Orderly Network and LogX Partner to Boost Perps Market Trading Experience
LogX and Orderly Network Revolutionize DeFi Perps Trading
The recently announced partnership between Orderly Network and LogX has made a significant step forward. With the technical integration now completed, the trading experience in the Perps market is elevated to a new level.
API Integration and Access to Unmatched Liquidity
The collaboration begins with a seamless API integration. LogX now accesses Orderly’s liquidity layer via our API, gaining access to real-time data and can execute trades efficiently in our comprehensive order book. This integration allows LogX users to access Orderly’s robust liquidity layer via the API, making it one of the most liquid options in the Perps DEX area.
Competitive Fees and Best Market Price
By utilizing LogX’s sophisticated routing algorithms, which consider important factors such as market price, depth, slippage, and fees, users can be assured of getting the optimal market price and competitive fees on the LogX platform.
Simplified Trading Experience
By pooling the liquidity of multiple Perp DEXs across different chains, LogX simplifies the trading experience. With Orderly Network’s Omnichain capabilities, LogX traders can access multiple liquidity sources through a single, user-friendly interface, simplifying the process and eliminating the need to manage different platforms.
Omnichain Trading Opportunities
LogX will initially integrate with Orderly’s Arbitrum Asset Layer, allowing users to seamlessly trade on this layer. With plans to integrate with other major EVM chains, we will enable LogX users to trade natively on multiple chains without having to bridge funds.
Onchain Settlement
At the heart of Orderly’s infrastructure lies the Orderly Settlement Layer, our native chain, which ensures transparency and efficiency in all transactions for all Orderly Network Vaults. Everything is settled on the Orderly Settlement Layer – on-chain and transparently – embodying a true DeFi trading experience.
Orderly Omnichain SDK; Fast Integration and Reduced Developer Resources
As the first Perps aggregator to integrate with Orderly Network, LogX will utilize Orderly’s robust SDK for continuous and fast integrations. Developers can significantly reduce the resources needed and simplify their integration with Orderly Network using the SDK.
Future Outlook
“The partnership of Orderly Network with LogX is just the beginning,” says Arjun Arora, COO of Orderly Network. “We look forward to delivering a fusion of institutional liquidity and optimal prices for traders. The future looks promising not only for the platforms of Orderly and LogX, but for every trader seeking an efficient, transparent, and user-friendly trading experience with competitive prices.”
Source: AMBCrypto Team
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