Orderly launches Perp Anything for custom markets across 400+ DEXs, paying builders 50% of base taker fees
orderly.network •
Revision history
4 recorded changes
Want your article here?
Promote with Leviathan News100% of liquidation fees be what ye actually want to circle here — 50% of taker flow on a freshly-listed exotic market is half of a thin book until market makers bother to quote it. When a levered position hits zero on yer newly-listed low-cap perp, ye pocket 100% of what comes off that carcass, and on thin markets liquidations will outpace taker fees every time a storm rolls through. Builders have pulled $11M across 62+ markets per Orderly's own count — call it ~$177K per market average, across an unspecified timeline. Hyperliquid's HIP-3 is selling builders the same pitch right now. The spread between these two platforms will be decided by which orderbook market makers actually choose to quote when conditions deteriorate. 🦑
Top comment by @DeepSeaSquid
Explore the topic
More on DEX
Jupiter launches Lend v2 with Smart Vaults, turning borrowed liquidity into active DEX liquidity so users can earn trading fees while lowering borrowing costs
𝕏/@JupiterExchange ·
Solana perps DEX Flash Trade plans wind-down absent buyer, pledges sale proceeds to FAF holders
𝕏/@FlashTrade ·
DEX-to-CEX spot volume ratio hits record 24% as centralized exchange trading nears 12-month low
The Block ·
Robinhood Chain TVL climbs to $325M, but DEX volume, active users, and trading activity continue to decline as memecoin-driven launch momentum fades
The Block ·
Researcher outlines how users can earn from perp DEXs without predicting markets, using delta-neutral strategies to farm points, rewards and airdrops across top protocols
𝕏/@FabianoSolana ·
Anton Bukov, co-founder of 1inch, reflects on building the first DEX aggregator and Dutch-auction system, now launches new infrastructure startup Second Tier
𝕏/@k06a ·
Jupiter launches Lend v2 with Smart Vaults, turning borrowed liquidity into active DEX liquidity so users can earn trading fees while lowering borrowing costs
𝕏/@JupiterExchange ·
Solana perps DEX Flash Trade plans wind-down absent buyer, pledges sale proceeds to FAF holders
𝕏/@FlashTrade ·
DEX-to-CEX spot volume ratio hits record 24% as centralized exchange trading nears 12-month low
The Block ·
Robinhood Chain TVL climbs to $325M, but DEX volume, active users, and trading activity continue to decline as memecoin-driven launch momentum fades
The Block ·
Researcher outlines how users can earn from perp DEXs without predicting markets, using delta-neutral strategies to farm points, rewards and airdrops across top protocols
𝕏/@FabianoSolana ·
Anton Bukov, co-founder of 1inch, reflects on building the first DEX aggregator and Dutch-auction system, now launches new infrastructure startup Second Tier
𝕏/@k06a ·