Orderly reveals top 5 traded pairs over past week
Summary
Orderly has reported the top five most traded pairs over the past week, with Ethereum and Bitcoin leading the list. The platform's Perp Anything feature allows users to create perpetual markets for any asset with a price feed, including equities and commodities, providing builders complete control over revenue generated from trading fees and liquidations. This offering enables trading of these markets 24/7, circumventing the restrictions typically imposed by traditional brokers, thus enhancing global access to a wider variety of assets.
Tokens
$ETH$BTC$BTOR
Analysis
Base: Base is a layer-2 blockchain developed by Coinbase that facilitates fast, low-cost transactions and supports a growing ecosystem of decentralized applications. It is referenced in the news through a specific token address listed among Orderly's top traded pairs, indicating trading activity on assets deployed on the Base network. Bitcoin: Bitcoin is the original cryptocurrency and serves as a primary store of value and trading asset across crypto markets. It ranks as the second-most traded native pair on Orderly, underscoring its central role in perpetual trading activity on the protocol. Orderly: Orderly is a decentralized protocol that provides the matching engine, liquidation, and settlement infrastructure for perpetual futures markets. In this news, Orderly is promoting its Perp Anything feature, which enables anyone to permissionlessly list and operate a perpetual market for virtually any asset with a price feed while retaining significant revenue share. Ethereum: Ethereum is a leading blockchain platform that supports smart contracts and hosts numerous decentralized applications and tokens. It appears as the top-traded native pair on Orderly, highlighting ongoing demand for its perpetual markets within the platform's ecosystem. Bittensor: Bittensor is a decentralized network focused on machine learning and artificial intelligence, with its native token enabling participation in the ecosystem. It features as one of the top five traded native pairs on Orderly, reflecting interest in AI-related perpetual markets. Market Access: Perpetual markets listed via Orderly operate 24/7 without traditional broker restrictions, enabling global access to assets that trade limited hours on conventional exchanges. Product Feature: Orderly's Perp Anything allows builders to list perpetual markets for any asset with a price feed, including equities, commodities, FX, and custom tokens, with full control over revenue from fees and liquidations.
Categories
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