Orderly Network Successfully Deploys Omnichain Orderbook on Solana

Quick Summary:

Orderly Network is excited to announce its revolutionary expansion to the Solana Network, after the successful deployment of its omnichain orderbook on the Solana Blockchain, which will enable both EVM and non-EVM users to trade perps from a single, shared orderbook.

Because of Co-Founder Ran Yi’s specialization in conventional finance, Orderly is able to portray itself as the Chicago Mercantile Exchange’s (CME) counterpart via Orderly Unity.

Cross-netting capabilities and improved capital efficiency are achieved by deploying asset vaults on multiple chains, with all trades subsequently performed and settled on the Orderly Chain.

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Author / Journalist: Abdul

Category: Crypto

Markets: United Arab Emirates

Topics: Blockchain Blockchain News Web3

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Published On: 2024-10-17 @ 13:00:00 (16 hours ago)

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Language: English

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Copyright Owner: © TheNewsCrypto

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