How is Orderly's liquidity?
Recently, I read a report from June where they conducted a round of liquidity tests~ Here are the results:
They simulated market orders of $10K / $50K / $100K for BTC, ETH, and SOL, and compared them with Hyperliquid, Vertex, and Drift!
The results were quite surprising!
ETH had the lowest slippage with Orderly,
BTC was on par with Hyperliquid,
SOL also performed well, especially within the Solana ecosystem!
But the key point isn't about who the winner is; what's important is that its current volume is only a fraction of HL's, and liquidity has already reached this level, indicating that Orderly truly has something! Behind it, OmniVault is passively providing market making, and the TVL has been rising quickly recently.
In summary, the liquidity is top-notch, and the fundamentals are solid!
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