Orderly Network just announced an upgrade to its Ethereum Virtual Machine (EVM) platform. It brings several new features and improvements. This upgrade mainly covers the important features such as trading stability, effectiveness and bidding levels for the specific orders.
We just upgraded our EVM platform!
Some of the upgrades include the following:
Bid/ask level support for bid/ask orders
— Orderly Network (@OrderlyNetwork) June 25, 2024
Orderly network improves bid/ask levels for accurate orders
Among them, an improvement in bid/ask levels now supports bid/ask orders. This improvement allows users to place even more accurate buy and sell orders. This will help improve the overall trading environment.
Another feature of the update is the ability to set post_only_adjust for post_only orders. It also makes it possible to seamlessly change mail-only orders, which would have to be placed on the order book so as not to be immediately filled.
The number of transactions has quadrupled for the Enhanced Fee Split Service. This update ensures that the platform can process a greater number of transactions.
Upgrade improves trading stability and effectiveness
Likewise, the deposits have been reinvented so that users can deposit more money into the accounts in less time. This enhancement is aimed at improving the ease with which users can find and interact with the information they want on the website or app.
Orderly Network’s goal is to influence the development of Omnichain perpetual contracts (Perps) for the future. These upgrades bring them closer to their vision.
These upgrades confirm Orderly Network’s commitment to providing a stable and effective trading platform. These new features will improve efficiency and flexibility in the trading experience for users.