Orderly Network Expands to Polygon PoS, Bringing Advanced Perpetual Trading to Quickswap

Orderly Network has partnered with Quickswap, the leading DEX on all Polygon chains, to launch QuickPerps: Falkor, a next-generation decentralized perpetual exchange. This integration opens a new level of functionality for DeFi traders on Polygon PoS, with key benefits powered by Orderly’s innovative omnichain vaults:

Ordered network joined forces with Quick exchangethe leading DEX on all Polygon chains, will launch QuickPerps: Falkor, a next-generation decentralized perpetual exchange. This integration opens a new level of functionality for DeFi traders on Polygon PoS, with key benefits powered by Orderly’s innovative omnichain vaults:

• Improved liquidity: Orderly’s strong liquidity layer combines with Quickswap’s, enabling leveraged trading with tighter spreads and lower slippage.
• Effortless cross-chain trading: Deposit, withdraw, and trade assets seamlessly across all major EVM chains supported by Orderly, directly from the Falkor vault. No asset bridging is required.
• Gasless Leveraged Trading: Take advantage of Polygon PoS’s fast network and low fees for vault deposits. Leveraged trading within the vault is completely gas-free thanks to Orderly Network.
• CEX type experience: A familiar order book interface powered by Orderly’s CLOB infrastructure simplifies trading for new and experienced users.
• Advanced Command Controls: Manage risk effectively with limit orders, all available in the user-friendly interface.

This collaboration positions Quickswap to become the go-to DEX for leveraged trading on Polygon PoS. By resolving the reorganization issues that plagued previous perpetual protocols, Falkor has the potential to trigger an increase in trading volume on the platform.

Arjun Arora, COO of Orderly Network, said: “The partnership with QuickSwap aligns with Orderly’s mission to equip DEXs with superior infrastructure that allows them to compete with traditional CEXs in terms of functionality and performance. This integration also demonstrates the versatility of Orderly Network, as it allows an automated market maker like QuickSwap to expand its product offering and offer perpetual futures on Polygon PoS for the first time.

Sameep Singhania, Senior Contributor at QuickSwap, said: “Our partnership with Orderly Network marks a significant step forward for QuickSwap and the DragonFi ecosystem. By integrating Falkor with Orderly Network’s omnichain vault system, QuickSwap can offer its users the best leveraged trading experience, with zero fees, high liquidity and a user-friendly interface.

Orderly Network has come a long way in a short time. Since its launch in 2022, Orderly has already surpassed $38 billion in trading volume and integrated some of the world’s most successful decentralized exchanges into its new permissionless liquidity layer. Backed by major investors such as Sequoia China, Pantera Capital, Primitive Ventures, Dragonfly Capital, Jump Crypto, and GSR Ventures, Orderly has quickly gained traction with DeFi builders and traders.

A perfect match for DeFi growth

Polygon PoS’s fast network, cheap fees, and large user base (over 400,000 daily active users) create the ideal environment for DeFi to thrive. Orderly’s robust infrastructure, combined with the reach of Quickswap and the scalability of Polygon PoS, positions this collaboration as a major advancement for omnichain and DeFi trading on Polygon PoS.

“The integration of Orderly Network’s advanced perpetual trading system into Quickswap marks a significant advancement in DeFi on Polygon PoS,” said Jack Melnick, head of DeFi at Polygon Labs. “This development, supported by Orderly’s innovative omnichain vaults, highlights a vision to foster a scalable, efficient and user-friendly DeFi ecosystem.”

About the ordered network

Orderly Network is a combination of order book-based trading infrastructure and a robust liquidity layer offering perpetual spot and futures order books. Unlike traditional platforms, Orderly has no front-end; instead, it operates at the heart of the ecosystem, providing essential services to projects built on top of it.

Orderly Network’s white-label DEX solution is carefully designed to save builders time and capital while providing access to our bootstrapped liquidity. Imagine having the best features of CEX while keeping on-chain settlements and maintaining full self-custody.

With Orderly, anyone can build a trading app with our seamless plug-and-play experience leveraging our liquidity and composability.

Looking ahead, Orderly Network’s big vision is to create an omnichain protocol, connecting traders from EVM and non-EVM chains within the same order book.

For more information, users can visit Orderly Network: Official site | Twitter | Telegram | Discord | Linkedin

Contact

Vibration Director
Drew Pierson
Ordered network
[email protected]

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