- Raydium teams up with Orderly Network to bring perpetual futures trading to Solana, enhancing liquidity and trading options.
- Orderly’s omnichain orderbook connects over 30 DEXs, enabling deeper liquidity and tighter spreads for Solana traders.
- This integration positions Solana to compete with EVM networks by addressing gaps in infrastructure and perps liquidity.
In a major step forward for Solana’s decentralized finance (DeFi) scene, leading decentralized exchange (DEX) Raydium has partnered with Orderly Network to bring perpetual futures trading to its platform. This integration, powered by Orderly’s innovative omnichain orderbook, makes Raydium the first DEX in Solana’s ecosystem to utilize Orderly’s advanced liquidity solution for perpetual contracts.
Why This Matters
Raydium isn’t just another DEX—it’s a big deal in the Solana community. With a user base of over 8.4 million and more than 600,000 daily active traders, it’s a powerhouse for spot trading. Now, with the introduction of Orderly-powered perpetuals, Raydium is giving its users more ways to trade by offering access to leveraged futures markets backed by deep liquidity.
The Tech Behind the Integration
This game-changing feature became possible after Orderly Network deployed its omnichain orderbook on Solana in December. Thanks to its mainnet launch, Solana-based protocols like Raydium can now tap into liquidity from a massive pool that spans over 30 DEXs and supports 73 perpetual contracts. It’s like giving Solana’s traders a fast pass to deeper, more efficient markets.
What the Experts Say
Ran Yi, Co-Founder of Orderly Network, couldn’t have put it better:
“Raydium’s integration with Orderly Network is a game-changer for Solana’s DeFi ecosystem. Combining Raydium’s polished user interface and proven protocol with Orderly’s omnichain liquidity infrastructure is a big leap forward. This partnership brings advanced perpetual trading solutions to Solana, making way for more markets and deeper liquidity.”
Addressing Solana’s Weak Spot
While Solana has been a leader in spot trading, it’s trailed behind Ethereum Virtual Machine (EVM) networks when it comes to perpetual futures (a.k.a. “perps”). The main culprits? A lack of liquidity and the absence of optimized infrastructure. This partnership looks like the solution Solana has been waiting for.
Orderly’s cloud-based liquidity system changes the game. By uniting orders from multiple blockchains into a single shared orderbook, it delivers tighter spreads and more trading efficiency. For traders, that means a smoother experience and fewer headaches.
What This Means for DeFi on Solana
With Raydium launching perpetual futures markets using Orderly’s technology, traders on Solana will have access to a broader range of DeFi tools. This move doesn’t just elevate Raydium—it raises the bar for the entire Solana ecosystem. Expect more dynamic, liquid markets that compete with what’s available on other networks.
A New Era for Solana Trading
The integration of Raydium and Orderly Network marks a turning point for Solana’s DeFi journey. By combining advanced infrastructure with Raydium’s trusted platform, this collaboration paves the way for a more competitive, trader-friendly ecosystem. Whether you’re a seasoned trader or new to perps, this partnership is opening doors to opportunities that weren’t available before.
