Unibot Trading Competition Launches with $2,500 Prize Pool

**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.

**Governance Proposal #3 Implementation** Orderly Network's third governance proposal has officially taken effect, introducing significant changes to tokenomics and fee distribution: **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 initiatives **Impact on Stakers:** While the buyback percentage decreased, stakers now receive the entire buyback allocation rather than a portion, potentially offsetting the reduction. The token burn reduces overall supply, which may impact long-term token economics. The shift allocates more resources toward protocol development while maintaining staker rewards through a more direct distribution mechanism.

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.

Orderly Network has implemented a multi-select voting mechanism where **silence equals deprecation**. Each chain requires **10% of total voting power** to remain active. **Key voting mechanics:** - Voters only select chains they want to retain - Full voting power applies independently to each chain - Default outcome is deprecation without votes - No vote cast = automatic removal The previous round saw 6,000+ votes narrow 18 chains down to group winners. This streamlined approach forces active community participation to maintain chain support.

Orderly Network is moving to consolidate its multi-chain presence after data shows uneven adoption across its 18+ supported blockchains. **Key findings:** - A small number of chains account for the majority of trading volume, builder activity, and total value locked (TVL) - Most supported chains contribute minimally while requiring ongoing operational and security resources - Solana leads with $8.6M in TVL, more than any other chain in the Orderly ecosystem **Next steps:** The protocol plans to focus resources on networks with demonstrated user activity rather than maintaining broad but underutilized chain support. This shift reflects a broader industry trend toward strategic chain selection over maximum multi-chain coverage.