The Good Tech Companies - Orderly Network Expands To Polygon PoS, Bringing Advanced Perpetuals Trading To Quickswap

Starting point is 00:00:00 This audio is presented by Hacker Noon, where anyone can learn anything about any technology. Orderly Network expands to Polygon POS, bringing advanced perpetuals trading to QuickSwap by Chainwire. New York, USA, May 23, 2024, Chainwire, Orderly Network has partnered with QuickSwap, the leading DEX on all Polygon chains, to launch QuickPerps. Falcor, a next-generation decentralized perpetual exchange. This integration unlocks a new level of functionality for DeFi traders on Polygon POS, with key benefits powered by Orderly's innovative Omnichain Vault's enhanced liquidity. Orderly's robust liquidity layer combines with quick swaps, enabling leveraged trading with tighter spreads and lower slippage. Effortless cross-chain

Starting point is 00:00:45 trading. Deposit, withdraw, and trade assets seamlessly across all major EVM chains supported by Orderly, directly from the Falcor Vault. No asset bridging required. Zero gas leverage trading. Enjoy Polygon POS's fast network and low fees for Vault deposits. Leverage trading within the vault happens entirely gas-free thanks to Orderly network. CEX-like experience. A familiar order book interface powered by Orderly's CLOB infrastructure simplifies trading for both new and experienced users. Advanced order controls. Manage risk effectively with limit orders, all available within the user-friendly interface. This collaboration positions Quickswap to become the go-to DEX for leveraged trading on Polygon POS. By solving the reorg issues that plagued previous perpetual protocols,

Starting point is 00:01:35 Falcor has the potential to ignite a surge in trading volume on the platform. Greater than said Arjun Arora, COO of Orderly Network. Partnering with QuickSwap aligns greater than with Orderly's mission to empower DEXs with superior infrastructure that greater than enables them to rival traditional CEXs in functionality and performance. This greater than integration is also a testament to Orderly Network's versatility, as it greater than enables an automated market maker like QuickSwap to widen their product greater than offering and offer perpetual futures for the first time on Polygon POS. Greater than said Sameep Singhania, core contributor at QuickSwap. Our partnership with Orderly Network marks a significant leap forward

Starting point is 00:02:15 for QuickSwap and the greater than DragonFi ecosystem. By integrating Falcor with Orderly Network's Omnichain greater than vault system, QuickSwap can empower its users with the best-in-class leveraged greater-than-trading experience, complete with zero gas fees, deep liquidity, and a greater-than-user-friendly interface. Orderly Network has come a long way in a short amount of time. Since launching in 2022, Orderly has already surpassed $38 billion in trading volume and integrated some of the world's highest-caliber decentralized exchanges into its novel permissionless liquidity layer. Backed by major investors like Sequoia China, Pantera Capital, Primitive Ventures, Dragonfly Capital, Jump Crypto, and GSR Ventures, Orderly has rapidly gained traction with DeFi

Starting point is 00:03:02 builders and traders alike. A perfect match for DeFi growth Polygon POS's fast network, cheap fees, and large user base, over 400k daily active users, create the perfect environment for DeFi to thrive. Orderly's robust infrastructure, combined with QuickSwap's reach and Polygon POS's scalability, positions this collaboration as a major step forward for omni-chain trading in DeFi on PolygonPos scalability, positions this collaboration as a major step forward for Omnichain trading in DeFi on PolygonPos. The integration of Orderly Network's advanced perpetuals trading system into QuickSwap marks a significant advancement in DeFi on PolygonPos, said Jack Melnick, head of DeFi, Polygon Labs. This development, supported by Orderly's innovative Omnichain vaults, underscores a vision of fostering a scalable, efficient, and user-friendly DeFi ecosystem. About Orderly Network Orderly Network is a combination of an order book-based trading infrastructure and a robust

Starting point is 00:03:54 liquidity layer offering spot and perpetual futures order books. 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. Orderly Network's DEX white label solution is carefully crafted to save builders time and capital while granting access to our bootstrap liquidity. Picturehaving the best features of CEXs while keeping settlements on-chain and maintaining full self-custody. With Orderly, anyone can create a trading application thanks to our seamless plug-and-play experience leveraging our liquidity and composability. Looking ahead, Orderly Network's grand vision is to create an omni-chain protocol, connecting traders from both EVM and non-EVM chains within the same order book.

Starting point is 00:04:41 For more information, users can visit Orderly Network's official website, Twitter, Telegram, Discord, linked in contact Chief Vibes Officer Drew Pearson Orderly Network PR at Orderly Network. Tip This story was distributed as a release by Chainwire under HackerNoon's business blogging program. Learn more about the program here. Thank you for listening to this HackerNoon story, read by Artificial Intelligence. Visit HackerNoon.com to read, write, learn and publish.

The Good Tech Companies - Orderly Network Expands To Polygon PoS, Bringing Advanced Perpetuals Trading To Quickswap

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