- The L1 will have access to a significant amount of liquidity, which will be obtained through Orderly’s cross-chain order book.
- Orderly’s decision to deploy its best-in-class liquidity layer will improve the trading experience for Sonic users.
According to an announcement from Web3 liquidity layer Orderly, it has successfully deployed its chain-agnostic infrastructure on EVM Layer 1 Sonic. Orderly’s integration will bring its omnichain order book to Sonic, allowing users and developers of the new L1 to access deep levels of liquidity.
Sonic is an EVM layer 1 platform that offers developers significant incentives and a robust infrastructure. The S token is Sonic’s native token, used for paying transaction fees, staking, operating validators, and participating in governance.
In the month of December 2024, Sonic (formerly known as Fantom) launched its mainnet, with 10,000 TPS and sub-second finality performance. Since then, the ecosystem has been steadily expanding due to the constant addition of new users and partners. Orderly’s decision to deploy its best-in-class liquidity layer will improve the trading experience for Sonic users while providing developers with the infrastructure needed to create powerful DEXes and perps protocols.
In addition to Solana, the technology developed by Orderly has already been implemented throughout the omnichain ecosystem. This includes multiple EVM networks. With its arrival on Sonic’s EVM, the L1 will have access to a significant amount of liquidity, which will be obtained through Orderly’s cross-chain order book. As a result, Sonic projects are able to develop trading solutions that are not necessarily limited by the liquidity of proprietary networks.
Orderly co-founder Ran Yi said:
“Sonic’s high-quality infrastructure fits perfectly with our vision of creating seamless trading experiences within chains. By bringing Orderly’s cross-chain order book to Sonic, we are providing developers with the tools to build cutting-edge DeFi applications and provide users with deep liquidity that will deliver greater capital efficiency. Given Sonic’s impressive throughput, we’re excited to see the kind of high-quality applications developers are creating using Orderly’s tech stack.”
Orderly is the infrastructure that allows people to trade anything, anywhere. The permissionless liquidity layer enables deep, unified liquidity across all blockchains through a single order book.
To encourage adoption of the new Layer 1 EVM, Sonic revealed that it would award approximately 200 million S tokens to users as part of an airdrop. The increased interest in Sonic’s high throughput network is a direct result of this new development. As a result of Orderly’s integration, Sonic users, such as DEX traders and airdrop farmers, will have access to enhanced trading capabilities and the ability to exchange assets without experiencing slippage.
Sonic’s Layer 1 EVM blockchain integrates complex features like Sonic Gateway, while developers get incentives like Fee Monetization, where they can collect up to 90% of the fees produced by their app. Combined with the availability of Orderly’s liquidity layer, this means developers can design complex trading apps that push the boundaries of what can be achieved on-chain.