🏔️ Pangolin DAO Launches Perps

Orderly Network has launched two new perpetual trading markets for **$KAITO** (KaitoAI) and **$SKY** (Sky Ecosystem), both offering up to **10x leverage**. This expansion builds on Orderly's growing infrastructure, which now supports: - **400+ DEXs** across 15+ chains - **130+ perpetual markets** (crypto and RWA) - Over **1 million traders** - **$19M+ in cumulative revenue** for DEX builders The platform recently revamped its fee structure, slashing volume requirements by 80% for top tiers and introducing negative maker fees up to -0.2 bps. Traders can now access unified fees across crypto and RWA markets. Orderly enables permissionless perp listings where creators earn up to 1.5 bps on trading volume across the entire network. DEXs can be built in approximately 30 minutes with no coding required, earning trading fees from day one with instant shared liquidity.

Orderly Network has listed **$SKHY** for trading across its decentralized exchange infrastructure. **Key Features:** - Trade $SKHY with up to **10x leverage** on any Orderly-powered DEX - Launch your own exchange with $SKHY and 100+ markets for **$10** - Platform now supports both **$SKHY and $SKHYNIX** tokens Orderly continues expanding its token offerings, following recent listings of $KORU and $SKHYNIX. The infrastructure allows builders to deploy their own perpetual DEX in approximately 30 minutes. [Launch your exchange](http://dex.orderly.network/?utm_source=oex&utm_medium=social&utm_campaign=rwa)

Orderly Network has released SDK versions v3.1.4 and v3.1.5 with three key updates: **ADI Chain Integration** - Builders can now integrate and onboard users from the ADI ecosystem through native chain support **Referral System Enhancements** - Affiliates can add remarks or descriptions to direct referrals for better organization and user management - Maximum referral code length extended to 15 characters, offering more flexibility in code creation These updates build on the SDK v3 release, which introduced the Module Marketplace for sharing frontend customizations and a plugin system for custom module development.

Orderly Network now allows anyone to create permissionless perpetual futures listings across its 400+ DEX ecosystem. **Key Details:** - List creators earn up to 1.5 basis points on every dollar of volume traded - New pairs go live instantly on platforms like [Raydium](https://raydium.io) and [Kodiak](https://kodiak.fi) - No approval process or gatekeepers required **The Ecosystem:** Orderly's network has grown to 400+ DEXs that have collectively earned $19M+ in revenue. Top performers include Vanta Exchange ($53.3M weekly volume), Alpix ($42.9M), and Raydium ($35.7M). The platform offers 120+ markets including crypto and 30+ real-world assets (stocks, FX, commodities). Anyone can launch their own DEX for $10 in under 30 minutes using Orderly One. This permissionless listing model contrasts with traditional exchanges that require token allocations, lengthy negotiations, and market maker agreements.

**Orderly Network has expanded its real-world asset (RWA) offerings to include foreign exchange trading.** - Traders can now access **$JPY/USD and $EUR/USD perpetual contracts** on decentralized exchanges powered by Orderly - This follows the recent launch of **$QQQ**, a permissionless perpetual market tracking the NASDAQ 100 - Orderly's RWA suite now covers **stocks, indexes, currencies, and commodities** The infrastructure allows any DEX built on Orderly to enable trading across all RWA markets and launch their own listings. The platform continues to expand its omnichain trading capabilities, bringing traditional financial instruments to decentralized trading venues.