Raydium Leads DEX Deposits as New Players Enter Top 5
Raydium Leads DEX Deposits as New Players Enter Top 5
🔄 New DEXs crash rankings

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.
Orderly Vaults Feature Onchain Performance Tracking and DEX Fundraising Options

Orderly Network's Permissionless Vaults now include **publicly visible onchain performance records**, allowing users to track how strategy providers execute their trading approaches. The vaults serve a dual purpose: - Transparent performance monitoring for vault participants - An **additional fundraising channel** for decentralized exchanges (DEXs) building on Orderly This feature builds on Orderly's recent infrastructure developments, which include: - $10 perp DEX deployment costs - Permissionless vault creation (launched April 29) - Permissionless listings for any asset - Negative maker fees up to -0.5 bps The OmniVault, Orderly's main liquidity vault serving 300+ perp DEXs, currently offers 18.5% APY. Strategy providers can create vaults for market making, sector trading, or custom approaches. Learn more: [app.orderly.network/vaults](http://app.orderly.network/vaults)
AI Agents Now Build and Customize Perpetual DEXs on Orderly Network
Orderly Network has introduced AI agent integration through Starchild, enabling automated development of perpetual decentralized exchanges. **Key capabilities:** - Create custom features for Orderly-powered perp DEXs - Generate go-to-market plans automatically - Build automated trading strategies - Construct perp DEXs from scratch - Implement tools like tradeable geo-politics maps and live news terminals The workflow is straightforward: ask an AI agent to launch a perp DEX using Orderly MCP/skills, brainstorm new features, and have the agent implement them directly into your Github repository. This integration aims to lower technical barriers for builders wanting to create trading platforms across any blockchain using Orderly's omnichain infrastructure.
DEXs Share Why They Build on Orderly: Speed, Cost, and Security

**Why DEXs Choose Orderly Network** Developers building perpetual DEXs on Orderly cite four key advantages: - **Rapid deployment**: Launch a perp DEX in under 24 hours - **Low barrier to entry**: Free to create, with revenue features costing just $10 - **Ready infrastructure**: Access 100+ trading markets across 12+ chains immediately - **Battle-tested security**: Proven, secure solution versus building from scratch This follows Orderly's recent introduction of negative maker fees (up to -0.5 bps), allowing DEXs to pay traders rebates for placing limit orders—another tool for growth alongside permissionless listings and vaults.
Orderly Network Burns 3.25M $ORDER Tokens, Restructures Fee Distribution

Orderly Network's third governance proposal has been implemented, introducing significant changes to tokenomics: **Key Changes:** - **3.25M $ORDER tokens** permanently burned from circulation - Buyback allocation **reduced from 60% to 30%** of net fees - **100% of buybacks** now distributed to stakers as esORDER (previously split) - Community-governed wallet **retired** - Protocol now **retains 70% of net fees** for product development and growth The restructuring shifts focus toward protocol sustainability while maintaining staker rewards through concentrated buyback distribution. The token burn reduces total supply, while the increased fee retention aims to fund ongoing development of the omnichain trading infrastructure.
Orderly Network Slashes Graduation Fees to $10

Orderly Network has reduced its graduation fees by 90% again, bringing the cost down from $100 to just $10. **Key Details:** - Builders can create a customized perpetual DEX for free - After a one-time $10 graduation payment, projects start earning trading fee revenues indefinitely - This marks the second 90% fee reduction, down from the original $1,000 price point The move significantly lowers the barrier to entry for developers looking to launch their own perpetual trading platforms on Orderly's infrastructure.