Decentralized exchange (DEX) infrastructure provider Orderly Network introduced a platform for users to launch their own perpetuals DEXs.
„Orderly One” allows a perp DEX to be built in a matter of minutes without requiring the writing of any lines of code, Orderly said on X on Tuesday.
The new service is aimed at decentralized autonomous organizations (DAOs), funds, trading communities and so on who wish to build a revenue stream through crypto trading without relying on a centralized entity.
Perpetual DEXs play a significant role in crypto trading, combining perpetual futures market to a decentralized, permissionless environment.
Unlike traditional spot DEXs that only allow token swaps, these platforms let users trade with leverage and short assets, a functionality previously dominated by centralized exchanges like Binance. They allow traders to maintain full self-custody of their funds, eliminating the risk of exchange hacks or insolvency. By operating on smart contracts, they offer
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