Orderly Network ORDER

Ethereum · Decentralized Finance · Ethereum Ecosystem · Layer 2 · Perpetuals

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ORDER is the utility token of Orderly Network. It is used for governance participation, staking to earn a share of protocol trading fees, and to boost trading and market-making rewards across multiple blockchains. Staking ORDER generates VALOR, a reward mechanism that represents a user's staking position based on the amount staked and duration, entitling them to a share of the protocol treasury funded by protocol net revenue.