Here’s how to tackle DeFi fragmentation through unified liquidity

  • 📰 Cointelegraph
  • ⏱ Reading Time:
  • 65 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 29%
  • Publisher: 51%

Coin Coin Headlines News

By unifying liquidity across multiple blockchains, this solution enhances trading efficiency and reliability in DeFi, addressing the issue of liquidity fragmentation

.

DeFi needs unified liquidity across chains. By integrating trading orders into a single, cohesive order book, such solutions promise to enhance trading efficiency, paving the way for a more integrated and effective DeFi ecosystem.is a layer-2 platform that delivers a permissionless liquidity layer for Web3 trading. Powered by the Orderly Chain and LayerZero, it provides the necessary liquidity and infrastructure for efficient permissionless trading.

Orderly Network has achieved $650 billion in cumulative trading volume with over 215400,000 onchain users and $56 million in total value locked , doubling in one month. With over 14 DEXs built on its platform, Orderly makes up 28% of all LayerZero messaging and 4035% of Celestia’s volume.Since its inception, Orderly Network has secured $20 million in investment from institutions, including Pantera, Sequoia China, Laser Digital, Dragonfly and Jump.

In the lead-up to its token generation event, Orderly Network introduced “The Road to the Order” campaign, a gamified initiative designed to engage and reward active traders with “.” The campaign has attracted over 57,000 weekly active traders, allowing them to earn Merits with every trade. The Merits contribute to traders’ portion of the upcoming airdrop.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 562. in COİN

Coin Coin Latest News, Coin Coin Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

New DeFi Platform Jellyverse Launches on Sei Blockchain, Introducing DeFi 3.0 FeaturesExplore Jellyverse on the Sei blockchain: a DeFi platform integrating real-world assets with advanced tools for ultimate portfolio diversification.
Source: hackernoon - 🏆 532. / 51 Read more »

Providing certainty in funding costs and investment returns: Ethereum gets fixed-income DeFi protocolDeFi platforms strive to transform financial interactions by establishing fixed-rate and fixed-term lending and borrowing environments to enhance access for all investor types
Source: Cointelegraph - 🏆 562. / 51 Read more »