Orderly Enhances Liquidity on Sonic’s EVM Layer 1
Web3 liquidity layer Orderly has recently announced the successful deployment of its chain-agnostic infrastructure on EVM Layer 1 Sonic. This integration will bring Orderly’s omnichain orderbook to Sonic, providing users and developers with access to deep liquidity levels.
Sonic: A Platform with Incentives and Robust Infrastructure
Sonic is an EVM layer-1 platform that offers developers significant incentives and robust infrastructure. The native token, S token, is utilized for various purposes such as paying transaction fees, staking, operating validators, and participating in governance.
Enhanced Trading Experience for Sonic Users
Since its mainnet launch in December 2024, Sonic has seen significant growth, attracting new users and partners. With Orderly’s liquidity layer deployment, Sonic users can expect an improved trading experience and developers will have the tools to create powerful DEXes and perps protocols.
Orderly’s technology has been implemented across multiple EVM networks, including Solana. With its arrival on Sonic’s EVM, the platform will benefit from deep liquidity derived from Orderly’s cross-chain orderbook, offering developers the flexibility to create innovative trading solutions.
Empowering Developers and Users
Orderly Co-Founder Ran Yi expressed excitement about the partnership, stating, “By bringing Orderly’s cross-chain orderbook to Sonic, we’re equipping developers with the tools to build cutting-edge DeFi applications and empowering users with deep liquidity that will deliver greater capital efficiency.”
Orderly’s permissionless liquidity layer enables unified liquidity across all blockchains via a single orderbook, making it easier for users to trade assets seamlessly.
Adoption Incentives and Improved Trading Possibilities
To encourage adoption of the new Layer 1 EVM, Sonic has announced a 200 million S token airdrop for users. This initiative has sparked increased interest in Sonic’s high throughput network, offering users improved trading possibilities and reduced slippage through the integration of Orderly’s liquidity layer.
Developers on Sonic’s Layer 1 EVM blockchain can leverage features like Sonic Gateway and Fee Monetization, where they can collect up to 90% of fees generated by their applications. Combined with Orderly’s liquidity layer, developers have the opportunity to create complex trading apps that push the boundaries of on-chain capabilities.