BTSE Exchange will list the Orderly Network (ORDER) token on September 11, 2024, making it available for spot trading. Additionally, ORDER will be listed on BTSE’s wider ecosystem of 20+ white label crypto exchanges, enabling better liquidity and pricing. Users will be able to trade ORDER via the ORDER/USD, ORDER/USDT, and ORDER/USDC trading pairs.
Key Dates
- Deposits enabled: 4:00PM (Singapore Time) on September 10, 2024
- Trading enabled: 4:00PM (Singapore Time) on September 11, 2024
- Withdrawals enabled: 4:00(Singapore Time) on September 11, 2024
Orderly Network, a leading Layer 2 solution providing trading infrastructure and omnichain liquidity, successfully launched its highly anticipated $ORDER token on August 26, 2024. This launch marks a significant step in Orderly’s mission to transform decentralized finance, offering a CEX-like trading experience with transparency and self-custody across decentralized networks. With over $80 billion in trading volume and 290,000+ wallets, Orderly Network is set to redefine DeFi with its robust infrastructure and key partnerships with Google Cloud, LayerZero, and Celestia.
The $ORDER token serves as a crucial element of the network’s decentralized ecosystem, further solidifying Orderly’s status as a transformative player in the world of decentralized finance. With integrations across multiple blockchains and support from major exchanges like BTSE and WOO, Orderly Network is set to become a leading force in omnichain trading, offering unparalleled liquidity and execution speed.
What You Need to Know About the $ORDER Token
The $ORDER token is pivotal to Orderly’s ecosystem, supporting staking, governance, and rewards. By staking $ORDER, users earn a share of trading fees in USDC, boost trading rewards, and participate in decentralized governance decisions. As the ecosystem expands, additional utilities will be introduced, enhancing the token’s role within the platform.
What Is $ORDER Token Used For?
Primarily, $ORDER is used for:
- Staking: Earn rewards and a share of trading fees.
- Governance: Influence key platform decisions.
- Rewards: Boost your trading and market-making incentives.
Orderly Network Tokenomics
The tokenomics of $ORDER involve a total supply of 10 billion tokens, with the following breakdown:
- Ecosystem Development: 55% for incentives and rewards.
- Team & Advisors: 20% with a vesting schedule.
- Strategic Investors: 15% allocated to early supporters.
- Community Treasury: 10% for platform needs and liquidity.
This balanced allocation supports long-term growth, rewards participants, and ensures the sustainability of the platform. The staking mechanism provides governance rights and access to additional benefits, such as increased trading rewards based on staked amounts.
Deposit/trade ORDER tokens on the BTSE website or mobile app here.
For more information, visit Orderly’s official website or whitepaper.
Trade on the go — download the BTSE mobile app (iOS/Android).
Our aim is to create a platform that offers users the most enjoyable trading experience. If you have any feedback, please reach out to us at support@btse.com or on X @BTSE_Official.
Disclaimer: BTSE blog content is intended solely to provide varying insights and perspectives. It does not constitute financial, legal, or investment advice and should not be relied upon as such. The views expressed are not necessarily those of BTSE. Unless otherwise noted, they do not represent the views of BTSE and should in no way be treated as investment advice. Trading involves substantial risk due to market volatility, and past performance is not indicative of future results. Always trade with caution and consider seeking advice from a qualified professional before making any financial decisions.
