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Orderly Network provides omnichain orderbook infrastructure, enabling developers to launch and scale perpetual decentralized exchanges. Utilizing a shared central limit order book, it blends efficient off-chain matching with secure on-chain settlement as a Layer 2 solution. This architecture delivers CEX-grade liquidity and performance across multiple blockchains, fostering unified trading environments, eliminating individual liquidity bootstrapping.
Orderly Network launched publicly in January 2022, co-founded by Ran Yi and Terence Ng. Ran Yi, former WOO co-founder and current CEO, brings deep finance and crypto experience. Terence Ng contributes a background in computer engineering and entrepreneurship. Their insight targeted fragmented liquidity and poor user experiences, motivating them to build a high-performance trading infrastructure.
The platform supports developers and trading communities seeking advanced functionalities. Orderly Network envisions an omnichain trading environment where any asset can be traded seamlessly with self-custody across blockchains. It empowers partners to "Own The Exchange," focusing on user acquisition and interface, backed by a robust backend for liquidity and trade execution.
Orderly Network has raised $20.0M across 1 funding round.
Orderly Network has raised $20.0M in total across 1 funding round.
Orderly Network has raised $20.0M in total across 1 funding round.
Orderly Network's investors include Dragonfly Capital Partners, Sequoia Capital, Andrea Vaccari, Furqan Rydhan, Russell Smith.
Orderly Network is a technology company building a permissionless liquidity layer and decentralized trading infrastructure primarily serving the decentralized finance (DeFi) ecosystem. It offers a unified, omnichain orderbook and a robust Software Development Kit (SDK) that enables developers to build decentralized applications (dApps) such as decentralized exchanges (DEXs), aggregators, wallets, and high-frequency trading systems. The platform supports spot and perpetual futures trading with centralized exchange (CEX)-level efficiency while maintaining decentralization and self-custody principles. Orderly Network serves traders, developers, market makers, and liquidity providers by solving liquidity fragmentation and poor user experience in DeFi through a shared, deep liquidity pool across multiple blockchains. It currently supports major chains including Solana, Ethereum, Arbitrum, Polygon, NEAR, and others, providing access to over 100 markets via a unified trading infrastructure[1][2][3][4].
Founded in 2021 by Ran Yi and Terence Ng, who bring extensive experience in finance and cryptocurrency, Orderly Network emerged from the need to bridge the gap between centralized and decentralized trading environments. The idea was to democratize access to sophisticated trading tools and liquidity by combining the efficiency of centralized exchanges with the transparency and security of decentralized protocols. The company was co-founded with support from NEAR Protocol and WOO Network, leveraging their expertise and partnerships with liquidity providers like Kronos Research. Early traction was marked by the launch of a cross-chain orderbook on Solana and expansion to multiple EVM and non-EVM chains, alongside the introduction of native token incentives ($ORDER) for staking and governance, which helped scale the platform and community[1][2].
Orderly Network rides the growing trend of DeFi maturation and cross-chain interoperability, addressing critical challenges like liquidity fragmentation and inefficient user experiences in decentralized trading. The timing is favorable due to increasing demand for decentralized alternatives to centralized exchanges that offer both security and performance. Market forces such as the proliferation of multiple blockchain ecosystems and the rise of omnichain protocols work in Orderly’s favor by creating a need for unified liquidity and seamless cross-chain trading. By bridging centralized exchange efficiency with decentralized principles, Orderly Network influences the broader ecosystem by enabling more accessible, scalable, and secure decentralized trading infrastructure, fostering innovation and liquidity aggregation across chains[2][4].
Looking ahead, Orderly Network is positioned to expand its omnichain infrastructure further, potentially integrating more blockchains and enhancing its SDK capabilities to attract a broader developer base. Trends such as increased institutional interest in DeFi, growing demand for cross-chain solutions, and the evolution of Layer 2 scaling technologies will shape its trajectory. Its influence may evolve from a niche DeFi infrastructure provider to a foundational layer for decentralized trading across ecosystems, driving liquidity efficiency and user adoption. Continued development of its native token ecosystem and strategic partnerships will be critical to sustaining growth and ecosystem engagement. Orderly Network’s vision of a seamless, decentralized, and efficient trading future ties back to its mission of breaking down barriers between chains and democratizing access to liquidity and trading tools[1][2][4].
Orderly Network has raised $20.0M across 1 funding round. Most recently, it raised $20.0M Seed in June 2022.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Oct 18, 2022 | Gritti | $1.7M Seed | Lingfeng Innovation Fund | Bixin Ventures, CDI, Stratified Capital, Youbi Capital |
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Jun 1, 2022 | $20.0M Seed | Dragonfly Capital Partners, Sequoia Capital, Andrea Vaccari, Furqan Rydhan, Russell Smith |