Orderly's DEX Board is a visualization tool that integrates data from the entire ecosystem, designed to track and analyze the performance of all decentralized exchanges (DEXs) built on the Orderly Network. It consolidates core metrics—Volume, Fees, and overall PnL—into a unified dashboard, allowing users to quickly assess the activity, profitability, and overall performance of each DEX. The DEX Board acts like a "dashboard for the DeFi trading ecosystem." For example, the 30-day data for the DEX nootrade shows: trading volume of $17.53M, fee income of $5.26K, and overall PnL of +$136K. This indicates that in the past month, trading activity was high, liquidity was sufficient, and traders were generally profitable. Conversely, if a DEX has a long-term negative PnL, it suggests that most participants are losing money, strategies are failing, or trading costs are too high. Interestingly, the DEX Board does not just display numbers. It also lists the top-performing traders on each DEX, such as nootonabstract, lolctolol, and SalsaTekila. These rankings reflect the current mainstream trading styles, whether they lean towards high-frequency market making, trend trading, or event-driven strategies. For regular users, this information helps determine which DEX's "atmosphere" and strategies align better with their own; for researchers or institutions, it serves as a primary source of behavioral data. Additionally, next to each DEX, there is a "Visit DEX" button that allows users to jump directly to the corresponding front-end interface to start trading. The underlying data is supported by Orderly Network, which provides foundational liquidity and matching support, meaning different DEX front-ends share the same underlying liquidity pool. The DEX Board essentially serves as the "performance leaderboard" for the entire Orderly ecosystem; the more impressive the data, the more active the ecosystem, leading to higher fees, a portion of which will be returned to the $ORDER token through buyback and burn mechanisms. From a longer-term perspective, the significance of the DEX Board goes beyond just displaying data; it makes the operation of the entire decentralized trading ecosystem transparent, traceable, and comparable. Traders can find a healthy market environment, developers can monitor the growth trajectory of their DEX, and investors can see the cash flow status and growth potential of the Orderly ecosystem through real data. In summary ---- the DEX Board is Orderly's ecosystem radar, helping you see who is making money, who is growing, and making the entire DeFi world more traceable. Orderly’s DEX Board is a live dashboard for the whole Orderly ecosystem. It puts three signals side by side for each DEX front end: 30D Volume, Fees, and PnL. That combo tells you, at a glance, whether a venue is active, how much it’s charging, and—most importantly—whether participants are net making or losing money. Think of it as a health check for market quality, not just a vanity “who has the biggest volume” board. Example: nootrade shows ~$17.53M volume, ~$5.26K fees, and +~$136K PnL over the last 30 days. Translation: there’s flow, costs are visible, and traders as a group actually came out ahead. Many venues look busy but bleed PnL; this panel helps separate noise (rotating churn) from real edge~~ It also surfaces top traders on each venue (names like nootonabstract, lolctolol, SalsaTekila). That’s useful for style-reading: are winners skewed to market-making, trend, or event-driven perps flow. Click Visit DEX and you drop straight into the front end to sanity-check depth, slippage, funding, and positioning skew. For operators, the same board is a performance mirror; for $ORDER holders, more venues + more fees = stronger buyback/burn flywheel, so the dashboard doubles as a cash-flow window on the protocol. """ TDLR"""" DEX Board is a simple but sharp instrument. Use PnL to rank venues, then sanity-check PnL/Volume stability and fee load before you commit. It turns “where’s the alpha” from a hunch into a quick screen, and lets you focus time on markets that actually reward competence, not just clicks. @OrderlyNetwork #KAITO @KaitoAI