New York, New York, October 28th, 2024, Chainwire
Web3 liquidity layer Orderly Network has announced that it is expanding to Sei, the first parallelized EVM blockchain that incorporates the best elements of Solana and EVM architecture. The move will enable Sei builders to launch onchain perps platforms powered by Orderly’s best-in-class infrastructure and liquidity.
Orderly’s decision to bring its trading infrastructure and liquidity layer to Sei will empower native teams to launch institutional-grade perps trading solutions. Using Orderly’s white-label perps technology, Sei developers can rapidly deploy futures trading solutions with access to bootstrapped liquidity.
Expanding to the Sei ecosystem will increase Orderly’s reach while connecting the Sei community to a trading venue that benefits from a shared orderbook and battle-tested infrastructure. Sei traders can now share an orderbook with EVM traders from other popular chains such as Arbitrum and Polygon.
Through innovations such as this shared orderbook and deep liquidity, Orderly frees developers to focus on user experience by creating a front-end that’s connected to Orderly’s advanced perps infrastructure.
As the first parallelized EVM, Sei combines the best of Solana and Ethereum to form a scalable network with 380millisecond finality and the ability to process over 12,500 transactions per second. Its architecture is ideally suited to hosting high-volume trading solutions such as perpetual futures markets.
Orderly will provide ongoing support to developers working on Sei trading solutions that utilize its infrastructure. This will enable Sei’s growing community to access native perps platforms that capitalize on the network’s inherent speed and low fee environment. Through connecting its liquidity layer and backend to Sei, Orderly will provide a valuable primitive for builders to harness while expanding the use cases and assets that can be traded on Sei.
Orderly’s integration with Sei will also enable teams operating within its ecosystem to develop DEXs and other trading platforms that benefit from access to deep liquidity and robust infrastructure. This will reduce time-to-market while supporting a new wave of spot and perps DEXs that take full advantage of Sei’s high throughput and low latency.
About Orderly Network
Orderly Network is a cloud liquidity infrastructure designed to revolutionize web3 trading. Built on omnichain architecture, Orderly enables deep liquidity for any asset across multiple blockchains. Focused on a future of DeFi that’s open to all, Orderly empowers traders and developers alike.
Learn more: https://orderly.network/
About Sei
Sei is a Layer 1 that combines the advantages of Ethereum and Solana: the dominant development standard of Ethereum with the performance of Solana. The V2 update for Sei makes it the first parallelized EVM. Serving as a new scaling approach for the Ethereum ecosystem while achieving even faster speeds than Solana. Sei launched its mainnet in 2022 and has a growing ecosystem with key teams from Ethereum, Solana, Polygon, Arbitrum, and others deploying. The team is backed by Multicoin, Jump, Coinbase Ventures, and many more.
Learn more: https://www.sei.io/
Contact
Senior Associate PR & MKT
Anabela Rea
[email protected]
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