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Cryptocurrency News Articles

Web3 liquidity layer Orderly has unveiled a retroactive reward program for Solana traders

May 10, 2025 at 03:35 am

input: Web3 liquidity layer Orderly has unveiled a retroactive reward program for Solana traders, making over 2.3 million escrowed $ORDER tokens ($esORDER) available to claim.

Web3 liquidity layer Orderly has unveiled a retroactive reward program for Solana traders

Web3 liquidity layer Orderly is launching a retroactive reward program for Solana traders, making over 2.3 million escrowed $ORDER tokens ($esORDER) available for immediate claim. The initiative aims to share Orderly’s native token with users who have previously traded on any Orderly-powered decentralized exchange (DEX) on the Solana network.

Orderly, which provides deep, unified liquidity across all major blockchains via a single, cross-chain order book, supports Solana, Sonic, Arbitrum, Base, Mantle, Ethereum Mainnet, OP, Polygon, and more, granting traders and exchanges access to over 100 markets from one interface.

Solana users who have interacted with any DEX leveraging Orderly’s shared order book can visit Orderly’s Trading Rewards page, connect their wallet, and immediately claim their portion of the 2.3 million $esORDER pool. Once claimed, holders have two options:

By implementing a retroactive rewards mechanism, Orderly aims to recognize early adopters and active traders who helped bootstrap liquidity on Solana-based DEXs.

Launch of Staking Program on Solana

Coinciding with the retroactive rewards, Orderly has launched its long-standing staking program on the Solana blockchain. Under this program, 60 percent of all trading fees collected by the protocol are redirected to stakers of the native $ORDER token. Key highlights include:

Solana users can begin staking immediately via the Orderly app at https://app.orderly.network/staking.

Building Liquidity Bridges Between Solana and EVM Chains

This latest move follows Orderly’s integration of its unified order book on Solana earlier this year, which gave Solana DEXs—such as Raydium—access to deep, aggregated liquidity sourced from EVM chains and other networks. By bringing both the shared order book and token incentives to Solana, Orderly is closing the gap between Solana and the broader Ethereum ecosystem.

Orderly CEO Ran Yi said, “Bit by bit, we’re breaking down the barriers that separate Solana from the Ethereum ecosystem. First by bringing our cross-chain orderbook to Solana, and now by following suit with $esORDER rewards to Orderly traders and the launch of $ORDER staking. This means that Solana users can now capture the upside to Orderly’s growing trading volume, both on their own chain and on the long tail of EVM networks that Orderly supports.”

Strengthening Orderly’s Position in Solana DeFi

Orderly’s dual rollout of retroactive rewards and staking shows its commitment to the Solana DeFi ecosystem. By supplying robust, permissionless liquidity, the protocol empowers DEXs to offer more competitive pricing and deeper markets, positioning Orderly as a foundational layer for cross-chain trading.

Looking ahead, Orderly plans to distribute additional $esORDER rewards on a fortnightly basis to new and active Solana traders, ensuring continuous incentives for volume growth on the network. Traders and stakers alike can now tap into Orderly’s growing liquidity network, earning rewards while helping to unify DeFi liquidity across chains.

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