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Cryptocurrency News Articles

Orderly Network Expands to Avalanche, Strengthening Cross-Chain Liquidity

Nov 11, 2024 at 10:02 pm

Orderly Network, known for its cloud-based liquidity infrastructure, is expanding to Avalanche, a blockchain platform recognized for its high-speed and scalable design for dApps and custom blockchain networks.

Orderly Network Expands to Avalanche, Strengthening Cross-Chain Liquidity

Key highlights:

* Orderly Network, a decentralized trading infrastructure provider, is integrating with Avalanche, a blockchain platform for decentralized applications.

* This integration will enable Avalanche users to access liquidity from both EVM-compatible and non-EVM chains, facilitating faster and scalable cross-chain trading.

* Orderly Network's cross-chain orderbook will be used to consolidate orders from multiple chains, providing deeper liquidity and more competitive spreads for traders.

* The integration will complement Avalanche's high-speed and scalable design, which can handle over 4,500 transactions per second.

* This move is part of Orderly Network's broader strategy to enhance cross-chain liquidity and decentralized finance, which already includes support for Polygon, Ethereum mainnet, Optimism, and other chains.

News source:coincodex.com

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