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!
Show original
22.29K
144
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.