Orderly's Governance Proposal Passes: Major Changes Coming
Orderly's Governance Proposal Passes: Major Changes Coming
🗳️ Orderly's big pivot...

Orderly's second governance proposal has passed, bringing significant changes to the protocol's fee structure and staking rewards.
Key Changes (2-month buildout):
- 60% of net fees will fund ORDER buybacks on the open market
- 50% of buybacks go to stakers as esORDER rewards (replacing USDC)
- Remaining 50% flows to a community-governed wallet
Technical Upgrades:
- New VALOR system launches, tied to esORDER treasury
- Current VALOR shares transfer 1:1 to new system
- Stakers can claim existing USDC while keeping VALOR benefits
What's Next:
Community discussions will begin soon to design the initial framework for the community wallet usage.
This marks a shift from USDC rewards to a buyback-driven model aimed at reducing ORDER supply and creating more sustainable value.
1/ Our 2nd governance proposal passed a few days ago. Here’s what happens next (buildout ~2 months): Fee flows - 60% of net fees will go into ORDER buybacks on the open market. - 50% of those buybacks will flow to stakers → rewards pivot from USDC to bought-back esORDER. -
We’re talking big changes to $ORDER buybacks & staking. The first Orderly Improvement Proposal (OIP-1) is now live, redirecting up to 60% of protocol net fees to buybacks, while keeping Staking and VALOR utility intact. Join the conversation on Orderly's forum:
New Governance Proposal is LIVE Redirect up to 60% of fees into $ORDER buybacks. 50% → stakers (esORDER, 3mo vest) 50% → community wallet (use decided via vote) USDC rewards retired → claimable treasury VALOR transitions seamlessly into new esORDER system. Vote 👉
🗳️ Governance is live on Orderly. We’re officially turning the keys over to the community. In a few days, we’ll post our first major governance proposal. 🕒 Only wallets staking $ORDER before the proposal goes live can vote. Want a say? Stake now.
Orderly’s first ever governance proposal is live. It’s an important one. We’re proposing to: Pause VALOR emissions Use up to 60% of revenue to buy back $ORDER Send those tokens to a community-controlled vault It’s the first buyback engine for Orderly. 🧵👇
Raydium Leads DEX Deposits as New Players Enter Top 5

**Top DEXs by User Deposits (Past 7 Days)** - **Raydium** maintains the #1 position for user deposits - **Aden** holds second place - **KodiakFi** ranks third - **VeltoApp** takes fourth - **Pangolin** rounds out the top five Several new decentralized exchanges have entered the rankings, indicating shifting user preferences in the DEX landscape. This follows last week's revenue data showing which platforms generated the most fees from trading activity.
KodiakFi DEX Volume Surges 730% Week-Over-Week on Orderly Network

**KodiakFi**, a decentralized exchange powered by Orderly Network, has experienced significant growth in trading activity. **Key Metrics:** - Trading volume increased **730% week-over-week** - Over **$180 million** traded in the past 7 days - Single-day volume exceeded **$100 million** on January 31 KodiakFi operates as a gold-tier DEX on Orderly Network, having staked 250,000 $ORDER tokens. The platform was built using Orderly ONE infrastructure and has established itself as a top-3 DEX within the Orderly ecosystem. The surge in volume demonstrates growing adoption of the platform and its integration with Orderly's omnichain trading infrastructure.
Orderly Enables AI Agents to Trade Autonomously on Perpetual DEXs
Orderly Network is positioning itself as infrastructure for **programmatic markets**, specifically targeting AI agents for autonomous trading on perpetual DEXs. The platform's **no-code DEX launcher** (Orderly One) has seen rapid adoption: - **493 perpetual DEXs created** in under 2 days since launch - **3 DEXs already upgraded** and generating revenue - **9,705 $ORDER tokens purchased and burned** for DEX upgrades Key features: - Agents can trade on perp DEXs **autonomously** - Built specifically for **programmatic markets** - Quick deployment (one example DEX launched in 5 minutes) Live examples include whoistherabbit.com, perpsdex.com, and kmx.exchange. The infrastructure combines DEX transparency with CEX-like speed across multiple blockchains.
Smaug Vault Delivers 295% APY Over Past Month

Smaug Vault has generated a 295% annual percentage yield over the last 30 days. This performance represents a significant return for vault participants during this period. The vault operates on Orderly Network's infrastructure. **Key metrics:** - **295% APY** achieved over 30-day period - Performance measured through February 1, 2026 The vault's returns come from trading activity and liquidity provision across Orderly's omnichain infrastructure.
Orderly Network Highlights Shared Liquidity Solution for New DEX Launches
Orderly Network is positioning its shared liquidity infrastructure as an alternative to traditional market maker arrangements for new decentralized exchanges. The platform outlines typical challenges faced by new DEXs: - Market maker negotiations taking 3-6 months - Six-figure minimum guarantees required - Ongoing rebate management - Immediate user complaints about slippage - Thin order books until trading volume develops Orderly offers access to its existing liquidity pool that processes billions in volume, allowing new DEXs to launch with deeper order books from day one. The infrastructure operates across multiple blockchains, combining decentralized exchange transparency with centralized exchange performance characteristics. [Learn more about Orderly Network](https://dex.orderly.network/)