According to Finbold on Monday, November 11, Orderly Network, a cloud-based liquidity infrastructure platform, disclosed its expansion onto Avalanche (AVAX), a platform that powers decentralized applications (dApps) and custom blockchain networks.
Avalanche is capable of processing over 4,500 transactions per second and completing them in under two seconds, thereby resolving the scalability, centralization, and slow transaction issues that were prevalent in earlier blockchain networks.
Likewise, the platform’s consensus mechanism, avalanche consensus, guarantees energy-efficient, secure, and rapid transaction validation.
In contrast, the cloud liquidity infrastructure of Orderly Network is designed to facilitate trading by consolidating orders from multiple blockchains within a shared orderbook, thereby ensuring liquidity and reducing bid-ask spreads.
The Orderly Chain functions as a foundational settlement layer and transactions ledger, building on the OP Stack and incorporating Celestia’s data availability through LayerZero’s cross-chain communications protocol..
It is anticipated that Orderly’s on-chain orderbook and liquidity solutions will assist developers in the deployment of futures trading platforms and the development of a diverse array of financial products.
In order to prioritize user experience and integrate its front-end trading interfaces with its perpetuals infrastructure, Orderly mitigates cross-chain bridging and bundled asset risks.
Orderly will shortly expand to Solana, in addition to its current operations on six chains: Polygon (MATIC), Arbitrum, Optimism (OP), Base, Ethereum (ETH) mainnet, and Mantle.
The integration with Avalanche will enable merchants to interact with Ethereum Virtual Machine (EVM) and non-EVM participants from other prominent networks.
Consequently, the expansion is a critical advancement for Orderly Network, as it allocates its resources to the development of a more efficient trading environment and the expansion of liquidity access.
Orderly will be in a favorable position to unite a broader trading and development community that is committed to cross-chain innovation and collaboration as a result of its partnership with Avalanche.
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