Orderly Network, a distributed Exchange (DEX) infrastructure provider, has introduced a platform for users to launch their own permanent DEX.
“Orderly One” can allow you to build perp dex in minutes without the need to write orderly code on X on Tuesday.
The new service is aimed at decentralized autonomous organizations (DAOS), funds, trade communities, and more, for those who want to build revenue streams through crypto transactions without relying on centralized entities.
Persistent DEX plays a key role in crypto trading, combining permanent futures markets with a decentralized, unauthorized environment.
Unlike traditional Spotdexes, which only allow token swaps, these platforms allow users to trade on leverage and short assets previously dominated by central exchanges like Binance. They allow traders to maintain full independence of their funds, eliminating the risk of exchange hacking and bankruptcy. By operating smart contracts, it offers unreliable alternatives to centralized platforms.
In theory, the ability of DAOS and trading communities to build their own PARP DEXS takes decentralization a step further. Not only is trading protocols decentralized, but so is the user-friendly experience and its governance.