Orderly Network

ORDER tokens are used for voting on governance proposals which have a direct impact on the protocol and organizational policies. As with other governance tokens, a greater number of ORDER holders can signal a more resilient protocol and improve the overall quality of governance decisions.

Orderly Network tokens can also be staked to earn VALOR, based on the amount staked and lockup duration, entitling users to a share of the protocol’s treasury and trading rewards. 60% of the net fees collected by Orderly Network go toward the Orderly treasury.

ORDER is native to Ethereum, with support on Arbitrum, Optimism, Base and Polygon in the form of an Omnichain Fungible Token (OFT) version, which allows users to transfer ORDER tokens from Ethereum to other supported networks and back at a one-to-one rate. 

Orderly Network was founded by Ran Yi and Terrence Ng, both of whom previously contributed to WOO exchange, and they are supported by Arjun Arora, COO.

ORDER is a governance token that takes the form of an ERC-20 token on Ethereum and an Omnichain Fungible Token (OFT) on other chains.

ORDER token was launched on August 26, 2024.

Orderly token has been distributed across four key areas, with 55% reserved for Ecosystem development (including an airdrop), 20% reserved for the Orderly team & advisors, 15% to Strategic investors, and 10% in the Orderly Foundation treasury.

Orderly token has been distributed across four key areas, with 55% reserved for Ecosystem development (including an airdrop), 20% reserved for the Orderly team & advisors, 15% to Strategic investors, and 10% in the Orderly Foundation treasury.