Orderly Network expands to Sei

Orderly Network expands to Sei Orderly Network expands to Sei Marko Marjanovic Cryptocurrency Oct 28, 2024

Orderly Network, a Web3 liquidity provider, has announced its expansion into Sei, the first parallelized Ethereum Virtual Machine (EVM) blockchain, as detailed out to Finbold on Monday, October 28. 

With Sei blending Solana’s (SOL) speed with Ethereum’s (ETH) compatibility, the integration will help Sei developers build onchain perpetual (perps) trading platforms powered by Orderly’s advanced infrastructure and deep liquidity.

Institutional-grade perps for Sei Developers

Sei’s unique position as the first parallelized EVM allows it to achieve 380-millisecond finality and handle over 12,500 transactions per second. 

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Thanks to Orderly’s trading infrastructure, liquidity layer, and white-label perps technology, native Sei teams can now create and deploy institutional-grade perps trading solutions quickly, with immediate access to bootstrapped liquidity.

This approach not only broaders Orderly’s expension but also opens new doors for Sei’s community by providing a trading venue that leverages a shared orderbook and proven infrastructure. 

Sei users can now interact with a cross-chain orderbook that includes EVM traders from networks like Arbitrum and Polygon (MATIC).

Orderly’s shared orderbook model and deep liquidity also allow developers to focus on creating user-friendly interfaces, supported by Orderly’s sophisticated perps infrastructure.

Driving DEX growth with deep liquidity

Sei-based developers can expect ongoing support from Orderly, leveraging its infrastructure to access high-performance perps platforms and expand Sei’s trading platform.

Through the partnership, particularly Orderly’s robust liquidity and infrastructure, Sei will also expand its offerings for decentralized exchanges (DEXs).

As such, the collaboration promises faster time-to-market for new spot-and-perps DEXs, all benefiting from Sei’s high throughput and low-latency architecture.

Source

Updated: 10/28/2024 — 11:00

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