Orderly launches Permissionless Vaults

Orderly Network launched Permissionless Vaults, which let users spin up a strategy, connect an API, and have any DEX on the network distribute it — turning listing collateral into a community-funded mini omnivault. Eight community vaults are already running. The feature builds on Perp Anything, where owning a DEX with $25K withdrawable collateral allows listing any market in minutes while keeping 100% of liquidation income and 50% of Orderly-side trading fees.