Leading cloud liquidity infrastructure Orderly Network has announced that it has expanded to Avalanche, a high-performance blockchain platform designed to support custom blockchain networks and decentralized applications. It solves issues with scalability, centralization, and poor transaction speeds that were present in previous blockchain systems.
Avalanche is renowned for its efficiency; it can complete a transaction in less than two seconds and execute over 4,500 transactions per second. Avalanche’s consensus process, which securely validates transactions, is one of its distinctive features. This system, which sets a high bar for blockchain technology, is designed to be safe, quick, and energy-efficient using the patented Avalanche consensus.
By combining all orders into one shared orderbook across many chains, Orderly Network’s cloud liquidity infrastructure improves trading efficiency. Deeper liquidity and narrower spreads are provided by this method, which unifies the liquidity landscape. Built on top of the OP Stack, the Orderly Chain serves as the settlement layer and ledger for all transactions by combining LayerZero’s cross-chain messaging protocol with Celestia’s data availability.
Builders can quickly implement futures trading solutions and create a wide variety of financial products for traders using Orderly’s cutting-edge on-chain orderbook and deep liquidity solutions. Through front-end interfaces linked to Orderly’s sophisticated perps infrastructure Orderly reduces the risks involved in cross-chain bridging and wrapped asset transfer, freeing developers to concentrate on improving user experience.
Polygon, Arbitrum, Optimism, Base, Ethereum mainnet, and Mantle are the six chains that Orderly now supports; Solana will be added shortly. This Avalanche expansion improves liquidity and expands access to the ecosystem by enabling traders on Avalanche to easily communicate with EVM and non-EVM traders from other well-known chains.
This expansion is an important turning point for Orderly Network and demonstrates its dedication to increasing liquidity availability and developing safer, more effective trading options. Orderly is positioned to link an even larger community of developers and traders by integrating with Avalanche, encouraging innovation and establishing new benchmarks for cross-chain trading in the future.
Source: https://thenewscrypto.com/orderly-network-expands-cloud-liquidity-to-avalanche-boosting-cross-chain-trading-efficiency/