Orderly Network Reports Strong Growth in January 2025

Orderly Network has launched a new governance proposal to redirect up to **60% of protocol fees** into $ORDER buybacks. **Key Changes:** - 50% of buyback tokens go to stakers as **esORDER** (3-month vesting) - 50% allocated to community wallet (usage decided by vote) - **USDC rewards retired** but remain claimable from treasury - VALOR tokens transition into new esORDER system This builds on their first governance proposal from August 4th, which introduced the buyback mechanism to replace idle USDC rewards with active token supply reduction. **The Trade-off:** Stakers lose USDC yield but gain governance rights and potential token appreciation through supply reduction. At current levels, this could remove 12% of $ORDER supply annually. The community-controlled vault gives token holders full decision power over bought-back tokens - whether to burn them, seed liquidity, fund grants, or incentivize builders. [Vote on the proposal](https://snapshot.box/#/s:orderlygov.eth/proposal/0xbfdf6eb7d49b37f901ad0746b21d6ee70093ba21519486ca5254872f5c2ab34e)

The Kaito leaderboard experienced technical issues that made it display incorrectly, but the team quickly rolled back the changes after listening to community feedback. The platform returned to normal functionality, showing the team's responsiveness to user concerns. **Key Points:** - Leaderboard glitch was quickly identified and fixed - Team prioritized community input in decision-making - August contest winners will be announced soon This follows their successful July Kana Perps Volume Leaderboard Contest that generated millions in trading volume over 4 weeks.

Orderly Network continues building its **omnichain trading infrastructure** that connects liquidity across multiple blockchains. The platform now supports a **shared order book across 14 blockchains**, creating unified liquidity pools that developers can integrate into their applications. Key developments: - Infrastructure designed for unlimited exchange integrations - Single liquidity source spanning all supported chains - Trading infrastructure that combines DEX transparency with CEX performance This expansion aims to **simplify cross-chain trading** by eliminating fragmented liquidity across different blockchain networks. Developers can now access consistent order flow regardless of which blockchain their application operates on. The infrastructure serves as building blocks for DeFi applications, allowing seamless integration without requiring separate liquidity management for each blockchain.

**Orderly Network** is developing omnichain trading infrastructure to unify liquidity across multiple blockchains. The platform aims to create **seamless dApp integration** for builders on any blockchain, combining: - **DEX transparency** and composability - **CEX speed** and performance This infrastructure serves as trading building blocks for the **perpetual futures market**, enabling developers to integrate advanced trading features without building from scratch. The omnichain approach addresses **liquidity fragmentation** across different blockchain networks, potentially improving trading efficiency and user experience in decentralized finance.

**New trading pairs launched** on decentralized exchanges across EVM and Solana networks. - **API3** and **Bitcoin Cash (BCH)** futures now available - Up to **10x leverage** trading supported - Both long and short positions enabled Traders can access these pairs through multiple DEX platforms including WOOFi, Saros, Raydium Protocol, and others. This follows recent listings of UNI, DOT, and OKB futures with similar leverage options across the same network infrastructure.