Unifying Blockchain Trading: The Strategic Partnership Between Orderly Network and Chainbased

Unifying Blockchain Trading: The Strategic Partnership Between Orderly Network and Chainbased

The blockchain and cryptocurrency ecosystem is no stranger to constant evolution, with innovation driving the sector forward. Among the latest transformative developments is the partnership between Orderly Network and Chainbased, a collaboration set to redefine multi-chain trading dynamics. This strategic alliance introduces a unified infrastructure where EVM-compatible and non-EVM orders coexist in a single perpetual order book, offering unprecedented liquidity, interoperability, and scalability to traders worldwide.

This partnership leverages the capabilities of Orderly Network, a protocol that recently expanded its services to support Solana users, bridging the gap between the EVM and non-EVM ecosystems. On the other hand, Chainbased, a rapidly growing decentralized finance (DeFi) platform, aims to simplify, streamline, and democratize access to decentralized finance. Together, these two platforms are poised to create a more accessible, efficient, and liquid trading experience.

This article explores the mechanics, purpose, and implications of this groundbreakingpartnership. From an analysis of Orderly Network's EVM super-ecosystem to a look at Chainbased's DeFi capabilities, we will break down how this collaboration will transform DeFi and centralized exchanges alike.

The Evolution of Orderly Network

Orderly Network has established itself as one of the most advanced and efficient decentralized trading protocols. Built initially to support EVM-compatible chains, Orderly Network made headlines in December 2024 when it announced its integration with the Solana blockchain, a move that signaled the protocol's intent to support both EVM and non-EVM ecosystems.

This integration was no small feat. Previously, decentralized trading protocols were constrained by blockchain silos. Solana, known for its speed, scalability, and low transaction fees, has long been seen as one of the most promising non-EVM blockchains. By merging Solana's liquidity with the broader EVM ecosystem, Orderly Network has created a unique super-ecosystem where traders can access cross-chain liquidity from a single interface.

Key Milestones for Orderly Network:

• Launch of EVM-compatible perpetual order books

• Introduction of Solana integration in December 2024

• First-ever combination of EVM and non-EVM orders into a single order book

This multi-chain approach is revolutionary, as it eliminates the need for users to navigate separate decentralized exchanges (DEXs) for EVM and non-EVM orders. Instead, it offers a consolidated order book where all assets and orders are viewable and executable from a single dashboard.

Introducing Chainbased: The Next-Gen DeFi Platform

Chainbased is a name that has quickly gained traction in the decentralized finance space. Known for its focus on cross-chain compatibility, user-centric design, and liquidity aggregation, Chainbased is a DeFi platform dedicated to enhancing user access to multiple DeFi protocols. The platform prioritizes user experience, liquidity provision, and cross-chain interoperability, all of which align perfectly with Orderly Network's recent expansion into Solana.

Chainbased has made waves as a multi-chain DeFi aggregator that allows users to interact with DeFi protocols without the need for multiple wallets or separate logins. Users can access DeFi services from a single, intuitive interface, spanning EVM-compatible blockchains like Ethereum, Binance Smart Chain, and Avalanche.

Chainbased Key Features:

• Multi-chain Aggregation: Unified access to multiple blockchains from a single interface

• Cross-Chain Swaps: Seamless asset transfers between chains

• On-chain Portfolio Management: Users can manage their entire DeFi portfolio in one place

• DeFi Position Management: Manage positions across multiple DeFi protocols

With this strong foundation, Chainbased's partnership with Orderly Network aligns with its vision of enabling cross-chain liquidity aggregation. Together, they are forming a multi-chain liquidity engine where Solana, Ethereum, and other EVM chains can be accessedfrom a single dashboard.

Why This Partnership Matters

The partnership between Orderly Network and Chainbased addresses one of DeFi’sbiggest challenges — fragmentation. Blockchain users face issues such as multiple interfaces, liquidity silos, and high fees when moving funds between chains. This new alliance aims to create an environment where users can trade seamlessly across EVM and non-EVM blockchains, thus improving capital efficiency, liquidity, and user experience.

1. Unified Order Book for EVM and Non-EVM Orders

Orderly Network’s December 2024 breakthrough of merging EVM and non-EVM orders into one order book is at the core of this collaboration. By integrating with Chainbased, users will no longer need to switch between platforms or wallets to manage their trades. The order book will aggregate liquidity from multiple chains, resulting in:

• Improved Trade Execution: Users get better pricing due to deeper liquidity.

• Increased Market Efficiency: EVM and non-EVM liquidity are combined, optimizing the order matching process.

• Reduced Transaction Costs: Fewer network fees as users no longer need to bridge tokens between blockchains.

2. Improved Liquidity Across EVM and Solana

Liquidity fragmentation has been a persistent challenge for the DeFi space. Through this partnership, Chainbased and Orderly Network are addressing this issue by ensuring that liquidity from EVM chains like Ethereum and Avalanche is combined with Solana's liquidity.

This consolidated liquidity pool results in:

• Tighter Bid-Ask Spreads: Higher liquidity means smaller spreads and better prices for traders.

• Faster Order Matching: A larger pool of liquidity reduces wait times and slippage.

How Users Benefit From This Partnership

The combined power of Orderly Network and Chainbased benefits users in several key ways.

1. Seamless User Experience

o No need for multiple logins or wallet connections.

o Access cross-chain liquidity from a single interface.

o Full visibility of EVM and non-EVM orders in one place.

2. Liquidity Aggregation

o Users can tap into the liquidity of EVM and Solana simultaneously.

o Reduced slippage and lower fees thanks to deeper liquidity pools.

3. Improved Trade Execution

o Access to cross-chain order books ensures efficient matching of buy/sell orders.

o Users can access the most competitive prices for trades.

4. Simplified Portfolio Management

o Users can manage their entire DeFi portfolios directly on Chainbased.

o This enables users to track, swap, and stake tokens across EVM and Solana networks.

5. Cost Savings

o No need for multiple network fees as funds remain on a single platform.

o Enhanced liquidity pools reduce slippage, further saving users money.

Future Prospects of the Partnership

The Orderly Network and Chainbased partnership opens the door to an era of "Universal DeFi Trading". With EVM and Solana under one roof, users can trade, swap, stake, and manage portfolios with greater ease. Future integrations could expand to other prominent blockchains such as Polkadot, Cosmos, or Near, further enhancing liquidity and user reach.

Key Goals for 2024 and Beyond:

• Integrate More Non-EVM Chains: Chains like Cosmos and Near may follow Solana’s path.

• DeFi Super App: Chainbased could evolve into a one-stop app for DeFi, trading, and staking.

• Liquidity Mining Programs: Joint liquidity mining incentives could be offered to bootstrap liquidity.

The order book model introduced by Orderly Network will serve as the foundation for multi-chain DeFi protocols going forward. Expect other major players to adopt this approach in a bid to provide deeper liquidity and streamlined cross-chain experiences.

The partnership between Orderly Network and Chainbased is a landmark development in the world of DeFi. With Solana and EVM liquidity combined, this collaboration eliminates the need for separate trading environments, allowing for a more fluid, cross-chain DeFiexperience.

By creating a unified order book for EVM and non-EVM orders, users will enjoy lower fees, deeper liquidity, and better prices. Moreover, the user experience will be simplified as traders no longer need to manage multiple accounts, wallets, or logins.

As the DeFi space matures, these kinds of collaborations will play a pivotal role in the adoption of blockchain technology. The seamless trading experience envisioned by Orderly Network and Chainbased may well become the industry standard. This partnership is not just a win for Orderly and Chainbased, but a win for the entire DeFi ecosystem.

‍