Orderly Network Completes $5 Million Strategic Financing
According to BlockBeats, on August 16, The Block reported that Web3 liquidity provider Orderly Network completed a $5 million strategic financing, with participation from OKX Ventures, Manifold Trading, Presto Labs, LTP, Nomad Capital and Origin Protocol.
Orderly Network aims to solve DeFi liquidity problems and currently supports Ethereum mainnet, Polygon, Optimism, Base, Arbitrum and Mantle. Orderly Network plans to use the funds to develop new products and enhance its on-chain liquidity. In addition, Orderly is preparing for its token generation event (TGE), in which Orderly token stakers will receive 60% of Orderly's net transaction fees.
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