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Orderly Network Weekly Report: Trading Volume Exceeds $70 Billion, Only the Top Two WSOT Crypto Participants Are Profitable

2024-07-29 13:21
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Orderly Chain has processed more than $70 billion in cumulative transactions and more than 12.6 million blocks.


Builders have earned more than $9.1 million in cumulative revenue. WOOFi Pro ranks first with an average daily transaction volume of approximately $253 million. LogX Pro ranks second with an average daily transaction volume of approximately $48 million. Vooi ranks third with an average daily transaction volume of $37 million.


Statistics


As of now, Orderly's TVL is $31,830,924 and its cumulative transaction volume has reached $71,236,737,205. In the past 24 hours, Orderly Network has had a transaction volume of $174,361,690. Currently, there are 414,929 accounts and 287,072 unique wallets.


Orderly Network has accumulated a net fee income of $7,597,046. Builders have accumulated $18,761,287,072 in fees from Orderly Network.



New Partner


This week, Orderly Network welcomed 19th Builder, Curst Finance, a one-stop-shop Perp DEX. Orderly Network’s shared liquidity model brings deeper liquidity to traders, ensuring the necessary market depth required for large-scale cross-chain perpetual contract trading.



WSOT Crypto Championship


This week was extremely volatile, with trading competitions fiercely contested, and favorites DeFi^2 and Timeless Being were eliminated from the competition.


As of July 28, the first place CL had a total balance of 11,150 USDC and a weekly profit and loss of 1,913 USDC. The second place Rhino had a total balance of 9,414 USDC and a weekly profit and loss of 1,118 USDC. The third place Byzantine General had a total balance of 9,157 USDC and a weekly profit and loss of -924 USDC.


Only the top two CL and Rhino showed profits, while other traders showed losses. Among them, Zhu Su and DeFi^2 had larger losses, losing 17,982 USDC and 23,265 USDC respectively.



About Orderly Network


Orderly Network was founded in April 2022 and is incubated by NEAR and WOO Network. The platform uses an order book-based trading mechanism, combined with cross-chain liquidity and fast execution capabilities, to minimize transaction latency. Orderly Network combines the trading speed and liquidity advantages of centralized exchanges while maintaining the transparency, decentralization, and instant settlement capabilities of decentralized finance.



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