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Orderly Network Introduces Build-Your-Own Perp DEX Platform
Yahoo Finance· 2025-09-23 15:04
Core Insights - Orderly Network has launched "Orderly One," a platform enabling users to create their own perpetual decentralized exchanges (DEXs) quickly and without coding [1] - The service targets decentralized autonomous organizations (DAOs), funds, and trading communities, allowing them to generate revenue through crypto trading independently of centralized entities [1] Industry Overview - Perpetual DEXs are crucial in the crypto trading landscape, merging perpetual futures markets with decentralized, permissionless environments [2] - Unlike traditional spot DEXs, perpetual DEXs allow users to trade with leverage and short assets, functionalities that were primarily available on centralized exchanges like Binance [3] - These platforms ensure full self-custody of funds for traders, mitigating risks associated with exchange hacks or insolvency, and operate on smart contracts to provide a trustless alternative to centralized platforms [3] Decentralization Impact - The capability for DAOs and trading communities to establish their own perpetual DEXs enhances decentralization, as it decentralizes not only the trading protocol but also the user experience and governance [4]