infrastructure Orderly Network has announced that it has expanded to Avalanche, a high-performance blockchain platform designed to support custom blockchain networks and decentralized applications. It solves issues with scalability, centralization, and poor transaction speeds that were present in previous blockchain systems. Avalanche is renowned for its efficiency; it can complete a transaction in less than two seconds and execute over 4,500 transactions per second. Avalanche’s consensus process, which securely validates transactions, is one of its distinctive features. This system, which sets a high bar for blockchain technology, is designed to be safe, quick, and energy-efficient using the patented Avalanche consensus. By combining all orders into one shared orderbook across many chains, Orderly Network’s cloud liquidity infrastructure improves trading efficiency. Deeper liquidity and narrower spreads are provided by this method, which unifies the liquidity landscape. Built on top of the OP Stack, the Orderly Chain serves as the settlement layer and ledger for all transactions by combining LayerZero’s cross-chain messaging protocol with Celestia’s data availability. Builders can quickly implement futures trading solutions and create a wide variety of financial products for traders using Orderly’s cutting-edge on-chain orderbook and deep liquidity solutions. Through front-end interfaces linked to Orderly’s sophisticated perps infrastructure Orderly reduces the risks involved in cross-chain bridging and wrapped asset transfer, freeing developers to concentrate on improving user experience. Polygon, Arbitrum, Optimism, Base, Ethereum mainnet, and Mantle are the six chains that Orderly now supports; Solana will be added shortly. This Avalanche expansion improves liquidity and expands access to the ecosystem by enabling traders on Avalanche to easily communicate with EVM and non-EVM traders from other well-known chains. This expansion is an important turning point for Orderly Network and demonstrates its dedication to increasing liquidity availability and developing safer, more effective trading options. Orderly is positioned to link an even larger community of developers and traders by integrating with Avalanche, encouraging innovation and establishing new benchmarks for cross-chain trading in the future.
Magic Labs, Polygon launch crosschain smart wallet for AggLayer
Magic Labs and Polygon Labs announced a crosschain smart wallet as protocols move to address liquidity fragmentation in the blockchain space. According to a Nov. 7 announcement, the companies launched the Newton testnet, a wallet solution for the crosschain settlement layer AggLayer. The solution promises to enable liquidity sharing across multiple blockchains, “like how HTML or HTTP introduced standards to create a seamless internet experience.” Newton is built with Polygon CDK — or cloud development kit — and plans to offer chain-abstracted smart wallets, free tooling, access to global liquidity and cross-chain launches from “a single command line.” Liquidity fragmentation occurs when assets and trading volumes are spread across multiple platforms or blockchain networks, creating inefficiencies in the decentralized finance (DeFi) ecosystem. This dispersion leads to higher trading costs and slower transaction speeds, complicating cross-chain interactions and increasing costs for users. Tackling this issue is essential for improving DeFi’s efficiency and reliability. It’s no surprise that this problem has caught the attention of several protocols and venture firms in 2024. Other firms working on liquidity integration include Orderly Network. The startup recently raised $5 million from investors, such as OKX Ventures and Manifold Trading, to consolidate onchain transactions into a unified order book across multiple blockchains. Axelar has also devoted its core business to multichain solutions; the company announced in October an interoperability stack combining onchain and offchain systems across various networks. “Chain unification is inevitable — like ACH or SWIFT for crypto,” said in a statement Sean Li, co-founder and CEO of Magic Labs. In 2018, the startup was one of the first to introduce wallet abstraction. Among its clients are Polymarket, Immutable and Helium. Magic Labs is backed by PayPal, Placeholder and Lightspeed, along with angel investors such as Balaji Srinivasan. The company claims to have onboarded over 35 million users and 200,000 developers through decentralized applications. Related: 5 DeFi predictions for 2025: Rise of AI, Omnichain and BTC derivatives
Order Token Pledges Total More Than 80 Million, Pledge APR Is 22%
On October 31st, according to the official news of Orderly Network, the total amount of Order tokens pledged is more than 80 million, and the APR of pledge is 22%. Orderly Network is a chain-wide cloud liquidity program that integrates chain-wide spot/derivatives liquidity to provide liquidity and settlement support for any asset, any public chain, and any product interface.
Orderly Network announces integration with Sei, aiding institutional-level perpetual futures trading
PANews reported on October 28th that Orderly Network has announced its integration with Sei to facilitate institutional-level perpetual futures trading. As the first parallel EVM blockchain, Sei combines the advantages of Solana and Ethereum, providing a high-performance network with final certainty in 380 milliseconds and over 12,500 transactions per second. It is particularly suitable for supporting high-volume perpetual futures markets. Through this integration, developers in the Sei ecosystem can utilize Orderly Network's liquidity infrastructure and on-chain order book to achieve cross-chain transaction connections. Not only can Sei users interact with traders on mainstream EVM chains such as Arbitrum and Polygon, but they can also enjoy the high speed and low latency of the Sei chain, significantly expanding their trading use cases and range of tradable assets.
Orderly Network Expands to Sei Ecosystem, Bringing Institutional-Grade Liquidity for Onchain Perps
Web3 liquidity layer Orderly Network has announced that it will be expanding to Sei , the first parallelized EVM blockchain that combines the greatest elements of Solana and EVM architecture. With this development, Sei builders will be able to offer onchain perps systems that are fueled by Orderly’s top-notch liquidity and infrastructure. In order to enable local teams to provide institutional-grade perps trading solutions, Orderly has decided to bring its trading infrastructure and liquidity layer to Sei. Sei developers have access to bootstrapped liquidity and can quickly implement futures trading solutions using Orderly’s white-label perps technology. By joining the Sei ecosystem, Orderly will reach a wider audience and provide the Sei community access to a trading venue that has a common orderbook and proven infrastructure. EVM traders from other well-known chains, such Arbitrum and Polygon, may now share an orderbook with Sei traders. By integrating a front-end with Orderly’s advanced perps infrastructure, Orderly allows developers to concentrate on the user experience with innovations like this shared orderbook and deep liquidity. Sei, the first parallelized EVM, combines the finest of Ethereum and Solana to create a scalable network that can execute more than 12,500 transactions per second with a finality of 380 milliseconds. Perpetual futures markets and other high-volume trading alternatives are well suited to its architecture. Developers working on Sei trading solutions that make use of Orderly’s infrastructure will get continuous support. This will make native perps platforms that take use of the network’s natural speed and low price environment available to Sei’s expanding community. Orderly will increase the use cases and assets that may be traded on Sei while offering builders a useful primitive to use by linking its backend and liquidity layer to Sei. Teams working within Orderly’s ecosystem will be able to create DEXs and other trading platforms that take use of strong liquidity and reliable infrastructure thanks to Orderly’s integration with Sei. In addition to enabling a new generation of spot and perps DEXs that take full advantage of Sei’s high throughput and low latency, this will shorten time-to-market.
How QuickSwap Brings “the Best of Both Worlds” To Ethereum as it Goes Live
QuickSwap has expanded to Ethereum. The project promises to revolutionize leverage trading and swaps on the network. At the heart of QuickSwap’s deployments is aggregated liquidity. Over the past year, leading Polygon DeFi hub QuickSwap has been on an expansion spree and shows no signs of slowing down. After expanding its frontiers to Cosmos and Flare, the project has now set up shop on the Ethereum Layer 1 chain, promising to tackle several challenges associated with engaging in DeFi activity on the network. QuickSwap Goes Live on Ethereum Over a month of anticipation following the initial teaser, QuickSwap has expanded to Ethereum. Sponsored Seeking to attract security-focused and OG DeFi users, on Monday, October 21, the project announced that it had launched its leading decentralized exchange (DEX) platform QuickPerps:Falkor, and newly launched liquidity hub QuickSwap Liquidity Hub on the network. QuickPerps: Falkor has officially launched on @ethereum ⚡️ Trade with up to 50x leverage, zero gas fees, and high liquidity. https://t.co/IF2F8j2h3H This event marks Phase 1 of QuickSwap's expansion to Ethereum and a key moment for the growth of the DragonFi ecosystem. Users… pic.twitter.com/Vbl4qfABld — QuickSwap 🐲 DragonFi 2.0 (@QuickswapDEX) October 21, 2024 So, what does QuickSwap bring to Ethereum? “The Best of Both Worlds” QuickSwap aims to offer DeFi users on Ethereum “the best of both worlds.” Its deployed platforms promise to combine the best possible on-chain trading user experience with the network’s renowned security. "Historically, the trade-off between the security of the Ethereum mainnet and user experience has been a significant hurdle for DeFi platforms. Simply put, QuickSwap's deployments offer Ethereum users the best of both worlds: the robust security of the base layer coupled with a seamless and optimized trading experience," the team asserted in a statement. The assertions come as QuickPerps: Falkor promises to tackle speed and high gas fee concerns faced by users on the base layer with its low latency and gasless trading model, which is made possible by leveraging Orderly Network’s liquidity layer. At the same time, beyond leverage trading, QuickSwap promises to tackle these same speed and cost concerns for basic token swaps as the project’s newly launched liquidity hub is set to serve as a swap aggregator. As explained by the team, the liquidity hub will offer reduced slippage and minimal fees by leveraging infrastructure from Orbs Network, which aggregates liquidity from external sources to optimize on-chain trading. On the Flipside According to Defi Llama data , QuickPerps’ TVL has been in a decline since July 2023, dropping from over $10 million to about $732,000 at the time of writing. QuickSwap Liquidity Hub has yet to be battle-tested. Why This Matters Ethereum’s DeFi limitations have led to an outflow of volume to Layer 2 chains and Layer 1 competitors like Solana , as users are forced to choose between user experience and security. Projects like QuickSwap promise to change this narrative. Read this for more on QuickSwap: Justin Sun Shouts Out QuickSwap as It Launches Gasless Exchange See why a short squeeze may be on the horizon for Ethereum: Why Ethereum Short Sellers Risk Getting Squeezed Out: CryptoQuant
IBX (ARTIC) Faces Rug Pull Accusations After $24M Presale
IBX (ARTIC) has been accused of a rug pull. The development came after the project raised millions in a presale event. Users are now demanding a refund. IBX (ARTIC), a newly launched crypto project, has come under intense scrutiny following claims that it defrauded investors of millions after a presale event. IBX’s October 15 presale event garnered massive support, raising $24 million in SOL instead of the initial $3.2 million target. Before the presale, the project had promised to refund any SOL that exceeded its fundraising goals, noting that it would only give tokens to a small circle of selected participants. IBX Fails to Refund Investors On October 18, the IBX (ARTIC) shared a post on X, claiming that it had returned 65,000 SOL ($9.75 million) to non-selected participants, down from the expected $21.8 million. The team said it increased the presale limit through a community vote that elected to launch the token ARTIC at a market cap of $50 million. Sponsored While the decision to launch ARTIC with a higher market cap raised red flags about the project’s legitimacy, scam fears ensued when users claimed they hadn’t received the 65,000 SOL refund. An X user identifying as a crypto trader and investor alleged that no single person on IBX’s comment section received a refund, a claim the project addressed vaguely. “We are aware of the current community dissatisfaction and are doing our best to resolve it. We are doing everything we can to fix the situation and will share next steps ASAP,” IBX wrote . At the same time, Orderly Network, the platform accused of incubating IBX (ARTIC), distanced itself from the project and ruled out the possibility of any future collaboration. Orderly Network said it was “actively investigating” the allegations against IBX and would take the necessary steps to “support the community.” Stay updated on SlowMist’s alert on MEV scam bots: SlowMist Flags New Breed of MEV Scam Bots Targeting Crypto Users Read how MrBeast was accused of making millions from crypto pump-and-dumps: MrBeast Accused of Making $10M from Crypto Pump-and-Dumps
Solana Co-Founder Highlights Key Differences in Congestion Management with Ethereum
Solana’s hardware scalability allows for efficient congestion management but faces challenges in maintaining optimal price discovery. Institutional interest in Solana is rising, yet its price growth lags behind Ethereum despite spot ETF applications boosting market optimism. Solana integrates Orderly Network to enhance liquidity and cross-chain trading, strengthening its position as a leading blockchain network. Anatoly Yakovenko, co-founder of Solana, compared the network congestion management of Ethereum and Solana. Yakovenko noted that while Solana manages congestion efficiently, price discovery becomes less effective when global resources are saturated. He emphasized that Solana’s hardware must scale up to meet new demand, pointing out that software limitations preventing this hardware expansion could be considered a flaw. Fundamental difference I think between solana’s vision and ethereum’s is that for solana when a global resource is saturated, price discovery isn’t good. While it’s a graceful way to handle congestion, fundamentally the hardware needs to scale up to handle the new demand. If… — toly 🇺🇸 (@aeyakovenko) October 18, 2024 Yakovenko’s comments have stirred debates regarding how various blockchain protocols deal with scalability in the crypto space. Ethereum, which has now shifted to Proof-of-Stake (PoS) , is in many ways similar to Solana as it targets smart contract applications. However, Yakovenko highlighted that Solana can scale its hardware to demand, unlike Ethereum, which relies heavily on its current software structure. Challenges in Solana’s Price Discovery and Growth Despite significant adoption, Solana has faced challenges translating its technical strengths into rapid price growth. One of the key issues Yakovenko highlighted is the network’s performance under heavy usage. While Solana’s congestion management is considered graceful, its ability to scale remains crucial for maintaining optimal price discovery. The network has also faced downtimes, including a notable outage in February caused by a bug that raised concerns about its reliability. Institutional investors have recently shown rising interest in Solana with the listing of crypto ETFs and rising fund buying. However, Solana’s price trends have not shown as much improvement as Ethereum’s throughout these advancements. The recent announcement of spot Solana ETF applications has sparked optimism, yet the asset’s price growth has remained relatively modest. Read CRYPTONEWSLAND on google news Solana’s Integration with Orderly Network and Future Prospects The Solana ecosystem has grown with the integration of Orderly Network, which introduced the first full-chain order book platform that supports both Ethereum Virtual Machine (EVM) and non-EVM ecosystems. This is expected to improve liquidity and trading in various public blockchains, making them more accessible for users under the Solana network. Additionally, market analysts remain optimistic about Solana’s future, predicting a significant price increase driven by market conditions and institutional support. Some forecasts suggest Solana could experience a substantial price rally, potentially reaching triple-digit values. The positive market sentiment surrounding Solana, bolstered by new technological integrations and institutional interest, positions the network as a strong contender in the blockchain space. disclaimer read more Crypto News Land, also abbreviated as "CNL", is an independent media entity - we are not affiliated with any company in the blockchain and cryptocurrency industry. We aim to provide fresh and relevant content that will help build up the crypto space since we believe in its potential to impact the world for the better. All of our news sources are credible and accurate as we know it, although we do not make any warranty as to the validity of their statements as well as their motive behind it. While we make sure to double-check the veracity of information from our sources, we do not make any assurances as to the timeliness and completeness of any information in our website as provided by our sources. Moreover, we disclaim any information on our website as investment or financial advice. We encourage all visitors to do your own research and consult with an expert in the relevant subject before making any investment or trading decision.
Altcoin Raising Millions of Dollars is Highly Suspected to be a Scam
Cryptocurrency project IBX (ARTIC), which raised over 160,000 Solanas (equivalent to around $24 million) in its recent pre-sale, is now under suspicion of being a rug pull. The controversy has sparked reactions from big names in the industry, including Orderly Network and MEXC exchange. Orderly Network, which incubates IBX, initially supported the project by retweeting its content. However, in response to the allegations, the network stated that it does not support the project and announced the end of any future cooperation with IBX. Meanwhile, MEXC, which planned to list the ARTIC token, issued an announcement to postpone its listing, casting further doubt on the legitimacy of the project. Crypto analyst Anon Vee has highlighted the growing concerns as he questions whether IBX is performing a rug pull. The analyst explained that IBX launched a presale three days ago with the aim of raising $3.2 million and refunding participants who were not selected. However, over 160,000 SOL was raised in the presale, far exceeding the initial target. Related News Analytics Company Releases Hot Weekend Update: Will Bitcoin's Rally Continue? Participants were expecting a refund of approximately 65,000 SOL (approximately $9.7 million). However, IBX conducted a survey on its website to determine whether the pre-sale limit would be increased or whether it would stick to the original limit. As expected, the survey resulted in the decision to increase the limit. The team claimed to have refunded the promised amount, but according to Anon Vee, the funds were sent to multiple addresses controlled by the team and there was no verifiable evidence that participants had received legitimate refunds. The ARTIC token was launched with a market cap of $50 million. Anon Vee noted that the claim page for token holders was not live before the team added liquidity, raising suspicions about the move. The ARTIC token was launched with a market cap of $50 million. Anon Vee noted that the claim page for token holders was not live before the team added liquidity, raising suspicions about the move. Talep sayfası etkinleştirildiğinde, tokenin piyasa değeri 50 milyon dolardan 6 milyon dolara düşerek birçok ön satış katılımcısının tokenlerini talep edememesine neden oldu. *This is not investment advice.
Orderly Network: Considering Legal Action Against IBX and Its Founder
On October 19th, Ran Yi, founder of Orderly Network, posted a message on the X platform expressing his deep regret for what happened to the IBX community and emphasizing that he never incubated IBX, adding that the Orderly team possesses some of the identifying information of one of the founders of IBX, and that they will fully cooperate with the investigative needs of the relevant law enforcement agencies if necessary. In the meantime, legal action is being considered against IBX and its founders for using Orderly's name to spread misleading information and cause damage to its reputation.
5 DeFi predictions for 2025: Rise of AI, Omnichain and BTC derivatives
It’s the fourth quarter of the year, which can only mean one thing: prediction season is here. It’s that time when industry figures gaze into the crystal ball to glean the trends that will define the following year. But this isn’t just guesses: those who work on the frontlines of web3 have a good idea what shape the next game-changing innovations will take, because they’re the ones currently building them. While there are no guarantees for what 2025 will hold, just probabilities, I’m confident there’s an outsize chance of the following trends coming to pass. Omnichain DeFi becomes the norm Omnichain DeFi, in which liquidity is sourced from multiple chains, as well as from centralized sources, will see significant adoption in 2025. Its ability to deliver better pricing and deeper liquidity solves one of the greatest challenges networks currently face: liquidity fragmentation. The ability to access concentrated liquidity on demand will support greater capital efficiency and create opportunities for arbitrage and yield farming across the multi-chain landscape. In the process, it will enable users to tap into virtually unlimited liquidity from CEXs that’s delivered onchain, resulting in a superior trading experience without custodial risk. Institutional adoption of DeFi accelerates We’ve already seen the first institutions begin trading and participating in DeFi activities this year, but so far it’s been a trickle rather than a flood – and for the most part their crypto exposure remains limited to ETFs. But that’s going to change next year and we know that because the infra to support a surge of adoption has been getting rolled out all through 2024. Better onchain tools for supporting things like compliance, wallet management, sub-accounts, and reporting mean that institutions can now interact with onchain protocols with confidence, both in terms of the integrity of the underlying technology and of their legal and financial obligations. Tokenized Real World Assets (RWAs) are already a multi-billion dollar industry and it’s here we’re likely to see the greatest inflows of institutional capital, aided by the deeper liquidity that’s now available through omnichain innovations. Rise of DeFi derivatives, including on Bitcoin L2s DeFi derivatives have been ticking over nicely this year with the likes of Hyperliquid, Jupiter, and GMX dominating. Next year, we’ll see the DeFi sector evolve, moving to new blockchain ecosystems and incorporating support for a much broader range of assets, including things like leveraged prediction markets. In 2025, we’ll also see the first derivatives exchanges coming onstream for Bitcoin DeFi, bringing this capability to the Bitcoin L2 ecosystem for the first time. With BTC serving as the underlying asset for minting stablecoins – that can then be used on derivatives DEXs – there’s the potential for billions of dollars in dormant capital to be unlocked while providing a framework to hedge against other trades without needing to rely on centralized exchanges. Increasing focus on user experience and accessibility It’s no secret that the DeFi industry has been doubling down on UI/UX in recent years, with VCs flinging money at projects intent on solving the challenges associated with user onboarding and retention. Wallet design has already improved significantly, but there’s still a lot of work to be done in enhancing DeFi user experience, particularly given the massive expansion in use cases, networks, and protocols, all of which adds underlying complexity. The DeFi projects that gain market share and TVL next year won’t just offer attractive products and great features: they’ll be bundled inside a seamless interface design that makes them intuitive to use. Coupled with improved educational resources and growing knowledge of DeFi among crypto natives, it will make onchain markets easier to access than ever before. AI-powered DeFi solutions Expect a surge in AI-powered DeFi tools, particularly in terms of automated trading bots, risk assessment tools, and predictive analytics. AI agents in particular – autonomous bots that can execute trades or trigger smart contracts based on predefined conditions being met – are going to see explosive growth. Blockchain intersects with AI on a number of levels, starting with DePIN which uses blockchain rails to support markets for things like GPU compute and for AGI training data. Web3 has already shown that it’s ideally suited to hosting this type of activity. Using AI to directly enhance DeFi experiences, however, is how retail users will begin to tangible experience the power this technology has to offer. From identifying optimal investment strategies to finding the best yield farming opportunities and retroactive airdrops, AI assistants will be everywhere next year and smart traders will be harnessing them to extract more value and mitigate risk through providing early threat detection. Just as it’s now hard to imagine a time when we didn’t turn to ChatGTP for help with everyday queries, we’ll soon wonder how we ever did DeFi without a trusty AI assistant by our side. Ran Yi is the co-founder of Orderly Network. Founded in 2022, Orderly Network is a cloud liquidity infrastructure designed to revolutionize trading with its permissionless, omnichain liquidity layer. Also a co-founder of WOO Network, Ran is a tireless advocate for DeFi’s potential for democratization. With 15 years in global asset management and 5 years in crypto, he has a background in traditional finance, having worked at institutions such as China Merchants Bank and Freddie Mac. Ran holds a Bachelor of Science from Carnegie Mellon University and an MBA from CEIBS. This article is for general information purposes and is not intended to be and should not be taken as legal or investment advice. The views, thoughts, and opinions expressed here are the author’s alone and do not necessarily reflect or represent the views and opinions of Cointelegraph.
DeFi analyst: Orderly Network eco-project IBXtrade suspected rug
On October 18, DeFi analyst Anon Vee posted on X that several users have reported that Orderly Network ecosystem project IBXtrade is suspected to be rugged. IBXtrade reportedly launched a pre-sale three days ago with a plan to raise 2,000 SOLs (~$3.2 million) and refund pre-sale participants who weren't selected, and the pre-sale ended up being oversubscribed to more than 160,000 SOLs ($24 million), and participants were expecting $21.8 million in refunds from the program, but the IBXtrade team created a poll on a fully-controlled website asking whether to increase the cap on the amount of the pre-sale, and the IBXtrade team has been asking for more money for the project. However, the IBXtrade team created a poll on a completely controlled website asking whether to increase the pre-sale limit. The poll eventually passed, and IBXtrade claimed to have refunded 65,000 SOLs ($9.7 million) to pre-sale participants, but in reality the team simply sent the SOLs to multiple addresses they created, and user feedback did not result in refunds.
Orderly Network: Never Supported IBXtrade, Will Cut Any Future Ties With IBXtrade
On October 8, Orderly Network responded to the “IBXtrade suspected rug” issue on X saying, “Orderly Network has never supported IBXtrade or its tokens. We are actively investigating the situation and will take the necessary steps to support the community. In the meantime, we are severing any future ties with IBXtrade.
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