Question 1

What is Orderly Network (ORDER)?

Accepted Answer

Orderly Network is a decentralized orderbook protocol that serves as a liquidity layer for Web3 trading. It is a Layer 2 solution that provides high-performance trading infrastructure, including spot and perpetual futures trading, across multiple blockchains. The ORDER coin is the native utility and governance token of the network.

Question 2

What are the main utilities of the ORDER coin?

Accepted Answer

The ORDER coin is primarily used for staking, governance, and earning rewards within the platform. By staking ORDER, users can earn a share of trading fees and boost their trading rewards. Token holders also participate in the network's governance decisions.

Question 3

Where can I buy ORDER?

Accepted Answer

You can buy and sell the ORDER coin directly on the Mobee application, which provides a wide range of crypto assets for you to explore and trade.

Question 4

How does Orderly Network work?

Accepted Answer

Orderly Network works by combining an orderbook system with a liquidity layer that can be leveraged by other projects built on top of it. This allows developers to easily add spot or perpetual futures trading to their applications without needing to build complex backend infrastructure from scratch.

Question 5

What are the advantages of using Orderly Network?

Accepted Answer

The main advantages are high efficiency and deep liquidity. With a shared orderbook across multiple blockchains, Orderly provides a seamless and fast trading experience for its users. It also reduces development costs and time for dApp builders.

Question 6

Does the ORDER coin support staking?

Accepted Answer

Yes, staking is a primary function of the ORDER coin. Users can stake their tokens to earn rewards from the trading fees generated on the network.

Question 7

On which blockchains does Orderly Network operate?

Accepted Answer

Orderly Network operates on multiple blockchains, including Arbitrum, Optimism, Polygon, Base, Mantle, and Near. The plan is to continue expanding to other blockchains as well.