- The L1 will have access to a substantial amount of liquidity, which will be derived via Orderly’s cross-chain orderbook.
- Orderly’s decision to deploy its best-in-class liquidity layer will improve the trading experience for Sonic users.
According to an announcement made by Web3 liquidity layer Orderly, it has successfully deployed its chain-agnostic infrastructure on EVM Layer 1 Sonic. The integration of Orderly will bring its omnichain orderbook to Sonic, which will make it possible for users and developers of the new L1 to gain access to deep liquidity levels.
Sonic is an EVM layer-1 platform that gives developers significant incentives and robust infrastructure. The S token is Sonic’s native token, utilized for paying transaction fees, staking, operating validators, and participating in governance.
During the month of December 2024, Sonic (previously known as Fantom) launched its mainnet, which featured 10,000 TPS and sub-second finality performance. Since then, its ecosystem has been steadily expanding as a result of 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 also providing developers with the infrastructure necessary to create powerful DEXes and perps protocols.
In addition to Solana, the technology developed by Orderly has already been implemented throughout the entirety of the omnichain ecosystem. This includes multiple EVM networks. With its arrival on Sonic’s EVM, the L1 will have access to a substantial amount of liquidity, which will be derived via Orderly’s cross-chain orderbook. As a consequence of this, Sonic projects are able to develop trading solutions that are not necessarily limited by the liquidity of native networks.
Orderly Co-Founder Ran Yi said:
“Sonic’s high-performance infrastructure aligns perfectly with our vision of creating seamless trading experiences across chains. 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. Given Sonic’s impressive throughput, we’re excited to see the sort of high performance applications that developers create using Orderly’s tech stack.”
Orderly is the infrastructure that enables people trade anything, anyplace. Its permissionless liquidity layer enables deep, unified liquidity across all blockchains via a single orderbook.
For the purpose of encouraging the adoption of the new Layer 1 EVM, Sonic has revealed that it would be awarding about 200 million S tokens to users as part of an airdrop. The increase in interest in Sonic’s high throughput network has been a direct result of this new development. As a result of the integration of Orderly, Sonic users, such as DEX traders and airdrop farmers, will have access to improved trading possibilities and the opportunity to swap assets without experiencing slippage.
Sonic’s Layer 1 EVM blockchain integrates complex features like as Sonic Gateway, while giving developers with incentives like Fee Monetization, where they may collect up to 90% of fees produced by their app. Combined with the availability of Orderly’s liquidity layer, it means developers are able to design complex trading apps that push the bounds of what can be accomplished onchain.
