Orderly introduces PokéDEX for safer Pokémon card perps
Summary
PokéDEX has been launched as a dedicated platform for trading Pokémon card perps, utilizing the Orderly framework to enable these transactions. This initiative stands apart from previous efforts, such as Trove Markets, by ensuring that users do not face the same risks commonly associated with other platforms. Orderly's flexibility allows for the creation of perps on any asset, including collectibles like Pokémon cards, as long as there is sufficient price feed and liquidity available.
Analysis
Orderly: Orderly Network is a decentralized protocol that provides infrastructure for perpetual futures trading on various assets across blockchains. It supports custom perps markets when users source price feeds and liquidity. The PokéDEX project is being built directly on Orderly to offer Pokémon card perps as a safer alternative to prior platforms. ZARD-PERP: ZARD-PERP is presented as an example perpetual contract linked to a Pokémon card asset. It demonstrates Orderly's flexibility in supporting perps beyond standard tokens or traditional assets. Trove Markets: Trove Markets is a platform previously involved in offering perpetual contracts in crypto markets. It has been associated with risks such as rug pulls for participants. The news highlights PokéDEX on Orderly as avoiding those issues. Project Positioning: PokéDEX is positioned as the dedicated home for Pokémon card perps on Orderly, distinguishing itself from earlier platforms like Trove Markets. Platform Flexibility: Orderly allows perps to be built on any asset, including collectibles like Pokémon cards, provided a price feed and liquidity are available.
Categories
cryptodefiperps