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Cryptocurrency News Articles

Global Crypto Exchange Kraken Lists Orderly’s Native $ORDER Token for Trading

Apr 25, 2025 at 01:19 am

New York, New York, April 24th, 2025, Chainwire

Global Crypto Exchange Kraken Lists Orderly’s Native $ORDER Token for Trading

New York, New York, April 24th, 2025, Chainwire

Global crypto exchange Kraken is to list Orderly’s native token, $ORDER, for trading on April 25. The new market on Kraken will deepen liquidity for the DeFi token and enhance access to Orderly’s growing onchain ecosystem.

Orderly is the infrastructure that lets people trade anything, anywhere via a permissionless liquidity layer that delivers deep, unified liquidity across all blockchains through a single orderbook. The protocol’s economic stability is supported by $ORDER, which also incentivizes liquidity provision. $ORDER stakers earn 60% of all fees Orderly generates across its omnichain liquidity solution, which is used industry-wide by decentralized exchanges and perps protocols.

The $ORDER token is being listed by a 35th exchange in total, elevating it into a leading DeFi asset that forms the gateway to Orderly’s growing liquidity layer. More than $100B in cumulative daily trading volume is executed via Orderly’s permissionless liquidity layer through the dozens of DEXs and protocols it supports.

“Kraken is the OG of crypto exchanges, having been there from the start, and it remains the preferred platform today for millions of retail and institutional traders. Its decision to list $ORDER is welcomed and aligns with Orderly’s goal of deepening liquidity for all crypto assets,” said Ran Yi, Orderly Co-Founder. “Kraken’s listing will also provide a jumping-off point for users who wish to further explore opportunities for utilizing their $ORDER tokens for staking and to share in Orderly protocol revenue.”

To date, over 30 DeFi projects have integrated Orderly’s permissionless liquidity layer, which consolidates liquidity into a unified orderbook. This allows new DEXs and networks to launch with deep liquidity in place, providing a sustainable foundation with which to attract users while ensuring an optimum trading experience.

Over 20 top-tier market makers contribute liquidity to Orderly’s ecosystem, enabling onchain perps protocols to offer narrower spreads and traders to perform large swaps with minimal price impact. Orderly now supports over 110 markets, leveraging an orderbook design that delivers liquidity comparable to centralized exchanges. As more partners adopt Orderly’s infrastructure, its trading volume is expected to grow, further solidifying its position as the preeminent web3 liquidity layer.

Kraken’s decision to list $ORDER will support this goal while drawing further attention to Orderly’s decentralized liquidity solution and the opportunities for $ORDER stakers to capture the upside of the protocol’s further growth.

About Orderly

Orderly is the infrastructure that lets people trade anything, anywhere via a permissionless liquidity layer that delivers deep, unified liquidity across all blockchains through a single orderbook. Orderly ensures robust liquidity across major chains such as Solana, Sonic, Arbitrum, Base, Mantle, Ethereum Mainnet, OP, and Polygon, and grants traders and exchanges access to over 100 markets through their unified trading infrastructure.

Learn more: https://orderly.network/

Kraken

Kraken is one of the world’s largest digital asset exchanges and the leader in euro volume and liquidity. Its global client base trades more than 200 digital assets and 8 different fiat currencies, including GBP, EUR, USD, CAD, JPY, CHF AED and AUD. Founded in 2011, Kraken was one of the first exchanges to offer spot trading with margin, regulated derivatives and index services. Trusted by over 9 million traders and institutions around the world, Kraken offers professional, round the clock online support.

Learn more: https://www.kraken.com

Contact

PR Manager

Anabela Rea

Orderly

anabela@orderly.network

Original source:dlnews

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