Orderly 

ORDER Price

What is Orderly Network?

Orderly Network is a permissionless omnichain trading infrastructure that runs a unified on-chain order book with shared liquidity across 16+ chains. Trading-app developers use Orderly's APIs and SDKs to launch branded perpetual DEXs on this liquidity layer and earn builder-owned fee revenue from more than 130 markets. The project was founded in 2022, started on NEAR and later moved to an omnichain architecture, with ecosystem heritage tied to WOOFi and the WOO Network. DropsTab classifies ORDER under Perpetual and DeFi.

How is the ORDER token used?

ORDER is the utility and governance token of Orderly Network. The token funds rewards programs for traders, market makers and builders, and carries governance rights over the network. ORDER is deployed on existing blockchains: one contract address runs on Arbitrum One, Optimism and Polygon, with a separate contract on Ethereum. Orderly Network does not operate its own layer-1 chain, so ORDER functions as an infrastructure token rather than a native network coin.

What is ORDER's tokenomics and maximum supply?

Per DropsTab data, the maximum supply of ORDER is capped at 1,000,000,000 tokens, and total supply matches this cap. Team & Advisors hold the largest allocation at 20% (200 million ORDER). Strategic Investors hold 15%, Trading Rewards 15%, and the Retroactive Airdrop 13.3% (133 million ORDER). Market Making Rewards account for 10%, Builder Rewards and Future Product Launches for 8.35% each, and the Foundation for roughly 10%. Team and Strategic Investors together control 35% of supply.

How does ORDER's vesting and unlock schedule affect sell pressure?

The token generation event took place on August 26, 2024. On that day, the full 133 million ORDER airdrop plus a Foundation tranche of about 38.5 million entered circulation, putting more than 17% of supply on the market at once. Since TGE, the Foundation allocation has emitted linearly on a daily schedule. Per DropsTab vesting data, the calendar tracks 2,983 scheduled unlock events, including the Team & Advisors and Strategic Investors buckets. This structure creates recurring sell pressure well past TGE.

Who are Orderly Network's investors?

DropsTab fundraising data shows $25M raised across two strategic rounds. The June 2022 round brought in $20M, led by Pantera Capital, Dragonfly Capital and HongShan (ex-Sequoia China), with participation from Jump Crypto, Amber Group, GSR, Crypto.com, WOO Network, Gate Ventures and MEXC. A second strategic round on August 15, 2024 added $5M from OKX Ventures, Nomad Capital, Presto Labs, Manifold Trading, LTP and Origin Protocol. A KuCoin GemPool sale of 750,000 ORDER followed on August 26, 2024.

What does Orderly Network's fundraising signal about project maturity?

The backer list combines Tier 1 venture funds with trading venues. Pantera Capital, Dragonfly Capital, HongShan and Jump Crypto anchored the 2022 round, and exchange backers include OKX Ventures, Crypto.com, MEXC and Gate Ventures. The 2024 round added liquidity-focused firms Presto Labs, Manifold Trading and LTP shortly before the token's market debut. One caveat: the 2022 cap table names Three Arrows Capital and Alameda Research, both of which no longer operate.

Which Launchpool campaigns distributed ORDER at listing?

Multiple exchange campaigns accompanied the token launch, and all have ended. Bybit ran a Launchpool from August 26 to September 2, 2024 with a prize pool of 9,000,000 ORDER. Bitget ran one from August 26 to September 5, 2024 with 2,600,000 ORDER. KuCoin featured ORDER in its GemPool from August 26 to September 13, 2024. DropsTab lists no active earning campaigns for the token.

What did the ORDER retroactive airdrop distribute?

The Retroactive Airdrop distributed 133 million ORDER, equal to 13.3% of total supply, to prior users of the Orderly ecosystem. Distribution took place at the token generation event on August 26, 2024. The full allocation unlocked at once, with no vesting applied to airdrop recipients. This was the single largest unlock event in ORDER's vesting calendar.

Where can I buy ORDER, and how is liquidity split between CEX and DEX?

Per DropsTab data, ORDER trades on more than 20 spot venues. Korean won books run on Upbit, Bithumb and Coinone, US dollar books on Kraken and Crypto.com Exchange, and USDT books on Gate, Bybit, KuCoin, Bitget, MEXC and HTX. Perpetual futures trade on Binance, OKX, Bybit, KuCoin and other venues. On-chain liquidity sits on PancakeSwap V3 and Uniswap V4 on Ethereum, and this DEX depth is thin relative to the centralized books, so large on-chain orders face slippage.