Raydium partners with Orderly Network to introduce perpetual futures trading on Solana

From Investing.com

January 09, 2025 01:30:33 PM:

Leading DEX Raydium partners with Orderly Network to introduce perpetual futures trading on Solana, offering deep liquidity and leveraged trading opportunities. Raydium, with 8.4 million active users, becomes the first Solana DEX to utilize Orderly’s advanced perps liquidity solution, enhancing the DeFi ecosystem on Solana.

Orderly Network’s omnichain orderbook deployment on Solana enables the integration with Raydium, connecting liquidity from over 30 DEXs and 73 perpetual contracts. This collaboration aims to bring advanced perpetual trading solutions to Solana, addressing the lack of liquidity and optimized infrastructure that have hindered perps trading on the network.

Raydium’s launch of perpetual futures markets using Orderly’s technology is expected to enhance trading opportunities on Solana by providing deeper liquidity and tighter spreads. This integration signals a new chapter in the evolution of Solana’s DeFi landscape, creating more dynamic and liquid markets for traders to explore and participate in.

Read more at Investing.com: Raydium Integrates With Orderly Network to Launch Solana Perpetual Futures By Chainwire