Raydium and Oldly在Solana上伪造了PERPS

2025年，在官方$特朗普硬币及其第一夫人的同伴推出之后，索拉纳（Solana）的“总统网络”友善了。

2025 has treated Solana (SOL) kindly thus far, with the launch of the official $TRUMP coin and its First Lady counterpart, $MELANIA. But two Solana projects in particular have been doing much of the heavy lifting behind the scenes to allow degens to do what they do best.

到目前为止，2025年已经对Solana（Sol）进行了友善的态度，随着正式的$ TRUMP Coin和其第一夫人的推出，$ Melania。但是，尤其是两个Solana项目一直在幕后进行许多繁重的工作，以使Degens可以做他们最擅长的事情。

Raydium (RAY), the leading Solana trading protocol, needs no introduction – and neither does Orderly (ORDERLY) these days, the rising star in omnichain liquidity. It’s no coincidence that the upwards trajectory of both projects, as evidenced by their record-breaking volume and rising adoption, follows their integration at the start of the month.

领先的Solana交易协议Raydium（Ray）不需要介绍 - 如今，有序的（有序）也不需要Omnichain流动性的后起之秀。这并非偶然的是，这两个项目的上升轨迹，通过其创纪录的数量和不断增长的采用来证明，在本月初的整合之后。

Orderly’s profile on Solana is now being buoyed by Raydium’s performance – which in turn is being enhanced by the former’s perps orderbook. The integration of Orderly into Raydium has fueled a surge in trading activity, with both protocols experiencing record-breaking volumes in January.

现在，Raydium的表现使Orderly的有关Solana的个人资料促进了这一表现，这反过来又得到了前者的PERPS订购手册的增强。有序融入Raydium的整合促进了交易活动的激增，两种协议在一月份都经历了创纪录的量。

As perpetual trading goes from strength to strength on Solana, the partnership between Orderly and Raydium has positioned the twin projects as the network’s perps powerhouses.

随着永久交易不断增加索拉纳（Solana）的力量，有序与雷迪（Raydium）之间的伙伴关系将双胞胎项目定位为网络的Perps Powerhouses。

On January 23, Orderly noted that its monthly trading volume for the $ORDER token had surged by 157%, with daily trading volumes reaching $190 million.

1月23日，有序指出，其$订单令牌的每月交易量增加了157％，每日交易量达到1.9亿美元。

This growth coincided with Raydium’s integration of Orderly’s perpetual futures infrastructure, a move that has expanded the available trading pairs and unlocked significant liquidity.

这一增长与Raydium融合了有序的永久期货基础设施的整合，此举扩大了可用的交易对并解锁了大量流动性。

On the same day, Blockworks Research posted an X thread highlighting the immediate impact of the collaboration, noting that Orderly’s peak daily volume had reached nearly $500 million following the integration.

同一天，Blockworks Research发布了一个X线程，强调了该协作的直接影响，并指出在集成后，有序的每日峰值量达到了近5亿美元。

The majority of this volume was attributed to organic adoption, suggesting that Raydium’s large user base has quickly embraced the new perpetuals offering.

该卷的大多数归因于有机采用，这表明Raydium的大型用户群迅速接受了新的永久产品。

It also presented the bull case for Orderly and its eponymous token, noting “If 12% of Raydium’s volume shifted to perps (aligned with Jupiter’s DEX/per volume ratio), Orderly’s volume could increase six-fold.”

它还提出了有序及其同名令牌的公牛案例，并指出“如果Raydium的12％的体积转移到PERP（与Jupiter的DEX/每卷比率保持一致），则有序的体积可能会增加六倍。”

It’s an appetizing prospect that, should it come to pass, has the potential to elevate Orderly into the preeminent perps liquidity layer for Solana.

这是一个开胃的前景，如果它通过，则有可能将有序地提升到Solana的杰出PERPS流动性层中。

Raydium has long been a dominant force in Solana DeFi, leading decentralized exchange activity, as evidenced by it pulling in nearly $100 billion in trading volume in January.

长期以来，Raydium一直是Solana Defi的主导力量，这是领先的分散交易活动，这证明了1月份的交易量将近1000亿美元。

The addition of Orderly’s perpetual trading infrastructure has the potential to increase this volume by multiples, giving Raydium’s users access to over 80 trading pairs.

有序的永久交易基础架构的增加有可能通过倍数增加此数量，从而使Raydium的用户可以访问80多对交易对。

Of course, there’s more than one way to measure DEX progress than merely focusing on volume. But whatever indicator you use to examine Raydium’s performance this year, it’s been a good one.

当然，有多种方法可以衡量DEX进度，而不是仅仅专注于数量。但是，无论您使用什么指标来检查今年Raydium的表现，这都是一个很好的表现。

The $RAY token, for example, is up 50% in a month which tells its own story. Raydium’s connection to Pump.fun, whose graduating tokens are deployed as liquidity pools on its protocol, have been another factor in keeping it ahead of the chasing pack in Solana’s ever-competitive trading landscape.

例如，$ ray令牌一个月内增长了50％，讲述了自己的故事。 Raydium与Pump.Fun的连接，其毕业令牌是根据协议的流动性池部署的，它是将其领先于Solana不断竞争的交易环境中的另一个因素。

It’s clear, however, that Raydium sees its fortunes anchored to growing its perps market share with the aid of Orderly, as the pinned tweet on its X profile shows.

但是，很明显，Raydium认为其命运是基于有序的有序的PERPS市场份额，正如X个人资料上的推文所显示的那样。

While Solana has long outstripped all EVM chains combined for DEX volumes, it’s lagged badly when it comes to perps. Not any more.

尽管Solana长期以来超过了所有EVM链的结合在一起用于DEX量，但在PERP方面，它滞后滞后。不再。

Solana is rapidly gaining market share of a DeFi primitive that was once the preserve of EVM-affiliated projects such as GMX.

Solana迅速获得了曾经是EVM附属项目（例如GMX）保存的Defi原始份额。

As the success of other onchain perps protocols such as Hyperliquid shows, the people want perps. And with its battle-tested infra, robust reputation, and willing new partner in the form of Orderly, Raydium is confident it can conquer new ground in 2025.

正如其他OnChain PERPS协议（例如超流动性）所显示的那样，人们想要perps。 Raydium以其经过战斗测试的中红外，强大的声誉以及愿意以有序的新合作伙伴的形式，他确信它可以在2025年征服新地面。

If its January performance is an arbiter of what’s to come, it’s odds on to succeed.

如果其一月份的表现是即将发生的事情的仲裁者，那么成功的可能性。