Orderly Network Unveils 'Orderly One' for Rapid Perpetual DEX Deployment, Intensifying DeFi Competition

Executive Summary

Orderly Network has introduced Orderly One, a new platform designed to facilitate the rapid and code-free deployment of perpetual decentralized exchanges (DEXs). This infrastructure targets Decentralized Autonomous Organizations (DAOs), trading funds, and communities, enabling them to establish independent revenue streams from crypto trading. The initiative aims to reduce reliance on centralized entities and enhance the decentralization of the user-facing experience and governance within DeFi.

The Event in Detail

Launched by Orderly Network, a prominent DEX infrastructure provider, Orderly One allows users to configure and launch a perpetual contract DEX within minutes, requiring no coding. The platform supports over 15 blockchain networks and more than 110 assets, offering up to 100x leverage. It features an omnichain shared order book, providing deep liquidity and access across preferred wallets and chains. The underlying infrastructure, built on Orderly's SDK, currently powers DEXs such as WOO, Raydium, and Quickswap, demonstrating its battle-tested nature.

Security is a core component, with professional-grade measures including collaboration with auditing and cybersecurity firms for 24/7 monitoring of smart contracts. For instance, Guardian performed a security review of Orderly's perpetuals protocol, identifying multiple findings, and confirmed Orderly Network's prompt communication and domain expertise. Performance is engineered to be comparable to centralized exchanges, with reported latency under 200 milliseconds for high-frequency trading, while maintaining self-custody and on-chain order transparency inherent to DeFi. Additionally, Orderly One offers brand customization through AI agents, enabling users to generate custom themes, logos, fonts, and color schemes.

Market Implications

Orderly One significantly lowers the barrier to entry for launching perpetual DEXs, potentially leading to a proliferation of new decentralized trading venues. This development aligns with the broader trend of the Perpetual DEX market experiencing substantial growth, with trading volumes on these platforms surpassing $898 billion in Q2 2025. The DEX-to-CEX trading volume ratio has reached a record of 0.23, indicating a growing user preference for decentralized platforms driven by self-custody and transparency, particularly following incidents that eroded trust in centralized exchanges.

The competitive landscape within the perpetual DEX sector is intensifying. While Hyperliquid holds a significant market share, new platforms like Aster and Lighter are rapidly gaining traction through incentive programs. Orderly One's ability to enable communities to launch their own branded exchanges and earn revenue from trading fees could fragment market share further and foster greater innovation. By offering institutional-grade trading infrastructure as a white-label solution, Orderly One enables DeFi protocols to integrate perpetuals without extensive development, thereby accelerating the expansion of decentralized trading functionalities.

Broader Context

This launch contributes to the ongoing decentralization trend within the cryptocurrency market. The demand for user-controlled, transparent, and performant trading environments has driven the overall daily trading volume on perpetual DEXs to exceed $43 billion, representing an increase of over 530% since the beginning of the year. Orderly One's focus on empowering communities and DAOs to 'own their exchange' directly addresses the evolving market sentiment favoring self-sovereignty and direct participation in financial ecosystems. The platform's strategic positioning aims to bridge the gap between the performance expectations of centralized finance and the foundational principles of decentralized finance, offering a robust solution for a diverse range of market participants.