- Perpetual trading, made possible by the two platforms’ integration, allows users to trade 80+ pairs with ease.
- Trading activity on Orderly has skyrocketed since it integrated with Raydium; the company’s peak daily trading volume is now approaching $500M.
With an impressive 30-day trailing trade volume of approximately $100 billion, Raydium Protocol proves once again that it is the leading DEX for all blockchains, not only Solana.
This achievement highlights Raydium’s capacity to draw in and hold on to users in DeFi field that is becoming more and more competitive. Concurrently, Orderly has been making headlines, cementing its position as a major player with a monthly trading volume that increased by a whopping 157%. This development has been gaining traction and we’re going to delve deeper into the latest developments.
With its competitive valuation, expanded distribution through Raydium, and scalable tokenomics, Orderly is able to sustain its rapid growth. Perpetual trading, made possible by the two platforms’ integration, allows users to trade 80+ pairs with ease, which is a huge step forward for both platforms and the whole DeFi ecosystem.
Trading activity on Orderly has skyrocketed since it integrated with Raydium; the company’s peak daily trading volume is now approaching $500 million. Based on Orderly’s net flows, it’s clear that the Raydium integration was the primary driver of this surge in organic adoption.
By providing access to 80 trading pairs instead of Drift’s limited number, Orderly has also reached a significant milestone: it now has more daily trading volume than Drift. This signifies a significant change in the competitive landscape, as Orderly is attracting traders with its expanded pair offerings and strong liquidity. In order to fuel its growth and compete in the crowded DeFi space, Orderly has relied on Raydium’s established user base and infrastructure.
There is enormous expansion potential made possible by Orderly’s integration with Raydium. The scalability of Orderly’s operations could be demonstrated if even 12% of Raydium’s trading volume switched to perpetual trading, following the DEX-to-perpetual volume ratio of platforms like Jupiter. This would result in a six-fold increase in Orderly’s volume. Traders gain from the strong ecosystem that is created when the two platforms combine their resources and volume, which in turn fosters long-term development.
Raydium and Orderly’s collaboration goes beyond mere integration; it signifies a change in the way decentralized financial platforms work together to fulfill user needs. Both platforms are removing obstacles in perpetual trading and fostering more innovation by using Orderly’s infrastructure and Raydium’s vast network.
Platforms like as Raydium and Orderly are leading the charge in DeFi’s ongoing evolution, providing state-of-the-art solutions that optimize the user experience and facilitate eternal trading. Both systems have great development potential, which bodes well for the future of DeFi.
