Orderly Network and Quickswap Partnership

Published on: 28.05.2024
Orderly Network and Quickswap Partnership

Orderly Network has partnered with Quickswap to launch QuickPerps: Falkor, a next-generation decentralized Perpetual Exchange.

This integration unlocks a new level of functionality for DeFi traders on Polygon PoS, with key benefits powered by Orderly’s innovative omnichain vaults:

  • Enhanced Liquidity: Orderly’s robust liquidity layer combines with Quickswap’s, enabling leveraged trading with tighter spreads and minimal slippage.
  • Effortless Cross-Chain Trading: Deposit, withdraw, and trade assets seamlessly across all major EVM chains supported by Orderly, directly from the Falkor vault. No asset bridging required.
  • Zero-Gas Leverage Trading: Enjoy Polygon PoS’s fast network and low fees for vault deposits. Leverage trading within the vault happens entirely gas-free thanks to Orderly Network.
  • CEX-Like Experience: A familiar orderbook interface powered by Orderly’s CLOB infrastructure simplifies trading for both new and experienced users.
  • Advanced Order Controls: Manage risk effectively with stop-loss, take-profit, and limit orders – all available within the user-friendly interface.

This collaboration positions Quickswap to become the go-to DEX for leverage trading on Polygon PoS. By solving the re-org issues that plagued previous perpetual protocols, Falkor has the potential to ignite a surge in trading volume on the platform.

Polygon PoS’s fast network, cheap fees, and large user base (over 400k daily active users) create the perfect environment for DeFi to thrive. Orderly’s robust infrastructure, combined with Quickswap’s reach and Polygon PoS’s scalability, positions this collaboration as a major step forward for omnichain trading and DeFi on Polygon PoS.

 

About Orderly Network

Orderly Network is revolutionizing trading with its permissionless liquidity layer. Built on omnichain infrastructure, Orderly incepts deep liquidity for any asset across blockchains. It empowers any and all developers to connect and offer a comprehensive selection of financial products for retail and professional traders alike, without the risks of wrapped asset movement through cross-chain bridging. Imagine a DeFi CME, open to all.

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About QuickSwap

QuickSwap is the leading DEX on Polygon PoS, Polygon zkEVM, and Dogechain that’s fully decentralised and community-driven, building a comprehensive suite of DeFi products called the DragonFi ecosystem. It’s renowned for its high-performance, cost-efficient DeFi platforms, and pioneering role in onboarding new users and capital to the broader Polygon ecosystem.

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SOURCE:
https://orderly.network/blog/orderly-network-perpetuals-trading-polygon-pos-quickswap/

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