What about Orderly's liquidity?
Recently, I read a report from June, and they ran a round of liquidity testing~ Here are the results:
They emulate $10K / $50K / $100K BTC, ETH, SOL market orders and compare Hyperliquid, Vertex and Drift!
The result was quite unexpected!
The lowest ETH slippage is Orderly,
BTC tied with Hyperliquid,
SOL is also doing well, especially in the Solana ecosystem!
But the point is not who is the winner, the important thing is that it is only a fraction of the volume of HL, and the liquidity has been dried like this, which shows that Orderly is really something! Behind it is OmniVault doing passive market making, and TVL has also risen rapidly recently.
To sum up, the liquidity is top-notch, and the fundamentals are hard!
#KaitoYap @KaitoAI @OrderlyNetwork @0xArjun @ranyi1115 #Yap $ORDER
Show original
26.36K
154
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.